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Business & Markets — August 26, 2026

The Morning Brief Desk · August 26, 2026

Futures hold steady ahead of inflation data. Dow, S&P 500, and Nasdaq futures held steady Wednesday ahead of a key PCE inflation reading and Nvidia's quarterly earnings report.

Yahoo Finance · Read more →

TurboTax customers leave over price. Intuit shares fell in early Wednesday trading as cost-conscious customers abandoned TurboTax over its pricing, pressuring the tax-software maker's growth outlook.

MarketWatch · Read more →

Tesla raises Cybertruck price by $5,000. Tesla raised the base Cybertruck's price by $5,000, with analysts saying the once mass-market truck is settling into a luxury niche.

Business Insider · Read more →

Canada announces retaliatory tariffs up to 50%. Canada announced dollar-for-dollar retaliatory tariffs of up to 50% on roughly 700 U.S. goods, about $20 billion worth, effective next month after trade talks collapsed.

The new levies target a wide range of American products, including steel, furniture, fresh tuna and makeup, according to the BBC, which described the move as the latest escalation in the U.S.-Canada trade war. Ottawa's decision to match American duties dollar for dollar followed the collapse of negotiations between the two governments, leaving roughly $20 billion in U.S. goods facing higher costs when the measures take effect next month.

BBC World · Read more →

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