The U.S. Supreme Court ruled on February 20, 2026, that President Donald Trump overstepped his authority when he imposed sweeping global tariffs on goods from all countries, striking down most of the levies. The decision landed like a relief for importers who had spent months absorbing steep duties, but for small businesses that already paid…

The American economy keeps splitting into two separate tracks, and the divide is growing harder to ignore. Low-wage workers who bore the brunt of pandemic-era job losses have, in several measures, struggled to recover lost ground, while wealthier households have ridden soaring stock portfolios and rising home values to gains in net worth documented in…

Oil prices held relatively flat on Friday as President Donald Trump publicly acknowledged that he is weighing a limited military strike on Iran, even as Tehran signaled it would soon present a nuclear proposal to Washington. The simultaneous threat of force and diplomatic outreach created a tug-of-war in energy markets, with crude benchmarks climbing modestly…

Precious metal futures were little changed to slightly higher on February 20, 2026, as traders weighed the fallout from a court ruling that curtailed President Trump’s global tariffs and his rapid pivot to a replacement levy. Gold’s modest moves reflected a market caught between two competing forces: relief that the broadest tariffs were curtailed, and…

Gates Foundation Trust committed nearly 30% of its $36,583,755,044 reported 13F portfolio to a single stock at the end of the third quarter of 2025: Berkshire Hathaway Class B shares. The position, worth $10,942,248,714 across 21,765,224 shares, represents the largest holding in a trust that serves as the investment arm behind one of the world’s…

J.P. Morgan has adjusted its silver price target for 2026, citing growing policy uncertainty around the metal’s newly elevated status as a critical mineral in the United States. The reset comes after the White House moved to address supply-chain vulnerabilities tied to processed critical minerals, and as federal agencies continue to track silver production and…

Elon Musk is seeking up to $134 billion in damages from OpenAI and Microsoft in a federal lawsuit that has now cleared a key procedural hurdle, with a U.S. judge ruling that the case can proceed to a jury trial. The dispute, rooted in OpenAI’s shift from a nonprofit to a for-profit structure, represents one…

Steven Spielberg is among a growing number of California billionaires reportedly weighing a departure from the state ahead of a proposed one-time 5% wealth tax that would apply to anyone with assets exceeding $1 billion as of January 1, 2026. The ballot initiative, which cleared for signature gathering late last year, has triggered what observers…

Nvidia and OpenAI have scrapped their ambitious $100 billion multi-year partnership and replaced it with a far simpler arrangement: a roughly $30 billion equity investment from the chipmaker into OpenAI’s next funding round. The dramatic restructuring, first reported by the Financial Times, signals that even the two most powerful companies in artificial intelligence are recalibrating…