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…
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 Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Walmart is expected to report its fiscal fourth-quarter earnings on Thursday morning as the retail giant and its new CEO chase a future fueled more by digital businesses and artificial intelligence. Here’s what Wall Street analysts surveyed by LSEG…
White House economic advisor Kevin Hassett said Wednesday that the authors of a recent New York Federal Reserve paper that found U.S. companies and consumers are shouldering most of the tariff burden should be “disciplined.” In a CNBC interview, the National Economic Council director ripped the report, saying that central bank researchers ignored key aspects…
Close up image of a tablet screen displaying a portrait of Jeffrey Epstein beside the official U.S. Department of Justice website page titled Epstein Library in Washington District of Columbia United States on February 11, 2026. Veronique Tournier | Afp | Getty Images The recent release by the Department of Justice of millions of pages…
The TikTok Inc. sign in front of the building on Tuesday, Jan. 27, 2026 in Culver City, CA. Kayla Bartkowski | Los Angeles Times | Getty Images TikTok’s U.S. joint venture seems to have survived a turbulent rollout with minimal change in usership, as early narratives of a mass user exodus prompted by service outages…
It was a tale of two markets last week: Industrials surged while financial and tech names buckled under the growing weight of artificial intelligence fears. A mixed bag of economic data complicated matters further. Although the S & P 500 bounced slightly Friday following an inflation print that bolstered the future case for lower interest…
The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease. The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month, the Bureau of…
Customers shop at Walmart in Little Rock, Arkansas, Jan. 22, 2026. Will Newton | Getty Images Investors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation. The consumer price index, a broad measure of goods and services costs across the U.S….
Sen. Mark Kelly, D-Ariz., at left, and Defense Secretary Pete Hegseth. Reuters A federal judge on Thursday enjoined Defense Secretary Pete Hegseth from censuring Sen. Mark Kelly over that Arizona Democrat’s participation in a video reminding American military service members they have a right to refuse illegal orders. Judge Rich Leon’s order in U.S. District…