#fiscalpolicy
Supreme Court delays ruling on Trump-era tariffs, leaving markets in limbo
The Supreme Court did not issue a decision Friday on the legality of broad tariffs imposed during President Donald Trump’s administration, extending uncertainty for financial markets and trade policy observers who have been closely watching the case for its potential economic and fiscal implications. Expectations had grown that the ruling might be released before the end of the week, but the court issued only a single opinion on Friday, unrelated to tariffs or trade authority. The
Supreme Court delays ruling on Trump-era tariffs, leaving markets in limbo
The Supreme Court did not issue a decision Friday on the legality of broad tariffs imposed during President Donald Trump’s administration, extending uncertainty for financial markets and trade policy observers who have been closely watching the case for its potential economic and fiscal implications. Expectations had grown that the ruling might be released before the end of the week, but the court issued only a single opinion on Friday, unrelated to tariffs or trade authority. The
Senate approves Trump’s $9B rescissions plan, cuts funding for public broadcasting
The Senate, led by Republicans, passed a sweeping package of federal spending cuts on Thursday morning following a lengthy and contentious debate. The legislation, formally known as a rescissions package, was originally requested by President Donald Trump and seeks to cancel $9 billion in previously approved funding. Notably, the cuts include allocations for foreign aid programs and the Corporation for Public Broadcasting, which supports radio and television services nationwide. The measure p
Senate approves Trump’s $9B rescissions plan, cuts funding for public broadcasting
The Senate, led by Republicans, passed a sweeping package of federal spending cuts on Thursday morning following a lengthy and contentious debate. The legislation, formally known as a rescissions package, was originally requested by President Donald Trump and seeks to cancel $9 billion in previously approved funding. Notably, the cuts include allocations for foreign aid programs and the Corporation for Public Broadcasting, which supports radio and television services nationwide. The measure p
US dollar falls to record lows in 2025 as global confidence erodes
The US dollar is undergoing an unprecedented decline in 2025, losing its long-held status as the world's most reliable safe-haven currency. The steep fall is being driven by investor panic over erratic and unfunded economic policies, ballooning national debt, and an erosion of confidence in the country's financial institutions. As a result, global markets are experiencing turbulence not seen since the 2008 financial crisis. At the heart of the crisis are a series of unpred
US dollar falls to record lows in 2025 as global confidence erodes
The US dollar is undergoing an unprecedented decline in 2025, losing its long-held status as the world's most reliable safe-haven currency. The steep fall is being driven by investor panic over erratic and unfunded economic policies, ballooning national debt, and an erosion of confidence in the country's financial institutions. As a result, global markets are experiencing turbulence not seen since the 2008 financial crisis. At the heart of the crisis are a series of unpred
U.S. credit downgrade challenges momentum from recent market gains
U.S. equities concluded last week with impressive gains, buoyed by a 90-day tariff truce between the United States and China. Technology stocks led the way, with major players such as Tesla and Nvidia delivering standout performances. The agreement to pause tariff increases sparked short-term optimism across markets, especially in the tech-heavy sectors. However, this momentum now faces a fresh challenge following a downgrade of the U.S. credit rating. Moody’s lowered the na
U.S. credit downgrade challenges momentum from recent market gains
U.S. equities concluded last week with impressive gains, buoyed by a 90-day tariff truce between the United States and China. Technology stocks led the way, with major players such as Tesla and Nvidia delivering standout performances. The agreement to pause tariff increases sparked short-term optimism across markets, especially in the tech-heavy sectors. However, this momentum now faces a fresh challenge following a downgrade of the U.S. credit rating. Moody’s lowered the na









