US stocks rise as court ruling weakens Trump’s tariff authority; tech leads rally on Nvidia earnings
Thursday, 29 May 2025 US stock markets surged following a court ruling against Trump's tariff authority, boosting investor confidence. Nvidia's strong earnings further fueled tech gains, leading the Nasdaq's rise. Asian markets also rallied, while a revised estimate revealed a US economic contraction in Q1 2025 due to increased imports ahead of expected tariffs, impacting GDP.
Trump's controversial "Liberation Tariffs" were swiftly restored within 24 hours after a federal court had initially blocked them. The U.S. Court of Appeals temporarily overturned the lower court’s decision, allowing the tariffs to take immediate effect. Trump hailed the reversal as a victory for...
The US Supreme Court handed Donald Trump a major immigration victory on May 30, allowing his administration to revoke the legal status of more than 500,000 migrants from four Caribbean and Latin..
On today’s MeidasTouch Podcast: A federal appeals court has paused a landmark ruling from the U.S. Court of International Trade that had blocked Trump’s unconstitutional tariffs—what’s next in..
News On The Flipside world war 3 is it on its way Germany and the EU sending new missiles to the Ukraine with no range limit ow will Putin react to a attack on Moscow ? Trumps Pole number up every..