The Supreme Court during a rain storm in Washington, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty Images The Supreme Court on Friday ruled that President Donald Trump’s country-specific “reciprocal” tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs. But the ruling doesn’t cover all sectors. The Supreme Court…
The retail industry on Friday said the Supreme Court’s ruling that struck down some of President Donald Trump’s global tariffs would usher in more predictability and flexibility for innovation, freeing up businesses from the burden of higher import costs. “The Supreme Court’s announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling…
President Donald Trump prepares to board Air Force One en route to Florida, at Pope Army Airfield at Fort Bragg, North Carolina, Feb. 13, 2026. Elizabeth Frantz | Reuters President Donald Trump said Friday that he is considering limited military strikes to pressure Iran over its nuclear program. “I guess I can say I am…
The Supreme Court on Friday struck down a huge chunk of President Donald Trump‘s far-reaching tariff agenda, in 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 six to three in a decision Trump had been awaiting….
US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no…
President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 days. “So now we may have to take it a step further, or we may not,” Trump said at the inaugural meeting of his Board of Peace. “Maybe we’re going to make a deal. You’re…
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. speaks, announcing new nutrition policies during a press conference at the Department of Health and Human Services in Washington, D.C., U.S., Jan. 8, 2026. Jonathan Ernst | Reuters Secretary of Health and Human Services Robert F. Kennedy Jr. defended President Donald Trump‘s executive order…
A Chinese flag flutters atop a China customs building, at a terminal of the Yantian port in Shenzhen, Guangdong province, China, Oct. 30, 2025. Tingshu Wang | Reuters The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the…
Walmart said Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street’s expectations as gains in e-commerce, advertising and its third-party marketplace boosted its business. For the full current fiscal year, Walmart said it expects net sales to increase by 3.5% to 4.5% and adjusted earnings per share to…
President Donald Trump stops and talks to the media before he boards Marine One on the South Lawn at the White House in Washington, June 15, 2025. Tasos Katopodis | Getty Images President Donald Trump is escalating his crusade for voter identification requirements after last week’s promise of an executive order to implement such a…
