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Trump White House prepares tariff fallback ahead of court ruling

President Donald Trump’s administration is working behind the scenes on fallback options if the Supreme Court strikes down one of his major tariff authorities, looking to replace the levies as quickly as possible. Both the Commerce Department and the Office of the US Trade Representative have studied Plan B options if the court rules against … Read more

Supreme Court blocks ruling that Texas redistricting map likely discriminates on race

The U.S. Supreme Court on Friday temporarily blocked a lower court ruling that found Texas’ 2026 congressional redistricting plan pushed by President Donald Trump likely discriminates on the basis of race. The order signed by Justice Samuel Alito will remain in place at least for the next few days while the court considers whether to allow the new map … Read more

Trump administration appeals ruling to fully fund SNAP program

NEWYou can now listen to Fox News articles! The Trump administration on Friday asked a federal appeals court to block, for now, a lower court’s decision that would require it to fully fund the nation’s Supplemental Nutrition Assistance Program (SNAP) food aid program by the end of the day.  Lawyers for the Justice Department asked … Read more

Even a Supreme Court ruling might not spell the end of tariffs

The US Supreme Court in Washington, DC, US, on Monday, Oct. 6, 2025. Graeme Sloan | Bloomberg | Getty Images The U.S. Supreme Court on Wednesday heard a case on the Trump administration’s “reciprocal” tariffs, and both liberal and conservative judges appeared skeptical of the legal basis of those tariffs. Following the hearing, traders on … Read more

HSBC to recognize $1.1 billion in provision after court ruling in Madoff case

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results following a court ruling in Luxembourg related to the Bernard Madoff … Read more

Takaichi’s bid for Japan’s premiership jolted as Komeito quits ruling coalition, NHK reports

Sanae Takaichi, the newly elected leader of Japan’s ruling party, the Liberal Democratic Party (LDP), attends a press conference after the LDP presidential election in Tokyo on Saturday, Oct. 4, 2025. Yuichi Yamazaki | Pool Photo via AP Japan’s Komeito political party is reportedly quitting the country’s ruling coalition led by the Liberal Democratic Party, … Read more

X says will fight Indian court ruling on content takedown system

Social network X on Monday said it would appeal an Indian court ruling that upheld a content takedown system, calling the government-run operation “secretive” and claiming it “has no basis in the law.” The platform said last week’s decision by the Karnataka High Court lets police issue “arbitrary” content removal orders through the online portal, … Read more

Polymarket CEO confirms readiness to launch in US after CFTC event contract ruling

Key Takeaways Polymarket is set to launch US operations after the CFTC issued a no-action letter regarding event contracts. The company’s $112 million acquisition of QCEX’s holding company establishes Polymarket US and Polymarket Clearing for regulated prediction contract trading. Share this article Polymarket CEO Shayne Coplan said the Commodity Futures Trading Commission’s (CFTC) recent no-action … Read more

Federal appeals court tariff ruling signals CFOs to ‘plan for turbulence’

Good morning. A federal appeals court ruled on Aug. 29 that most of the Trump administration’s tariffs on global trading partners are illegal. That means yet another uptick in tariff uncertainty for businesses. “While the court’s decision introduces fresh uncertainty, tariffs are likely to remain in place for at least a month until a final … Read more

Tariff uncertainty intensifies with the U.S. court’s ruling

Cargo containers are stacked at the Jakarta International Container Terminal in Tanjung Priok Port, Jakarta, on August 7, 2025, as the United States begins enforcing a new 19 percent tariff on Indonesian imports. Yasuyoshi Chiba | Afp | Getty Images As if the ever-changing trade mandates from U.S. President Donald Trump weren’t hard enough for … Read more

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