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White House explores how to keep tariffs if the Supreme Court strikes them down

Trump could use other laws to continue his tariff agenda, though neither is as quick as the current authority he is using.
Donald Trump.
Donald Trump.
3d ago

Mystery deepens over former Fed governor Adriana Kugler's resignation

A CNBC review of Kugler’s records revealed seemingly incompatible descriptions of her primary residence. She declined to say she was pressured to quit.
Adriana Kugler, member of the Board of Governors of the U.S. Federal Reserve, nominee for U.S. President Joe Biden, during a Senate Banking Committee nomination hearing on June 21, 2023.
Adriana Kugler, member of the Board of Governors of the U.S. Federal Reserve, nominee for U.S. President Joe Biden, during a Senate Banking Committee nomination hearing on June 21, 2023.
3d ago

The U.S. added just 22,000 jobs in August, confirming dramatic slowdown in the labor market

Recent data appears to show that the U.S. economy has stagnated, with hirings and firings remaining essentially unchanged last month.
Construction workers.
Construction workers.

Trump nominee plans to keep White House job if he's confirmed for Fed post

Stephen Miran said he would take unpaid leave from his role leading the Council of Economic Advisors, if confirmed.
Stephen Miran.
Stephen Miran.

What's next for tariffs after Supreme Court appeal

There are at least five statutes the president could use to quickly impose tariffs if his bid fails, though some have never been tested.
Image: President Trump Holds "Make America Wealthy Again Event" In White House Rose Garden
Image: President Trump Holds "Make America Wealthy Again Event" In White House Rose Garden

Justice Department takes new steps in Lisa Cook investigation

The DOJ issued subpoenas focused on Cook's properties in Michigan and Georgia, according to reports.
Senate Banking Committee Hears Testimony From Nominees For Federal Reserve Board Of Governors
Senate Banking Committee Hears Testimony From Nominees For Federal Reserve Board Of Governors

Trump appeals to the Supreme Court to preserve his sweeping tariffs

A federal appeals court ruled the president doesn't have the authority to set sweeping tariffs under the emergency powers law he invoked.
Image: President Trump Meets With His Cabinet At The White House
Image: President Trump Meets With His Cabinet At The White House
6d ago

McDonald's CEO warns of 'a two-tier economy' as lower-income consumers spend less

The fast-food giant's CEO cited growing evidence that upper-income households are spending freely while the rest are struggling.
A McDonald's restaurant in Omaha, Neb.
A McDonald's restaurant in Omaha, Neb.
7d ago

Immigration

Immigration

Trump's immigration policy threatens key sectors of California's economy

At stake are billions of dollars that fuel businesses large and small across the state, whose standalone economy is the fourth largest in the world after the U.S., China and Germany.
Farm workers gather produce
Farm workers gather produce
10d ago

Core inflation rose to 2.9% in July, highest since February

Central bankers target inflation at 2%, so Friday’s report shows the economy still a distance from where the Fed feels comfortable.
A personal shopper gathers items at a grocery store in Dallas, Thursday, Aug. 28, 2025.
A personal shopper gathers items at a grocery store in Dallas, Thursday, Aug. 28, 2025.