Fox Business Alert. We got new inflation data out today showing that inflation is stubbornly sticky and that's slamming the brakes on investors hopes for an early summer rate cut. So, let me show you.Exactly one week ago, the market was pricing in a 66% chance of a rate cut in June. On Tuesday, that number jumped to 70%. But now, a reality check for investors betting on more Fed easing.That drop signals that uh the Fed is laser focused on personal consumption expenditure. The price index which heated up to ...

All right, let's stay on the tariffs discussion and move into the retail sector. The XRT Spider ETF initially popped on the Supreme Court decision earlier, but it quickly gave up all those gains is actually lower now by a bit and now has moved now a half percent higher. So, it's been volatile.Help us here to help us make sense of all of this is SW Retail Advisors President Stacy Woodlets. Uh, we talk a lot of things about retail with you for good reason. So let's talk about some of the price action that we ...

Updated 12:58 p.m. EST on 2/21/2026 to reflect President Trump's decision to increase global tariffs to 15% from 10% following the Supreme Court ruling under Section 122 of the Trade Act of 1974. The much-anticipated Supreme Court decision on the legality of tariffs was issued on Friday. The high court determined that President Donald Trump overstepped his legal authority when he used the Emergency Powers Act to impose wide-ranging global tariffs, a cornerstone of his economic and policy agenda. Presiden ...

The Supreme Court's ruling on tariffs is deeply disappointing. And I'm ashamed of certain members of the court absolutely ashamed for not having the courage to do what's right for our country. I'd like to thank and congratulate Justices Thomas Alito and Kavanaugh for their strength and wisdom and love of our country, which is right now very proud of those justices.When you read the dissenting opinions, there is no way that anyone can argue against them. There's no way foreign countries that have been rippin ...

Industry reaction to US Supreme Court ruling on Trump's global tariffs | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 20 (Reuters) - Businesses and industry groups [hailed] the U.S. Supreme Court's move to [overturn] Donald Trump's emergency tariffs, a ruling that brings relief but leaves companies bracing for the complicated refund process ahead.Here are some comments from industry groups and companies:Sign up [here.]## STEVE ...

Tim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025.Apple's tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following the Supreme Court decision on tariffs.The Supreme Court on Friday struck down a large chunk of President Donald Trump's far-reaching tariff agenda, delivering a major rebuke of the president's key economic policy. Apple has pai ...

A coalition of over 800 small businesses that were bruised by President Trump’s global tariffs is calling for refunds after the Supreme Court struck them down on Friday.The group, called We Pay the Tariffs, is demanding “full, fast and automatic” refunds – though Trump suggested in a heated press conference the idea is a non-starter.“Our coalition members, who through hard work, late nights, and sweat equity built local businesses, have paid billions in tariffs that never should have been imposed,” the anti ...

7 Potential Trades Following Supreme Court's Tariffs RulingTariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's [landmark ruling] that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for [Direxion's suite of leveraged-inverse ETFs].## Single-Stock ETFs to WatchThe byproduct of the Supreme Court ruling could be trade barriers shifting aggressively at the sector-s ...

Wow, that's a lot of people. That's a new record. We set a record every time. Well, thank you very much for being here. The Supreme Court's ruling on tariffs is deeply disappointing and I'm ashamed of certain members of the court, absolutely ashamed for not having the courage to do what's right for our country. I'd like to thank and congratulate justices Thomas, Alito, and Kavanaaugh for their strength and wisdom and love of our country, which is right now very proud of those justices. When you read the dis ...

Core Viewpoint - Lower tariffs would be beneficial for markets, but other factors are causing hesitation among investors [1] Group 1 - The potential for reduced tariffs is seen as a positive development for market conditions [1] - Despite the tariff reduction, uncertainties in the economic environment are keeping market participants cautious [1] - Investors are weighing the implications of tariff changes against broader economic indicators [1]