Court Hearing Highlights $10 Billion Dispute Over Tariff Refunds After Supreme Court Ruling
A federal judge urged the government to drop its appeal in a $10 billion tariff refund case, stressing that delays hinder importers’ recovery of funds.
Latest news
Trade & Tariffs
Markets & Macro
Trump Links Inflation Rise to Iran Conflict Amid Rising Energy Costs
Donald Trump attributed the recent surge in U.S. inflation to ongoing conflict with Iran, claiming U.S. strikes on Iranian oil shipments have driven up energy prices.
Corporate Power
AI Stock Sell-Off Triggers Wall Street’s First Consecutive Losses in Weeks
A sharp sell-off in artificial intelligence stocks pushed major U.S. indexes lower, marking Wall Street’s first back-to-back declines in several weeks amid growing investor concerns.
Trade & Tariffs
Modi and Trump Expected to Meet at G7 as Trade and Visa Talks Intensify
Narendra Modi and Donald Trump are set to meet during the G7 summit, focusing on advancing trade talks, resolving visa issues, and strengthening energy cooperation amid ongoing tensions.
Markets & Macro
Wall Street Leads NYC’s Finance Job Growth Amid Expanding Tech Sector
Since 2019, New York City has added significantly more finance jobs than other major U.S. cities, while its tech workforce grows younger and gains economic influence.
AI & Tech Regulation
DOJ Halts ‘Anti-Weaponization’ Fund but Legal Battles Continue in Federal Court
Despite the Department of Justice’s public withdrawal from the disputed fund, federal courts remain engaged in ongoing lawsuits challenging its legality and potential misuse.
Energy & Climate
Climate-Driven Storm Wipes Out 7% of Critically Endangered Tapanuli Orangutans in Sumatra
A single intense storm linked to climate change destroyed thousands of hectares in Sumatra’s Batang Toru forest, killing an estimated 58 Tapanuli orangutans—about 7% of their wild population.
Crypto & Fintech
Strategy Inc. CEO Frames Recent Bitcoin Sale as Tactical Move, Not a Shift in Strategy
Strategy Inc. clarified that its recent Bitcoin sale aimed to test operational readiness and maintain flexibility, countering claims it abandoned its long-term holding approach.
Corporate Power
Blockchain.com Unveils 24/7 Institutional Perpetual Trading Including SpaceX Pre-IPO Contracts
Blockchain.com launches nonstop perpetual trading for institutions, enabling around-the-clock access to stocks, commodities, forex, and a SpaceX-linked pre-IPO contract.
Trade & Tariffs
Six Countries Coordinate Sanctions over Israeli Settler Violence, France Bans Finance Minister Smotrich
France, alongside five other nations, has imposed new sanctions including travel bans and asset freezes targeting Israeli extremist settler groups and leaders amid escalating West Bank violence.