State AGs sue after Supreme Court decision

U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters New York Attorney General Letitia James and the top prosecutors of 23 other states are planning to once again sue to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision…

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Bessent says 15% this week, IEEPA levels later

President Donald Trump‘s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday. Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties…

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What it means for global shipping

Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images The escalating war in the Middle East has ratcheted up fears of prolonged disruption to global trade via key maritime corridors like…

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PPI January 2026:

Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday. The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate…

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5 takeaways from Trump’s State of Union address

President Donald Trump delivered a nearly two-hour State of the Union address on Tuesday, focusing largely on the economy that he declared was set to boom.  The president delivered the signature annual address as he sees his poll numbers on the economy plummet ahead of the 2026 midterms, which loom less than nine months away….

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