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U.S. aviation investigators are examining the speed, weather conditions and airport safeguards involved in an Amazon cargo plane crash at Miami International Airport that killed five people on the ground and injured five others. The 21 Air-operated Boeing 767 travelled around 1,300 feet beyond the paved runway, striking a van carrying seven people and an SUV. Publicly available data indicated the aircraft was travelling at 112 knots, or about 129mph, as it left the usable runway. The National Transportation Safety Board will investigate why the pilots did not perform a go-around, alongside the aircraft’s mechanical systems, crew experience and air-traffic control, and will assess whether the absence of an Engineering Materials Arresting System at the end of the runway contributed to the severity of the accident.

 

AP News

Reuters

Wall Street Journal

Canada has imposed retaliatory tariffs on roughly $20bn of U.S. imports, including clothing, cheese, metal parts and wood products, after trade negotiations collapsed and the U.S. introduced 50% duties on selected Canadian goods in August. Prime Minister Mark Carney’s government has pledged to respond “dollar for dollar” to U.S. tariffs, raising concerns that further retaliation could increase costs for businesses and consumers on both sides of the border. President Donald Trump has threatened additional measures, including tariffs on Canadian auto imports, while also targeting Bombardier and suggesting further restrictions on bilateral trade, increasing the risk of a broader escalation between the two countries. Already, Sapporo Breweries is to shift some production from Canada to the U.S. in response to 50% tariffs on Canadian beer exports, with production of non-alcoholic beer for the U.S. market set to move by the first half of 2027. The Japanese brewer is also considering acquiring or building a West Coast brewery, or using contract manufacturers, as it seeks to expand its flagship brand in the U.S.

 

CNN

Bloomberg

CTV News

New York Times

Federal Reserve rate hike expectations have increased ahead of the September 16 meeting, with traders pricing a 58.4% probability of a 25-basis-point increase to 3.75%-4% after the U.S. economy added 162,000 jobs in August and unemployment held at 4.1%. Inflation remains above the Fed’s 2% target at 3.4%, prompting Macquarie, Bank of America, and UBS to forecast a September hike, with UBS expecting another increase in December. The shift comes as President Donald Trump and Vice President JD Vance intensify pressure on Fed Chair Kevin Warsh to lower borrowing costs, with Trump also threatening trade restrictions against countries with which the U.S. runs trade deficits if rates do not fall.

 

Fortune

The oil deal between Venezuela and the U.S. is problematic, according to lawyers and experts, who say U.S. President Donald Trump’s claim that it involved a 100-year concession would violate the Venezuelan constitution. The deal, announced by President Trump ​and confirmed by Venezuela's interim President Delcy Rodriguez, will put 65 billion barrels of recoverable oil under U.S. control. Mr Trump said the pact would ​involve "a partnership with private business," although Washington has not disclosed which companies are in the running to operate the oilfields on its behalf. "If the goal was to try to reduce the risk of investing in Venezuela, the United States might be doing the exact opposite ⁠with ⁠this transaction: further weakening the country's already ⁠fragile institutional framework," observed Luisa Palacios, ​adjunct senior research scholar at Columbia University's Center on Global Energy Policy.

 

Financial Times

Reuters

The Seattle Times and Newsday have sued OpenAI and Microsoft, claiming that the tech companies ​copied their journalism without permission to train their AI systems. The ​newspapers allege the ⁠companies' AI products can reproduce passages from their reporting and ​provide users with answers that reduce the need to visit their websites or buy ​subscriptions. They want the destruction of any copies of their works the companies are holding, as well as training datasets and AI models that incorporate them. "We feel strongly that we must defend our content - which we spend millions of dollars a year to produce - from being used without our consent or compensation," Seattle Times President and CEO ​Alan Fisco wrote to staff. The suit was filed ‌in the U.S. District Court for the Southern District of New York.

 

Reuters

The Verge

Outdoor retailer Patagonia has joined a coalition of Native American and environmental groups in legal action against the Trump administration over executive orders reducing the Bears Ears and Grand Staircase-Escalante national monuments in Utah by more than 90%. The company is seeking to reopen lawsuits originally filed in 2017, arguing that the reductions are illegal, undermine Tribal sovereignty and could open previously protected federal land to oil drilling, uranium mining and other development. Patagonia said public lands are critical to the $1.2tn outdoor industry and has called for support for the Tribal groups and organizations seeking to protect the monuments.

 

The Hill

Some of the world’s largest asset managers are rebuilding gold positions after bullion retreated from its January record near $5,600 an ounce, with firms including Amundi, Pictet Asset Management, Robeco, and Fidelity International betting that its long-term investment case remains intact. Gold was trading near $4,400 on Friday, while Amundi expects it to return to $5,000 by year-end. Investors cite record second-quarter central-bank purchases, renewed demand for portfolio hedges, concerns about U.S. fiscal credibility and the dollar, and greater diversification as key supports for bullion. However, higher Treasury yields and expectations for potential Federal Reserve rate hikes could constrain near-term gains, with money managers viewing gold primarily as a long-term hedge against macroeconomic and geopolitical uncertainty.

 

Bloomberg

Australian supermarket Coles has agreed to end its partnership with U.S. data analytics company Palantir after three years, with the contract not extending beyond 2027 and a transition plan now under way, although the final timing has yet to be determined. The grocer signed the agreement in 2024, giving Palantir’s software access to more than 10bn rows of operational data covering its stores, shifts and 120,000 employees, which Coles says has been used for rostering, store operations and supply-chain planning within its own controlled environment. Coles has rejected claims that the partnership involved surveillance, saying Palantir has had no involvement in CCTV, facial recognition or crime prevention, while Palantir says its technology has delivered operational benefits for the retailer.

 

Sydney Morning Herald

Meta has used AI-powered flux analysis to reduce its financial close from seven days to six and is piloting agentic AI across other accounting functions as it works toward continuous close and continuous control monitoring. Chief accounting officer Aaron Anderson said the company is applying existing financial control and risk-assessment frameworks to AI, gradually increasing automation only after systems demonstrate reliable performance, particularly within its SOX-controlled environment. Meta is also addressing data-quality limitations, testing AI agents in areas such as revenue operations, and requiring its roughly 550-person accounting organization to complete AI fluency training. Anderson said AI implementation has required more testing, monitoring, and maintenance than anticipated, while the longer-term shift could require auditors to focus more on validating financial outcomes rather than tracing every step taken by AI systems.

 

CFO

Brazil's Senate has approved a bill to regulate the exploration of critical minerals, including rare earths, positioning the country to exploit its vast reserves, which are second only to China. The legislation establishes a legal framework for rare earths and creates a fund to support mining projects, alongside tax incentives for domestic processing. President Luiz Inácio Lula da Silva underscored the need for Brazil to develop its own industry rather than merely exporting raw materials, saying: “We want Brazil to be the big winner of these riches.” However, environmental concerns have been raised, with the Climate Observatory criticizing the bill for potentially increasing regulatory flexibility without adequate concomitant protections for affected communities.

 

U.S. News

A new report from the U.S. Census Bureau reveals that last year, the global population of people aged 65 and over surpassed the number of children under five for the first time in recorded history, and the global population aged 65 and over will rise from 10.5% in 2025 to 19.6% by 2060. The bureau's August 2026 report, An Aging World: 2025, says this demographic shift is occurring more quickly than expected a decade ago and is creating an unprecedented, increasingly “top-heavy” age structure.

 

Axios

The Nation