Trump announces new 10% global tariff after raging over Supreme Court loss
President Donald Trump spoke hours after the Supreme Court ruled against his global tariffs that he imposed without Congress.

President Donald Trump spoke hours after the Supreme Court ruled against his global tariffs that he imposed without Congress.
The oil market's biggest fear is that a conflict between the U.S. and Iran could lead to a prolonged disruption of oil flows through the Strait of Hormuz.
Tech and world leaders flocked to New Delhi for the India AI Impact Summit
Hasbro's secret weapon has been its Wizards of the Coast division, which includes Dungeons & Dragons, Magic: The Gathering and the company's digital games.
OpenAI told investors it's targeting roughly $600 billion in total compute spend by 2030, trying to clarify its plans after touting a $1.4 trillion figure.
Clothing and footwear were among the imports most vulnerable to Trump's tariffs, which imposed steep rates on countries such as China and Vietnam.
Phil Spencer is retiring from Microsoft after joining the software company 38 years ago, and will be replaced by Instacart's former COO.
Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value.
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.
Trump has revealed economic data before its official release on multiple occasions, raising questions about possible policy violations
President Donald Trump's tariff agenda took a blow Friday, prompting celebration from Democrats who have opposed his unilateral tariffs.
Families have signed up about 3 million kids for Trump accounts, Treasury Secretary Scott Bessent said Friday.
The U.S. Supreme Court voted 6-3 to strike down large parts of President Trump's tariff policies Friday.
Harvey Spevak, Equinox's executive chairman, said demand for "Optimize" memberships highlights the "insatiable" demand by the wealthy for wellness offerings.
Across California, the number of people living in vehicles has surged in recent years due to soaring rents.
President Donald Trump's tariffs have cost the iPhone-maker about $1 billion each quarter.
Child-safety advocacy coalition ParentsSOS urged the National PTA to end other Big Tech partnerships due to safety and well-being concerns.
It's another big week of earnings, including the market's most important stock.
Software stocks have been in sell-off mode in recent weeks on fears that new AI tools will uproot their longstanding business models.
President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
The average IRS tax refund is up 14.2%, according to early filing data. Here's what filers can expect this season.
Around 7.9 million student loan borrowers entered delinquency in the first three quarters of 2025 alone, according to a new report by The Century Foundation.
Auto industry experts anticipate that some Americans could use higher tax returns to finally purchase a new or used vehicle.
Higher import costs is the latest blow to the furniture industry, which had been buckling under interest rates and a sluggish housing market well before tariffs.