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Trump Rages At Justices, Reveals New Tariffs After Huge Supreme Court Defeat Trump Rages At Justices, Reveals New Tariffs After Huge Supreme Court Defeat
Trump Rages At Justices, Reveals New Tariffs After Huge Supreme Court Defeat President Donald Trump harshly criticized the Supreme Court after it ruled that he exceeded his authority by imposing sweeping tariffs under a national emergency law. Trump blasted the justices during a news conference at the White House on Friday, Feb. 20. His comments came just hours after the Supreme Court ruled that the 1977 International Emergency Economic Powers Act (IEEPA) does not authorize a president to impose tariffs. Calling the 6-3 decision "deeply disappointing," Trump turned his outrage toward the justices who squashed the majority of his widespread tariffs. "I'm a…

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by Chris Spiker
Business
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March Unemployment inched up in March – slightly higher than economists expected – as stock markets crashed and Big Tech companies saw their worst single-day loss on record in response to President Donald Trump's aggressive new tariffs. March's unemployment rate was 4.2%, the Bureau of Labor Statistics said on Friday, April 4. That was slightly higher than the 4.1% forecast as the labor force participation rate also rose, CNBC reported. The US added 228,000 nonfarm payrolls in March, significantly higher than the Dow Jones estimate of around 140,000. The BLS also reduced …

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by Chris Spiker
Business
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario'
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks plummeted on Wall Street and a wave of panic selling swept through global markets reacting to President Donald Trump's widespread "liberation day" tariffs. The tariff announcement sent stocks into their worst tailspin of 2025 so far and dragged the US dollar to a six-month low on Thursday, April 3. Trump unveiled the sweeping 10% tariffs on all imports and far steeper rates for key trade partners on Wednesday, April 2. By 11 a.m., the Dow Jones Industrial Average had plunged about 1,590 points, down 3.77%. The S&P 500 fell 4.35% – or about 247 points – while the Nasdaq …

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by Chris Spiker