Trump's no tax on tips policy covers eight industry categories including food service, entertainment, hospitality and personal services under the One Big Beautiful Bill Act.
Constellation Brands cuts fiscal year outlook as the importer of Corona and Modelo faces declining beer sales amid challenging economic conditions and weak consumer demand.
Federal Reserve independence faces scrutiny as Federal Reserve Governor Lisa Cook challenges Trump's authority to remove her while hundreds of economists voice support.
The retail giant's new "Executive Member Shopping Hours" policy gives top-tier premium subscribers private shopping time before stores open to other members.
European Central Bank President Christine Lagarde warns that President Trump's threats to the Federal Reserve's independence pose serious economic risks to the U.S. and world.