FedEx sues for refund of Trump tariffs, days after Supreme Court ruling

A worker unloads packages from a FedEx truck on Cyber Monday in New York, US, on Monday, Dec. 1, 2025. Bess Adler | Bloomberg | Getty Images Federal Express on Monday sued the U.S. government, seeking a “full refund” of the money the shipping giant paid for tariffs unilaterally imposed last year by President Donald … Read more

Five key takeaways from the Supreme Court’s landmark decision against Trump’s tariffs

U.S. President Donald Trump gestures as he speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. Kevin Lamarque | Reuters The Supreme Court’s decision Friday to throw out a large number of tariffs … Read more

Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs

E-commerce stocks that were exposed to President Donald Trump’s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which … Read more

What a Supreme Court tariff ruling may mean for your money

The Supreme Court in Washington, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images The Supreme Court may decide the fate of President Donald Trump’s tariff agenda as soon as Friday — and the ruling has implications for consumers’ wallets, according to economists. If the high court were to rule that certain tariffs are … Read more

As Walmart and Target head in different directions, all eyes are on their new CEOs

Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. … Read more

Earnings, jobs loom large in the week ahead for a discerning market. Here’s what’s coming up

More Magnificent Seven earnings are coming next week, helping to decide the direction of a stock market that’s becoming more discerning, while the latest data on the labor market will cast light on the state of the economy. Alphabet and Amazon are the next big technology companies in line to have their income statements scrutinized, … Read more

Big winter storm to hit first quarter GDP. But it may give a boost to Costco and other stocks

This weekend’s winter storm continues to affect much of the U.S., and could even have a material impact on gross domestic product — but there are some companies that are likely to be beneficiaries. The storm is continuing to make its presence felt on Monday, with wind and below-freezing temperatures lingering even after much of … Read more

Jim Cramer says don’t trade Apple and Nvidia as money rotates into overlooked stocks ahead of earnings season

CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it … Read more

Amazon plans first big-box retail store in Chicago suburb

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images Amazon has submitted plans for a large-format store near Chicago that would be larger than a Walmart Supercenter, marking the latest experiment with physical retail for the tech company. As part of the plans, Amazon has proposed building a one-story, 229,000-square-foot building in Orland … Read more

Here are 5 key events that drove the stock market last week

Stocks finished higher Friday, lifted by the volatile artificial intelligence trade, leading the market to the upside for the week. The S & P 500 eked out a 0.1% weekly gain, while the Nasdaq gained 0.5%. While logging three positive weeks in the past four, the indexes were still modestly lower for the seasonally strong … Read more