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The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Feb. 20, handing him a significant loss on an issue crucial to his economic agenda.

With the U.S. amassing forces in the Middle East and President Donald Trump saying Iran had 10 to 15 days at most to reach a deal over its nuclear program, rates look likely to go higher still.

Compared with a year ago, inflation rose 2.9% in December, up from 2.8% in November. That is the largest yearly increase since March 2024.

A downturn in government and consumer spending contributed to the slowdown in fourth-quarter growth, the government said. Consumer spending rose just 2.2%.

India formally joined a U.S.-led initiative to protect supply chains, including on critical minerals, in another sign that both sides are resetting ties after a turbulent year.

Transportation Secretary Sean Duffy has announced an investigation into alleged so-called chameleon carriers connected to a fatal truck-van collision in Indiana.

The typical year‑end push inflates December totals, making a sharp January drop unsurprising, though ACT Research noted this year’s decline was larger than seasonal norms.

Waymo said in a statement that it was “disappointed” by the governor’s decision. “We’re committed to bringing our service to New York and will work with the state Legislature to advance this issue.”

A nationwide sweep that wiped out hundreds of bogus truck‑driver training schools highlights federal enforcement action being taken to vet commercial drivers before they hit the road.

Companies have had to find ways to absorb the new expense by passing it along to customers in the form of higher prices, employing fewer workers or accepting lower profits.