Key Takeaways Bye-bye, tariffs—and buy, buy stocks that were pressured by them. Shares of a range of consumer-oriented companies rose Friday following the Supreme Court's ruling that struck down many of the Trump administration's tariffs. While the path forward for the administration, the import taxes and related policy remains uncertain, in the immediate term investors are bidding some shares higher. Investors got some measure of tariff relief on Friday after the court ruling, with some shares—consumer- fo ...

Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...

By Nicholas P. Brown and Eric Cox NEW YORK, Feb 19 (Reuters) - When Rick Woldenberg took the reins of his family's toy business, Learning Resources Inc, nearly three decades ago, politics and litigation were not on his agenda. Then he became a central figure in one of the most significant U.S. Supreme Court rulings ‌of the last several years. The court on Friday struck down President Donald Trump's imposition of unprecedented tariffs under the International Emergency Economic Powers Act, after a rash o ...

The fast-food sandwich sector has battled economic issues over the last year, leading franchisees to close locations and, in some cases, file for bankruptcy protection. Rising costs of labor and products driven by inflation and increased tariffs are among the economic issues sandwich chains have faced. Tariffs in 2025 increased the costs of essential sandwich shop products, such as imported cheeses, olive oil, seafood, and aluminum canned beverages, according to data provider IBISWorld. Wholesale food ...

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The Supreme Court's decision puts into issue billions collected in tariffs over the past year. ...

The US Supreme Court during a rain storm in Washington, DC, US, on Friday, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty ImagesThe Supreme Court on Friday ruled that President Donald Trump's country-specific so-called "reciprocal" tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs.But the ruling doesn't cover all sectors. The Supreme Court reviewed tariffs enacted under the International Emergency Economic Powers Act of 1977, or IEEPA, which the Trump ...

The fog of the Trump administration's tariffs is unrelenting. The Supreme Court's rejection of them creates even more confusion and uncertainty. ...

Retail and apparel stocks spiked Friday morning after the Supreme Court struck down President Trump’s sweeping tariffs.Shares of Victoria’s Secret jumped as much as 5.6% as Dollar Tree cashed in with a 4% pop and Abercrombie & Fitch flexed a 5.5% gain. Lululemon and Dick’s Sporting Goods saw smaller spikes.The National Retail Federation welcomed the Supreme Court’s blockbuster decision stating Congress, not the president, has the power to impose tariffs.Retail and apparel stocks jumped Friday after the Supr ...

The eurozone continues to hold up better than expected in the face of repeated tariff shocks and subdued international demand for its exports. - joel saget/Agence France-Presse/Getty Images Private-sector activity in the U.S. slowed in February as tariffs drove costs higher for firms, while Europe expanded at a stronger pace than anticipated as a rebound in industry signaled resilience against lingering headwinds. The S&P Global Flash U.S. Composite PMI—based on a survey of around 650 manufacturers and 5 ...