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The Supreme Court's ruling on the president's tariffs has jolted Washington and the business world. Here's what to watch next.
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Even after the Supreme Court invalidated many of the president's levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.
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Shares of asset managers fell due to worries over a private-credit fund managed by Blue Owl Capital, triggering broader anxiety about spillover effects.
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Where Did the Money Go? US Edges Closer to Fiscal Cliff Daily KosNew CBO report shows national debt spiraling into uncharted territory by 2035—and Trump's tariff defeat will make the picture even worse FortuneWhy the Federal Deficit Is Projected to Surge, in Five Charts The Wall Street JournalThe Court Ruled. Now the CBO Needs to Update Its Revenue Projections National Review
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President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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The Federal Reserve's preferred inflation gauge showed that prices rose close to 3% in 2025, leaving the central bank with more work to do to get cost-of-living increases back down to prepandemic lows.
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‘There has never been a better time to be a crook'
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