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.
A major blow to former President Donald Trump’s trade agenda: a U.S. federal trade court has blocked his controversial "Liberation Day" tariffs, ruling that he exceeded his legal authority under..
Like a bad penny, federal Judge Beryll Howell is back again. Howell was recently reversed 6-3 by the Supreme Court in a case of Article II Executive authority, where she summarily decided that..
Federal court halts Trump administration’s deportation flight to South Sudan, igniting a fierce battle over presidential authority and U.S. foreign policy. Secretary of State Marco Rubio warns the..
Thursday, 29 May 2025 ()
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