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 | Monday, February 3, 2025 | | | Good Morning! On this day in 1913, the 16th Amendment to the Constitution was ratified, creating a federal income tax. It called for a 2% tax on incomes above $4,000, essentially a tax on the wealthiest 1% of that era. Sunday was Groundhog Day, and in case you missed it, Punxsutawney Phil did indeed see his shadow, indicating six more weeks of winter. By all accounts, a record crowd watched happily amid the fireworks and partying, and that's really the goal. Later today, we'll be sending you a special email featuring our partner, American Hartford Gold, offering free financial advice to help safeguard your retirement savings. We hope you find their offer valuable! Today's sponsor is Brad's Deals. Check out the 10 Amazon Prime deals you won't want to miss out on. | | | |  Canada, Mexico Punch Back at U.S. Tariffs
Canada and Mexico are implementing retaliatory tariffs on the U.S. after President Donald Trump enacted tariffs on those two nations, as well as China, on Saturday. Canada will impose a 25% tariff on goods, including beverages, cosmetics, and paper products, beginning Feb. 4, with broader tariffs on the horizon. Mexico said it will retaliate also but didn't offer specifics. Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau spoke by phone Saturday, but it isn't clear whether the two nations will make a coordinated response. Meanwhile, Trump acknowledged on Sunday that Americans could feel "some pain" as a result of the emerging trade wars.
The tariffs on Canada and Mexico are set to go into effect Tuesday morning just after midnight. Here are details on what products could be affected. | Super Bowl Ads Ready to View Super Bowl LIX kicks off next Sunday in New Orleans, and as always, big-budget TV ads will be a major part of the show. Here's a collection of top commercials you can preview ahead of the game. The ads this year include a Billy Crystal-Meg Ryan reunion, Shania Twain in a coffee ad, Matthew McConaughey impersonating former Chicago Bears coach Mike Ditka, and much more. Super Bowl ads this year are running about $8 million per spot, up 88% in the last 10 years and 20,000% since the first Super Bowl in 1967. Between the ads, there's also a football game scheduled to be played between the Kansas City Chiefs and the Philadelphia Eagles. Here are some predictions on that. | List: World Leaders' Approval Ratings A new study shows the approval ratings of 24 world leaders during the first month of the year, and most of the names topping the list won election or re-election in 2024. Here's the ratings chart. India's Narendra Modi got the highest marks with a 75% approval rating, while Mexico's Claudia Sheinbaum and Argentina's Javier Milei nabbed the next two spots at 66% and 65%. President Donald Trump was fifth at 52% approval. Among the bottom 10—those with the highest disapproval ratings—were Britain's Keir Starmer, Canada's Justin Trudeau, Germany's Olaf Scholz, and France's Emmanuel Macron. The rankings are based on data collected by Morning Consult between Jan. 21–27, 2025. | |  | | ➤ The Trump administration placed two high-ranking officials from the U.S. Agency for International Development on leave after they refused to grant access to Elon Musk's DOGE inspection teams. (More) ➤ Ken Martin, chair of Minnesota's Democratic Party, was elected as the next chair of the Democratic National Convention on Saturday after months as the perceived front-runner. (See Details) ➤ The Senate Finance Committee announced it will vote Tuesday on whether to recommend Robert Kennedy Jr. as Secretary of Health, with Sen. Bill Cassidy (R-La.) believed to hold the deciding vote. (More) | | | Flying together with our sponsor 
Once upon a time we had to make lists and physically go to stores when we needed things. Sometimes we'd have to go to several stores or even shopping malls for what we needed. Then one day, out of the heavens, came Amazon. For many of us, free shipping and access to exclusive shows and movies is enough reason to fork over the $14.99 per month to get Prime. But if those reasons haven't been enough to entice you to join Prime, maybe some of these lesser-known incentives will tempt you to sign up. | |  | | ➤ The Dallas Mavericks traded superstar Luka Doncic to the Los Angeles Lakers for Anthony Davis as part of a blockbuster NBA trade involving two top players who are currently inactive due to injury. (More) ➤ LeBron James hit the 2,500th 3-pointer of his career and notched the 10th triple-double of the season in his 31st appearance at Madison Square Garden, boosting the Los Angeles Lakers to a 128-112 win over the New York Knicks. (More) ➤ No. 2 Duke men's basketball dominated UNC 87-70 Saturday to remain undefeated in the ACC. Freshmen Cooper Flagg and Kon Knueppel scored 21 and 22 points, respectively. (Watch Highlights) ➤ Yesterday's results: PGA | LPGA | NBA | NHL | NCAAM | NCAAW | Soccer | |  | | Today's White House section is brought to you by: 
➤ President Trump fired Rohit Chopra, the President Biden-appointed director of the Consumer Financial Protection Bureau. (More) ➤ Meanwhile, Robert Santos, another holdover from the Biden administration, announced his resignation as director of the U.S. Census Bureau midway through his five-year term. (See Details) ➤ Israeli Prime Minister Benjamin Netanyahu is set to meet with President Trump in Washington on Tuesday, with stated plans to discuss "victory over Hamas." (More) Flying together with our sponsor
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- No
- Don't have one
Yesterday's Results: What social media platform do you spend the most time on? - Facebook: 43%
- YouTube: 19%
- Other: 17%
- Instagram: 11%
- LinkedIn: 5%
- TikTok: 5%
| |  Daily Quote |  | "Will there be some pain? Yes, maybe (and maybe not!) But we will make America great again, and it will all be worth the price that must be paid."
— President Donald Trump, posting on Truth Social about the impact of imposing tariffs on Canada, Mexico, and China. | | | |
Today's Trivia 
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