The Supreme Court shook up the US trade landscape on Friday when it struck down the centerpiece of President Trump’s second-term tariff agenda, ruling 6-3 that his blanket tariffs were illegal. The ruling came just over a year into Trump’s second term and after skeptical questions from key justices during oral arguments last November. It … Read more
The US Supreme Court is preparing to rule on President Trump’s tariffs, with a potential ruling as early as Friday. The court is to decide whether the president acted legally or exceeded his power. The court heard arguments last year on whether Trump exceeded his authority under the International Economic Emergency Act (IEEPA) when he … Read more
President Trump said Wednesday that almost all governors are welcome to the White House for an official meeting and dinner next week, although the Democratic governors of Maryland and Colorado are still excluded. The White House was initially to exclude Democratic governors at a formal, usually bipartisan, business meeting on February 20 during the annual … Read more
NEW YORK (AP) — A year after the Trump administration took control of the Consumer Financial Protection Bureau, the consumer watchdog has largely pulled back from enforcement and regulatory work, changes that consumer advocates and Democrats now estimate have cost Americans at least $19 billion in financial relief. In a report provided to The Associated … Read more
The S&P 500 (SNPINDEX: ^GSPC) has essentially traded sideways in 2026, but history says the benchmark could fall sharply in the coming months. Several recent studies show that President Trump’s tariffs are taking money away from American businesses and consumers, and the S&P 500 just issued a warning last seen during the October 2000 dot-com … Read more
Welcome to Black History Month, 2026 style. President Trump posted a video on his social media site Thursday that features animated images depicting former President Obama and first lady Michelle Obama as monkeys. The White House canceled the post on Friday, and after calling it more than a meme, they called it a mistake by … Read more
President Trump has said he wants to create what he calls a national missile system “The Golden Dome for America”, to protect the US from foreign threats. But the plans are far from coming to fruition and would come with a heavy price tag. But China has already done it criticized the plan as a … Read more
A growing number of lawmakers are calling for the 25th Amendment to impeach President Trump after Trump told Norway’s prime minister that his position on buying Greenland was tied to not winning the Nobel Peace Prize and that he no longer felt compelled to “think only about peace.” The remarkable exchange took place on January … Read more
Stock markets went into a global sell-off this morning as world leaders in Davos awoke to news that US President Trump had written to Norway’s prime minister to say his repeated threats to take over Greenland were based on his failure to win the Nobel Peace Prize. “Given that your Country has decided not to … Read more
Mortgage rates have moved within 11 basis points of their 2025 low since late October. However, President Trump’s push for government mortgage originators Fannie Mae and Freddie Mac to buy $200 billion worth of mortgage bonds could be the boost mortgage rates need to finally fall below 6 percent. The national 30-year fixed mortgage average … Read more