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The Supreme Court has not yet ruled on the legality of President Trump's sweeping tariffs, but some companies aren't waiting to try to secure a speedy and substantial payout.
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The oil industry group the American Petroleum Institute has lobbied the Trump administration to repeal the Biden fuel economy standards.
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U.S. Treasury Secretary Scott Bessent on Wednesday expressed confidence that the Supreme Court will rule in favor of the Trump administration's many country-specific tariffs, while also saying administration officials are ready to maintain the levies through other avenues.
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Alex Karp also said he thought President Trump had "performed" on issues he cared about.
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This weeks Bitcoin dip has reversed, but a broader decline in the cryptocurrency ecosystem is hitting the Trumps hard.
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Costco is one of the largest companies to sue for possible refunds if the Supreme Court strikes down the new import duties.
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Michael and Susan Dell are donating $6.25 billion to fund "Trump Accounts" for 25 million U.S. children. The gift would put $250 into each eligible child's account.
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The Trump administration wants to exclude earnings from "pornographic activity" from a new tax break for tips. Will the I.R.S. know it when it sees it?
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The Trump administration said that had the new prices been in effect last year, Medicare would have saved $12 billion, which would have reduced its spending on those drugs by 44 percent.
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