
American Tourism Sector Braces for Canada-US Trade Tensions
American tourism operators dependent on Canadian visitors are preparing for potential revenue losses as escalating trade tensions and proposed tariffs threaten cross-border travel demand.
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American tourism operators dependent on Canadian visitors are preparing for potential revenue losses as escalating trade tensions and proposed tariffs threaten cross-border travel demand.
US companies have received tariff refunds, but it remains unclear whether these savings will be passed on to consumers, with some companies providing refunds while others decline.
JSI has developed a new benchmarking dataset, built from 6.3 million U.S. businesses' financial filings, to address an analytical blind spot in private credit and provide asset owners with borrower-level insight.
ADP reported that U.S. businesses added 109,000 new jobs in April, marking the largest increase in 15 months and suggesting a potential thawing of the labor market.
Women now own more than 40% of businesses in the U.S., indicating a significant rise in female entrepreneurship and its growing impact on the economy.

President Trump signed an executive order directing U.S. federal agencies to rename Lake Ontario as "Lake America." Canadian officials immediately rejected the directive, affirming that the shared waterway will retain its official name under Canadian law.

The U.S. Treasury has issued a final rule that eliminates reporting requirements for U.S. companies and individuals under the Corporate Transparency Act. The act itself remains in effect, but the reporting obligations are removed.

FIFA President Gianni Infantino defended the organization against visa issues in the U.S. ahead of the World Cup, while Iranian-Americans called for Iran's expulsion from the tournament. Preparations for the 2026 FIFA World Cup, co-hosted by the U.S., Mexico, and Canada, are underway, with discussions around its economic impact and fan experience.
The ongoing Middle East war is causing significant economic uncertainty for US businesses, with potential costs hitting consumers and an estimated $58 billion in damage to energy assets.
Businesses that paid more than 100-billion dollars in tariffs are waiting to find out when they'll get their money back, after the Supreme Court ruled those import taxes were illegal.

U.S. companies are increasingly adopting cheaper, customizable open-source AI models, with fast-improving systems from China leading the shift.

The Trump administration's imposition of new global tariffs has drawn lawsuits from U.S. businesses and negative reactions internationally, while officials also admitted to withholding clean energy grants from states that did not vote for Trump. These actions highlight ongoing controversies surrounding the administration's economic and political strategies.
Private credit lenders have provided $560 billion in financing to US businesses since 2023, according to a new MFA report. This highlights the growing role of private credit in the American economy.
Block, formerly known as Square, has automatically enabled Bitcoin payments for businesses across the United States, expanding cryptocurrency adoption in commercial transactions.

New York Fed President John Williams stated that the burden of tariffs falls 'overwhelmingly' on U.S. businesses and consumers, hindering the Fed's 2% inflation target.