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19879 articles published since 08 Mar 2022

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US appeals court finds Trump's global tariffs illegal
US appeals court finds Trump's global tariffs illegal
Business and Economy

A US appeals court on Friday ruled that many of President Donald Trump's tariffs, which have upended global trade, were illegal -- but allowed them to remain in place for now, giving him time to take the fight to the Supreme Court. The US Court of International Trade ruled in May that Trump had overstepped his authority with across-the-board global levies.

Court battle underway as Fed Governor Cook contests firing by Trump
Court battle underway as Fed Governor Cook contests firing by Trump
Business and Economy

A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to fire her, in a legal battle set to have major implications for the US central bank and its independence. In the first hearing in the case, a judge in Washington considered Cook's request for a temporary order declaring Trump's attempt to oust her unlawful.

Trump son hypes bitcoin on Hong Kong leg of Asia trip
Trump son hypes bitcoin on Hong Kong leg of Asia trip
Business and Economy

Eric Trump, son of the US president, urged a crowd in Hong Kong on Friday to buy bitcoin during a trip to Asia where his crypto company is reportedly seeking acquisitions. American Bitcoin, the bitcoin miner backed by Eric Trump and Donald Trump Jr., is seeking acquisitions in Asia, the Financial Times reported this month.

German unemployment tops 3 million, highest for a decade
German unemployment tops 3 million, highest for a decade
Business and Economy

German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in another blow to Europe's struggling top economy. The unemployment figure rose by 46,000 month-on-month to hit 3.025 million, the federal employment agency said, the highest level since February 2015.

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