Category: Markets and Macro

Bitcoin and Ethereum have stumbled into 2026 with their steepest year-to-date losses in a decade, erasing gains that had fueled optimism just weeks earlier. Bitcoin has fallen approximately 24% since January 1, while Ethereum has shed roughly 34% over the same stretch, marking the worst opening to a calendar year for both assets since at…

The Supreme Court struck down President Trump’s sweeping global tariffs, delivering a ruling that small importers across the country had been waiting on for months, according to coverage from the Associated Press and other outlets. For some business owners who say their costs climbed by tens of thousands of dollars under the tariff regime, the…

President Donald Trump signed a proclamation on Friday imposing a 10% temporary import surcharge on most foreign goods, acting just hours after the Supreme Court struck down his broader tariff program in a 6-to-3 decision. The new levy is set to take effect February 24, 2026, and last 150 days, representing a rapid legal pivot…

The U.S. Supreme Court struck down President Trump’s sweeping tariffs on February 20, 2026, ruling in Learning Resources, Inc. v. Trump that the executive branch had exceeded its authority under the International Emergency Economic Powers Act. Gold futures immediately blasted past $5,000 per ounce on the COMEX, while silver surged nearly 9%, as investors rushed…

Governor Gavin Newsom signed Assembly Bill 117 into law, authorizing a $590 million emergency loan to four Bay Area transit agencies that face severe budget shortfalls heading into fiscal year 2026-27. The legislation directs state funds to AC Transit, BART, Caltrain, and San Francisco Muni, all of which warned of deep service cuts without new…

A Nobel Prize-winning economist has identified the disappearing blue-collar job as one of the most serious threats facing the American economy, a warning that lands as fresh federal data shows manufacturing employment dropped by more than 100,000 positions over the past year. The alarm clashes directly with White House claims of an industrial revival, setting…

The Supreme Court ruled 6-3 on February 20, 2026, that President Trump exceeded his authority by using the International Emergency Economic Powers Act to impose sweeping tariffs, a decision that now puts more than $175 billion in collected customs revenue on a potential refund track. The ruling validated a legal challenge led by California and…

U.S. equity futures dropped sharply on Friday after a double dose of economic data revealed slowing growth and stubborn inflation, a combination that complicates the Federal Reserve’s path on interest rates. The Bureau of Economic Analysis reported that real GDP grew at just a 1.4% annual rate in the fourth quarter of 2025, a steep…

GE Aerospace filed a Form 8-K with the Securities and Exchange Commission on January 15, 2026, the latest in a string of regulatory disclosures that trace the company’s accelerating momentum in commercial and defense aviation. Yet despite a filing trail that points to record-level activity heading into the late-January earnings cycle, the stock has drawn…

New York City Mayor Zohran Mamdani proposed a preliminary $127 billion budget on February 17, 2026, that includes a 9.5% property tax increase and has drawn fierce opposition from the City Council, landlords, and Governor Kathy Hochul. The plan attempts to close a $5.4 billion deficit through a combination of state aid demands and tax…