Legal Battle Over Eligibility for U.S. Tariff Refunds Moves to Appeals Court
A federal dispute intensifies over whether all importers can claim refunds for tariffs voided by the Supreme Court, with billions already repaid and more at stake.
Latest news
Trade & Tariffs
AI & Tech Regulation
Cleveland Clinic Agrees to End Gender Transition Procedures for Minors in DOJ Settlement
The Justice Department reached a settlement with Cleveland Clinic halting gender transition treatments for children and providing funds to support detransitioned individuals.
Big Tech
Rivian Introduces the 2027 R2, Aimed at Making Electric SUVs More Accessible
Rivian launches the 2027 R2, a smaller, affordable electric SUV designed to broaden its market reach with up to 330 miles of range, starting around $45,000.
Crypto & Fintech
EU Should Focus on Tokenization Instead of New DeFi Rules, Says MiCA Architect
A key adviser to the European Commission urges prioritizing a broad regulatory framework for digital assets and tokenization over imposing new rules on decentralized finance.
Corporate Power
Wall Street Gains as AI Stocks Bounce Back and Oil Prices Retreat
U.S. markets climbed as artificial intelligence stocks recovered from last week’s sell-off and easing oil prices provided relief to energy-sensitive sectors.
Trade & Tariffs
China Commits Nearly $300 Billion to Data Centers to Accelerate AI Ambitions
China plans to invest around $295 billion in data centers over five years, aiming to boost domestic AI development and reduce reliance on foreign technology amid growing competition with the U.S.
Markets & Macro
Japan Intervenes Amid Yen Slump and Rising Bond Yields as Market Anxiety Grows
Japan deployed record foreign-exchange interventions to support the yen as bond yields hit new highs, balancing risks ahead of a pivotal Bank of Japan rate decision.
AI & Tech Regulation
VP Vance Refers Minnesota Governor and Attorney General to DOJ Amid Fraud Investigation
Vice President JD Vance has sent Minnesota officials, including Governor Tim Walz and Attorney General Keith Ellison, to the Justice Department for criminal inquiry following a federal fraud report.
Crypto & Fintech
On-Chain Investigator Questions Legitimacy of $32 Million Humanity Protocol Crypto Breach
The alleged $32 million crypto hack of Humanity Protocol's token raises doubts as an on-chain analyst suggests the attack may have been staged by insiders rather than an external breach.
Crypto & Fintech
SBI Shinsei Bank to Reward Depositors with Cryptocurrency Vouchers Linked to Interest
SBI Shinsei Bank will offer depositors crypto vouchers worth a portion of their interest, redeemable for Bitcoin, Ether, or XRP through its exchange platform.