The Supreme Court will hear a major tariff case that could impact the $88 billion in revenue collected by the Trump administration under IEEPA, which could be subject to refunds.
President Donald Trump calls Supreme Court tariff case "life or death" for America as justices prepare to hear arguments on presidential trade authority Wednesday.
Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his call for Fed cuts to lower mortgage rates.
Hooters CEO Neil Kiefer announced uniform changes back to 1980s athletic shorts, a fresh wings menu and other adjustments after its bankruptcy restructuring.
Housing experts caution that Zohran Mamdani's proposed rent freeze for some New York City apartments could backfire by reducing new construction and raising market rents.
Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.
Federal Reserve Governor Lisa Cook addresses her legal battle with Trump for the first time, vowing to continue duties as the Supreme Court prepares for a January decision.