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Trump Unveils 10% Global Tariff Following Supreme Court Defeat

S&P Futures News

On Friday evening, President Donald Trump announced the signing of an executive order that implements a new 10% “global tariff.” This development follows the Supreme Court’s decision to invalidate his extensive “reciprocal” import duties, marking a significant setback for his trade policy. The “Section 122” tariffs are set to be implemented “almost immediately,” as stated Read More

Court Orders Restoration of Musk’s $56 Billion Tesla Pay Package

The Delaware Supreme Court ruled on Friday that Elon Musk’s 2018 CEO pay package from Tesla, valued at approximately $56 billion upon vesting, must be reinstated. The judges stated in their opinion, “We reverse the Court of Chancery’s rescission remedy and award $1 in nominal damages.” The Delaware Supreme Court judges determined that the lower Read More

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