FedEx joins other companies in seeking refund after Trump tariffs ruled illegal
The Treasury had collected more than $133 billion from the import taxes the president has imposed under the emergency powers law as of December, federal data shows.
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Supreme Court rules the Postal Service can’t be sued, even when mail is intentionally not delivered
Justice Clarence Thomas, writing for a majority, said the federal law that generally shields the Postal Service from lawsuits over missing, lost and undelivered mail includes “the intentional nondelivery of mail.”
Consumer confidence improves after sinking the previous month
The measure of Americans’ short-term expectations for their income, business conditions and the job market rose four points, to 72.
Huge snowstorm forces millions to stay home, disrupts flights, closes schools
More than 5,700 flights in and out of the United States were canceled Monday, and a further 2,000 flights scheduled for Tuesday were already grounded.
Fed’s Waller says rate cut in March is ‘coin flip’ following strong US jobs report
Federal Reserve governor Christopher Waller also said that the Supreme Court’s decision to strike down many of Trump’s tariffs would likely have only a limited impact on the economy and inflation, and therefore wouldn’t affect his view on rates.
Winter storm leads to thousands of US flight cancellations
As of around 10 a.m., more than 5,500 flights in or out of the U.S. were canceled, according to online tracker FlightAware. Hundreds of others were delayed.
After Supreme Court strikes down Trump’s tariffs, companies look for refunds
What’s going to happen to the money the government has already collected in import taxes that have been declared unlawful? The way forward could prove chaotic.
ICE begins to purchase warehouses, but some owners are backing out of deals
At least 20 communities with large warehouses across the United States have become stealth targets for Immigration and Customs Enforcement’s $45 billion expansion of detention centers.
UPDATE: TSA says PreCheck still operational after previous announcement of suspension during funding fight
However, the agency says it has suspended airport police escorts for members of Congress as the White House negotiates with Democrats over funding for the Department of Homeland Security.
President Trump said he’ll up tariff rate to 15% after Supreme Court decision
The plan — which the president announced on social media — is higher than the 10% rate he imposed immediately after the high court struck down his earlier tariffs.
US economic growth weaker than thought in 4th quarter with government shutdown, consumer pullback
The figures point to a more modest pace of growth in the coming quarters, as consumers take on more debt and cut back on saving to maintain their spending.
Supreme Court strikes down Trump’s sweeping tariffs, upending central plank of economic agenda
The decision centers on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs he levied on nearly every other country.
As the US population ages, more employees seeking caregiver benefits at work
More than 63 million Americans provide care for an adult family member, and most of them have regular paid jobs as well.
March Madness could expand, but talks won’t happen until after tournaments
NCAA President Charlie Baker reaffirmed his support for expanding March Madness from 68 teams — the current size of the men’s tournament since 2011 and the women’s tourney since 2022.
US trade deficit declined in 2025, but gap for some goods hits record despite tariffs
American companies boosted imports of computer chips and other tech goods from Taiwan to support massive investments in artificial intelligence.
FDA to drop two-study requirement for new drug approvals, aiming to speed access
The FDA officials predicted the shift would lead to “a surge in drug development.”
Trump administration backs operators as states move to ban prediction markets
Polymarket and Kalshi and other prediction markets allow participants to buy and sell contracts tied to the probable outcome of an event, but most of their business involves betting on sports.
Bayer agrees to $7.2B proposed settlement over thousands of Roundup cancer lawsuits
The company has warned that mounting legal costs are threatening its ability to continue selling the product in U.S. agricultural markets.
Warner Bros reopens takeover talks with Paramount after receiving waiver from Netflix
in the meantime, Warner’s board is still recommending shareholder support of its proposed $83 billion merger with Netflix.
Shein faces EU investigation over illegal products, addictive design features
The 27-nation bloc’s executive arm said Tuesday that it opened a formal investigation into the online retailer, which has major distribution operations in central Indiana.