If the Supreme Court upholds the ruling, President Donald Trump would lose some, but not all, of his broad tariff…
Tag: Source : CNBC
Here’s what it really means for Trump to get control of the Federal Reserve board
Since taking office in January, Trump has placed the Fed directly in the crosshairs of executive power. ...
Most Trump tariffs ruled illegal by appeals court, dealing major blow to trade policy
The appeals court stayed its ruling until Oct. 14, giving the Trump administration time to ask the Supreme Court to…
Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe
The de minimis exemption, an obscure trade law provision, came to an end globally on Friday, setting off a panic…
Core inflation rose to 2.9% in July, highest since February
The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%. ...
U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought
Consumer spending helped push the number higher, rising by 1.6% compared to an initial 1.4% estimate. ...
Trump White House pressures Fed Governor Lisa Cook to go on leave as lawsuit looms
The comments from Kevin Hassett, President Donald Trump's top economic advisor, come amid a brewing legal battle between Cook and…
Cracker Barrel shares rise after restaurant chain gets rid of controversial new logo
Shares of Cracker Barrel rose 4% after the restaurant said it would scrap its new logo, amid criticism from social…
Lisa Cook will sue over Trump firing from Fed board, her lawyer says
President Trump pointed to allegations of mortgage fraud by Lisa Cook in saying she was fired as a governor of…
Trump’s Cook firing will likely end up in the Supreme Court’s hands
Trump is the first president to attempt to fire a Fed governor since Congress established the central bank in 1913,…
Musk companies sue Apple, OpenAI alleging anticompetitive scheme
Two of Elon Musk's companies sued Apple and OpenAI on Monday, accusing the pair of an "anticompetitive scheme" to thwart…
Intel says Trump deal has risks for shareholders, international sales
President Donald Trump called the agreement "a great Deal for America" and said the building of advanced chips "is fundamental…