Economy

Small businesses file lawsuits against Trump's new sweeping tariffs
The lawsuits mark the latest effort to block the administration's trade policy in federal court.

Oil stops flowing, and Wall Street stops growing
The summer doldrums on Wall Street were disturbed by renewed military conflict in the Middle East and President Trump announcing a new slate of tariffs.

Trump imposes double-digit tariffs on dozens of countries as his 10% levies are set to expire Friday
Some products — including oil and gas and fertilizer — are exempted from the new tariffs announced Thursday.

Patients sue diagnostics company over data breach
A class of Illinois patients maintained in a lawsuit filed Monday that healthcare company Abbott Laboratories failed to adequately safeguard patients' data.

EU hits AliExpress with hefty fine over unsafe, counterfeit products
After fining Elon Musk’s X, Brussels is going after unsafe online practices by AliExpress, China’s rival to Amazon.

Fourth Circuit severs class of Boeing investors
The ruling splits up thousands of investors who sought damages for Boeing's supposed misrepresentation about the effectiveness of its safety protocols.

Markets dip slightly, even with positive inflation news
Inflation had a major reversal in June, but investors were focused instead on renewed tensions with Iran that sent oil prices higher.

No immediate relief for Meta workers claiming AI fired them
The judge said the workers had not suffered the immediate, irreparable harm required to temporarily block Meta from terminating their employment, but left the door open for foreign-born plaintiffs at risk of losing their visas.




