Trade experts note that businesses seeking tariff refunds may need to appeal to CBP or the Court of International Trade to get their money back after the Supreme Court's ruling.
The Supreme Court struck down President Donald Trump's IEEPA tariffs, which could open the door to billions of dollars in tariff refunds, though the ruling didn't establish the process.
If Florida was a stock, the state's Chamber of Commerce CEO Mark Wilson "would be investing everything" in it as he details the Sunshine State's plans to become a Top 10 global economy.
The Commerce Department released the PCE inflation report on Friday, which showed the Fed's favored inflation gauge remained elevated as consumers deal with price pressures.
China's trade with U.S. midsize businesses plummeted 20% as Trump tariffs hit 37.4%, forcing companies to shift suppliers to Southeast Asia and beyond.
The Trump administration is looking to extend the useful life of coal-fired power plants to boost the nation's energy security amid rising demand from AI data centers.
Johnson & Johnson announced a $1 billion investment in a Montgomery County, Pennsylvania, cell therapy facility that will yield over 500 manufacturing jobs plus 4,000 construction jobs.
The average rate on a 30-year fixed mortgage fell this week to 6.01%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.09%.