Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court
WASHINGTON (AP) — A federal court ruled Thursday against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court. A split three-judge panel of the Court of International Trade in New York found the 10% global tariffs were illegal after small businesses sued. The court ruled 2-1 that Trump overstepped the tariff power that Congress had allowed the president under the law. The tariffs are “invalid″ and ”unauthorized by law,” the majority on...
Read MoreThu, 07 May 2026
- Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court
- Both engines shut off and cockpit struggle came before 2022 China plane crash, NTSB data suggests
- US stocks fall from their records as oil prices yo-yo
- Trump says EU has until July 4 to approve last years trade deal or it will face higher tariffs
- French prosecutors seek charges against Elon Musk and X over child sexual abuse images
- Whirlpool has been rattled by rising costs and that now means higher prices for customers
- FDAs new playbook: Lots of media announcements but not much rulemaking
- McDonalds focus on value lifts first-quarter sales, but company says gas prices could dent demand
- These numbers show the global impact of Irans grip on the Strait of Hormuz
- US jobless claim applications rise to 200,000 but remain historically low despite economic headwinds
- AirAsia bets big on efficiency with order for 150 Airbus A220 jets listed for $19 billion
- Worries about AIs risks to humanity loom over the trial pitting Musk against OpenAIs leaders
- Ted Turners vision of news as global and continuous changed both the industry and society itself
- European fishing firms reflag ships to tap Indian Ocean tuna quotas, report finds
Wed, 06 May 2026
- DoorDash plans to spend more than $50 million on gas price relief for its drivers this spring
- Why gasoline costs 52% more in the US than it did before the Iran war
- Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz
- Venezuela tells UN court that mineral-rich part of Guyana was fraudulently taken in colonial era
- Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds
- Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen
- IRS may owe you a refund for coronavirus-era fines. Heres how to apply
- Disney offsets fewer overseas visitors with streaming and strong spending at theme parks
- Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million
- These are Edmunds top used SUVs under $20,000 for teen drivers
- US rights agency sues New York Times for discriminating against white man passed over for promotion
Tue, 05 May 2026
- FDA announces its first OK of fruit-flavored e-cigarettes for adults in major shift under Trump
- Spirit Airlines has stopped flying. Heres what happens next
- Wall Street rallies to records after oil prices ease and corporate profits keep topping expectations
- Gasoline costs 50% more in the US than it did before the Iran war
- Zelenskyy slams Russias utter cynicism as strikes kill 22 in Ukraine before announced ceasefire
- Man accused of attacking OpenAI CEO Sam Altmans home pleads not guilty to attempted murder
- U.S. job openings were unchanged at 6.9 million in March but hiring improved
- Trumps drugmaker deals may save economy $529B over 10 years, White House says
- Romanias pro-European coalition collapses after prime minister fails no-confidence vote
- An explosion at a fireworks plant in China kills at least 26 people and injures dozens of others
- Armenia hosts a historic European Union summit as the country charts a course away from Russia
- Doris Fisher, Gap co-founder who helped reshape US casual style, dies at 94
- Explosion traps 12 in a Colombian coal mine
Mon, 04 May 2026
- Associated Press global investigation into government surveillance efforts wins Pulitzer Prize
- OpenAI president discloses his stake in the company is worth $30B
- Actors and studios strike a tentative 4-year deal, easing fears of another Hollywood shutdown
- Wall Street falls from its records and oil prices jump after fighting flares in the Middle East
- Roomba pioneer aims to crack the household market again with an AI-powered pet robot
- AP, Washington Post, Reuters and Minnesota Star Tribune among Pulitzer winners for 2025 work
- Argentinas Milei restores press access to presidency after a ban sparks backlash
- Tribes sue to halt exploratory drilling in Black Hills near sacred ceremonial site
- Iran war has put foreign workers in the Gulf at greater risk while raising the cost of going home
- Shares of eBay take off on a $56 billion buyout bid from GameStops Ryan Cohen
Sun, 03 May 2026
- OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz
- Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration
Sat, 02 May 2026
- Spirit Airlines shutdown: What to do to get home and get refunds
- Spirit Airlines built a model the industry copied. Then it collapsed
- Spirit Airlines goes out of business after 34 years, ending operations immediately
- In the PR battle for AI data centers, tech giants got a blue-collar ally
- Crowd shrinks as Berkshire Hathaways new CEO leads the annual meeting for the first time Saturday
- Yemen introduced the world to coffee. Now, its coffeehouse culture is booming in the US
- Trump likes the idea of the government owning some US companies but took a pass on Spirit Airlines
- Fuel crisis uncertainty looms as Croatia gears up for the summer tourism season
- FEMA tells court it is offering jobs back to employees who were let go in January
Fri, 01 May 2026
- Trump says a Spirit bailout still is possible as doubts about the airlines survival mount
- US military reaches deals with 7 tech companies to use their AI on classified systems
- Apple leads Wall Street to more records as oil prices pull back
- Trump says hell place 25% tariff on autos from the EU, accusing it of not complying with trade deal
- Profit for the biggest US oil companies declined in the first quarter, but only on paper
- Habitat for Humanity is developing a new Atlanta community with help from the Carters initiative
- China has now dropped tariffs on imports from every African country except 1
- Bessent wants Americans to avoid easy-money traps and invest in financial literacy
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