Donald Trump
Trump says he’s considering limited military strike against Iran
President Donald Trump prepares to board Air Force One en route to Florida, at Pope Army Airfield at Fort Bragg, North Carolina, Feb. 13, 2026. Elizabeth Frantz | Reuters President Donald Trump said Friday that he is considering limited military strikes to pressure Iran over its nuclear program. “I guess I can say I am […]
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Retail industry says Trump tariff reversal will bring predictability, flexibility for innovation
The retail industry on Friday said the Supreme Court’s ruling that struck down some of President Donald Trump’s global tariffs would usher in more predictability and flexibility for innovation, freeing up businesses from the burden of higher import costs. “The Supreme Court’s announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling […]
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Supreme Court tariff case winner Learning Resources ‘on the right side of history,’ CEO says
Rick Woldenberg, chief executive officer of Learning Resources, arrives at the US Supreme Court in Washington, DC, US, on Wednesday, Nov. 5, 2025. I Eric Lee | Bloomberg | Getty Images The CEO of Learning Resources said Friday that “we’re excited to stand on the right side of history here” after the Supreme Court ruled […]
Read MoreU.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’
Canada’s Prime Minister Mark Carney poses for a family photo with German Chancellor Friedrich Merz, Australian Prime Minister Anthony Albanese, Mexican President Claudia Sheinbaum, France’s President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy, Brazil’s President Luiz Inacio Lula da Silva, Italy’s Prime Minister Giorgia Meloni, European Council President Antonio Costa, U.S. Treasury Secretary Scott Bessent, World […]
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Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by […]
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Trump previewed weak GDP on Truth Social ahead of official data release
U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. Chip Somodevilla | Getty Images Forty minutes before the federal government revealed that economic growth slowed sharply in the last quarter, President Donald Trump dropped a hint that the incoming data would be weaker. “The Democrat Shutdown cost […]
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Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy
The Supreme Court on Friday struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, in a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled six to three in a decision Trump had been awaiting. […]
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PCE data, Amazon dethrones Walmart, Silicon Valley’s ‘vanlords’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. I’ve spent the last 24 hours going back and forth on whether I need to hop on the “dad shoe” trend. Stock futures are little changed this morning. The major indexes are coming off a down day. Here are five […]
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Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department, […]
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Trump could attack Iran in days — what’s at stake for the oil market
A full-blown war between the United States and Iran could, in a worst-case scenario, send oil prices soaring and cause an economic downturn. With a massive U.S. military buildup underway in the Middle East, President Donald Trump signaled Thursday that he will decide in the next 10 days whether to launch strikes against Iran. “This […]
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