US futures are lower as bond market pressure will have investors eyeing an annual meeting of top U.S. economic officials at Jackson Hole, Wyoming later in the week.

The future for the S&P 500 was down 0.2%. On Friday, the S&P 500 rose 0.4% for just its second gain in the six days since setting its all-time high last week. Dow Jones Industrial Average futures fell 0.1%, while Nasdaq futures slipped 0.7%.

Mark Carney drew international attention as Canada's prime minister by warning that middle powers must resist economic coercion by more powerful countries. Now President Donald Trump is putting that warning to the test with sweeping new tariffs that could show how much economic pain Canada can absorb.

Tensions escalated late Friday when Canada walked away from negotiations after Carney concluded the United States was demanding too much in exchange for tariff relief. The U.S. imposed 50% duties Saturday on about $20 billion worth of Canadian goods, and Carney announced dollar-for-dollar retaliation beginning Sept. 8.

Iran’s Foreign Ministry spokesperson on Monday warned that Tehran would respond harshly to expanded U.S. sanctions, including measures against countries it sees as cooperating with Washington.

“Any escalation of this situation will undoubtedly bring about consequences,” Esmail Baghaei said. “Our hands are not tied.”

Computer programmer Fei Zhaojun's boss asked him if artificial intelligence could soon replace humans in coding jobs. Two weeks later, he was laid off from his job in Beijing, together with about 160 of his colleagues.

It's an increasingly common scenario as artificial intelligence, supported by government policies, reshapes China's massive job market. Some economists believe that might eventually undermine the overall strength of the world's second largest economy.

Iran's currency hit a record low Monday as Washington prepared to announce new sanctions it said would be an "economic D-Day" and would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.

The rial dropped to 2.02 million to the U.S. dollar as trading opened on informal currency markets. Iran's official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.

The World Bank has projected that Lebanon's economy would contract by 6.4 percent this year, as the latest Israel-Hezbollah war derailed the country's efforts at recovery.

The United States has demanded that Cuba open up to private investment, and Cuba has passed sweeping reforms to encourage just that. So Cuba's U.N. ambassador says he wants to know why Washington keeps piling on sanctions that stymie the very economic opening it has sought for decades.

Ambassador Ernesto Soberón Guzmán, in an interview this week with The Associated Press, directed his question to U.S. Secretary of State Marco Rubio, the main architect of the Trump administration's Cuba policy:

Tehran's grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those with jobs are working more hours for money worth half as much as a year ago, putting food, medicine and everything else — except for heavily subsidized gasoline — further out of reach.

"We have virtually given up on many things," said Ahmad Karimi, 52, a taxi driver and father of two who has been working 15-hour days to make ends meet. "We're cutting out fruit, we're cutting out protein, we've given up leisure, we even work on weekends."

A summer of extreme heat has left many Tunisians short of water and electricity — and full of anger at the country's leadership. Protesters rallied in the capital Tunis on Thursday, many calling on President Kais Saied to leave power.

Mobilized by a new opposition collective, the demonstrators pleaded for improvements to basic utility services and an end to medicine shortages, rising living costs and restrictions on freedoms. Some denounced what they described as the president's failure to meet the people's demands since he was elected seven years ago.

The world is increasingly turning to Brazil to explore for rare earth minerals that are crucial for technology and renewable energy. The country's large reserves are second only to China and have attracted investors, many of them with foreign support.

An analysis by The Associated Press and Reporter Brasil of all National Mining Agency records through June shows that rare earth exploration applications have surged, with more than 86% filed in the past three years, including 268 in the first half of 2026.