Business

Murky outlook for businesses after tariff ruling prompts countermoves by Trump

NEW YORK — Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place. The Trump administration says its tariffs help boost ...

Lower inflation needed before many officials will support rate cuts, minutes show

WASHINGTON — Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show. The "vast majority" of the 19 participants on the ...