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
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
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
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
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by … Read more
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
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
Federal Reserve Chair Jerome Powell ‘s legacy at the helm of the central bank will gain greater attention in the coming weeks, as the central bank’s dual mandate of maximum employment and stable prices appear to be in better balance. The Fed’s latest meeting minutes set to release in the week ahead will be one … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 11, 2026. Brendan McDermid | Reuters The S&P 500 fell on Thursday as investors continued to shift away from technology names toward those more poised to benefit from a growing U.S. economy. The broad market index dropped … Read more
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 15, 2025. Brendan McDermid | Reuters Stocks fell Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, an apparent escalation by President Donald Trump in his attempt to pressure the central … Read more