The Supreme Court struck down a suite of President Trump's tariffs on Friday, a historic blow to the administration's economic agenda. The big picture: In a rare rebuke of Trump's power, the nation's highest court said many of the administration's tariffs were illegal. The 6-3 ruling sets a new boundary for what policies presidents can impose without congressional approval. What they're saying: "[T]he Government reads IEEPA to give the President power to unilaterally impose unbounded tariffs and change them at will. That view would represent a transformative expansion of the President's authority over tariff policy," the ruling says, referring to the International Emergency Economic Powers Act. Threat level: The ruling might give way…
The Supreme Court struck down a suite of President Trump's tariffs on Friday, a historic blow to the administration's economic agenda. The big picture: In a rare rebuke of Trump's power, the nation's highest court said many of the administration's tariffs were illegal. The 6-3 ruling sets a new boundary for what policies presidents can impose without congressional approval. What they're saying: "[T]he Government reads IEEPA to give the President power to unilaterally impose unbounded tariffs and change them at will. That view would represent a transformative expansion of the President's authority over tariff policy," the ruling says, referring to the International Emergency Economic Powers Act. Threat level: The ruling might give way…Open
Valentine's Day jewelry is quietly changing as higher metal prices push brands to rethink materials and price points. Why it matters: This holiday could test whether shoppers care more about meaning — or metal weight . Catch up quick: Precious metal markets have been volatile heading into Valentine's Day. Gold and silver surged through much of 2025 before plunging sharply late last month, with silver posting its steepest one-day drop since 1980. - Even after the selloff, both metals remain well above where they started the year — and that volatility is filtering into jewelry pricing. How it works: Jewelry prices don't track daily metal swings. Pieces are often manufactured months in advance, so retail pricing lags. - Gold spot…
Valentine's Day jewelry is quietly changing as higher metal prices push brands to rethink materials and price points. Why it matters: This holiday could test whether shoppers care more about meaning — or metal weight . Catch up quick: Precious metal markets have been volatile heading into Valentine's Day. Gold and silver surged through much of 2025 before plunging sharply late last month, with silver posting its steepest one-day drop since 1980. - Even after the selloff, both metals remain well above where they started the year — and that volatility is filtering into jewelry pricing. How it works: Jewelry prices don't track daily metal swings. Pieces are often manufactured months in advance, so retail pricing lags. - Gold spot…Open
Pandora, known for its charm bracelets, is trying to reduce its exposure to the volatility in silver prices, the latest setback for a company also facing wary consumers and steep tariffs.
Once called "dumb money," everyday investors —people trading via Robinhood, Schwab and the like—are now collectively big enough to have sway over the direction of markets. Why it matters: That power can come with real risks for this herd of retail investors and potentially for the economy if they pile into an investment that goes terribly wrong. State of play: Investments are taking on an increasingly bigger share of the wealth picture for everyday Americans, according to the JPMorgan Chase Institute . - Retail investing makes up about a quarter of daily trading volume on average, according to Jefferies . - Young people are also increasingly viewing investing as a source of income, according to a survey from the Oliver Wyman Forum.…
Once called "dumb money," everyday investors —people trading via Robinhood, Schwab and the like—are now collectively big enough to have sway over the direction of markets. Why it matters: That power can come with real risks for this herd of retail investors and potentially for the economy if they pile into an investment that goes terribly wrong. State of play: Investments are taking on an increasingly bigger share of the wealth picture for everyday Americans, according to the JPMorgan Chase Institute . - Retail investing makes up about a quarter of daily trading volume on average, according to Jefferies . - Young people are also increasingly viewing investing as a source of income, according to a survey from the Oliver Wyman Forum.…Open
