U.S. trade court rules against Trump’s 10% tariffs
A U.S. trade court on Thursday ruled that President Trump's latest round of global 10% tariffs are invalid. In a 2-1 decision, a panel of judges...
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
Oil resumed its rally Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, fanning fears that the fragile ceasefire between the...
Trump says he will raise tariff on autos from European Union to 25%
U.S. President Donald Trump said on Friday he would increase tariffs on cars and trucks from the European Union to 25% next week from the previously agreed...
Judge blocks Trump administration from ending deportation protections for 2,800 Yemenis
A federal judge on Friday blocked the Trump administration from revoking legal protections for more than 2,800 Yemeni nationals allowed to temporarily live and work...
Trump flexes executive power with unprecedented flouting of lower court rulings
When a federal judge shot down a Trump administration policy of holding immigrants without bond last December, it seemed like a serious blow to the president’s mass...
The U.S. debt now exceeds the country’s GDP. Should we worry?
America's national debt has surpassed the country's gross domestic product for the first time since World War II, marking a stark increase in the government's...
Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal
Up until the weekend, global markets had been betting on a fragile ceasefire between the U.S. and Iran turning into a longer-term peace deal. But...