With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates

With Trump’s ‘reciprocal’ tariffs struck down, here are the industries still facing higher rates

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…

Read More
Small furniture retailers face existential tariff threat, despite Supreme Court ruling

Small furniture retailers face existential tariff threat, despite Supreme Court ruling

A worker walks through rows of American-made furniture at Warehouse Showrooms Furniture in Alexandria, Virginia, US. President Donald Trump’s sweeping new tariffs officially took hold Thursday, as he barrels forward with his turbulent push to reshape global trade. Bloomberg | Bloomberg | Getty Images The Supreme Court struck down President Donald Trump’s so-called “reciprocal tariffs”…

Read More
Stocks making the biggest moves midday: Wingstop, Moody's, Madison Square Garden Sports & more

Stocks making the biggest moves midday: Wingstop, Moody’s, Madison Square Garden Sports & more

Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single-digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming in…

Read More
Hassett says authors of New York Fed tariff study should be disciplined: 'Worst paper I've ever seen'

Hassett says authors of New York Fed tariff study should be disciplined: ‘Worst paper I’ve ever seen’

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…

Read More
52 reforms in 52 weeks: Ashwini Vaishnaw outlines massive railway overhaul for 2026

52 reforms in 52 weeks: Ashwini Vaishnaw outlines massive railway overhaul for 2026

Indian Railways has reached a global milestone in freight operations, securing its position as a premier international logistics hub. Union Minister for Railways, Ashwini Vaishnaw, announced today that the national carrier has achieved an unprecedented scale in its logistics division. Highlighting this achievement, the Minister stated, “Indian Railways has become the second-largest cargo carrier in…

Read More