Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce and President Donald Trump's shorter deadline for Russia to end the Ukraine war.

"We still believe the most likely outcome is slow growth and firm inflation: Not a recession, but a backdrop where the adverse effects of trade and immigration controls on growth outweigh the boost from deregulation and fiscal largesse," Morgan Stanley strategist Michael Zezas wrote.

Prime Minister Mark Carney said his government is still deep in trade talks with the Trump administration, despite recent comments from the US president that suggested a deal with Canada wasn’t a priority.

US stocks were mixed Monday and the S&P 500 eked out a record high for the sixth day in a row as investors digested the announcement of a trade deal between Washington and Brussels.

The 2025 MLB trade deadline is Thursday at 6 p.m. ET. If last year is anything to judge by, Wednesday and Thursday are going to be chaotic, with several teams making last-minute decisions on whether to be buyers, sellers or some hybrid combination of the two.

ROME (Reuters) -Italy's Prime Minister Giorgia Meloni welcomed the fact that a trade deal has been reached between the European Union and the United States but said that she would be seeking more details. Washington struck a framework trade deal with the EU imposing a 15% import tariff on most EU goods.

There is said to be no consistency around the table. Trump’s team swerves to a new topic every time the two sides meet — from wanting bigger U.S. banks to have a visible presence in Canada, to griping about the border and dairy quotas, a senior government official said.

A top Red Sox podcast asks "Who says no?" to a trade that would surrender a highly anticipated prospect to solve Boston's first base problem.