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

Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn’t matched

The gap is widening between rival toy makers Hasbro and Mattel — thanks in part to a 30-year-old trading card game. The toy giants have flip-flopped dominance in the space for decades, jockeying for the most coveted master licenses to put new fan favorites — Disney princesses and “Star Wars” characters among them — on … Read more

Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy

The Supreme Court on Friday struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled 6-3 in the long-awaited decision. The ruling is a massive … 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

Alex Pretti killing: Minnesota CEOs, including UnitedHealth, Target, call for ‘immediate deescalation’

An undated handout image of Alex Pretti, who was fatally shot by U.S. immigration agents as they tried to detain him in Minneapolis, Minnesota, obtained by Reuters on Jan. 25, 2026. U.S. Department Of Veterans Affairs | Via Reuters Major Minnesota business leaders on Sunday called for an “immediate deescalation of tensions” after federal immigration … 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

Amazon faces ‘leader’s dilemma’ — fight AI shopping bots or join them

Thos Robinson | Getty Images Amazon CEO Andy Jassy could see how dramatically artificial intelligence was altering e-commerce. In June, he told employees that AI agents will start to infiltrate aspects of everyday life, “from shopping to travel to daily chores and tasks.” Four months later, Jassy said on an earnings call that Amazon expects to partner with third-party agents, and has … Read more