A jury on Friday found that Elon Musk misled Twitter's shareholders by driving down Twitter's stock price ahead of his $44 billion acquisition of the company in 2022. The San Francisco jury were asked if two tweets and comments made by Musk on a podcast showed that he deliberately defrauded the shareholders and drove down...
Rep. Eric Swalwell (D-Calif.) on Friday dropped his lawsuit against Federal Housing Finance Agency (FHFA) Director Bill Pulte after Swalwell was accused of mortgage fraud. Swalwell sued Pulte in November, accusing him of abusing his authority in forwarding a criminal referral regarding the lawmaker’s mortgage to the Department of Justice. Swalwell asked the courts to demand Pulte...
Comedian Bill Maher on Friday outlined his list of ways that he thinks the U.S. "f---ed up" its strategy in attacking Iran. "You know where we f---ed up? A few places," he told guests Rep. Anna Paulina Luna (R-Fla.) and Democratic strategist Paul Begala on his HBO show "Real Time." "One, we're blowing up each...
President Trump said he signed an executive order on Friday imposing a 10 percent tariff on imports from countries around the world, hours after the Supreme Court ruled a set of sweeping emergency tariffs were unconstitutional. “It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all...
The U.S. military blew up another alleged drug-trafficking boat in the Eastern Pacific on Friday, killing three “narco-terrorists.” The boat was operated by a designated terrorist organization and the intelligence confirmed the vessel was transiting along “known narco-trafficking” routes and was engaged in “narco-trafficking” operations,” the U.S. Southern Command (Southcom) said on Friday. It is...
Illinois Gov. JB Pritzker (D) on Thursday called on President Trump to “cut the check” and issue refunds to American taxpayers after the Supreme Court struck down a cornerstone of his economic agenda, tariffs. “The Supreme Court just confirmed what we already know. Trump’s tariffs are illegal. He did it without the support of...
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Supreme Court strikes blow to Trump’s tariffs President Trump suffered a major loss as the Supreme Court on Friday struck down his use of an emergency statute to execute the strategy core to his economic agenda. ...
Sen. Lisa Murkowski (R-Alaska) applauded a Supreme Court ruling Friday that struck down much of President Trump’s tariff agenda, casting the decision as a “firm reminder” of the limits to presidential power. “The Supreme Court’s ruling on tariffs is a clear rebuke and firm reminder that presidential power is not unlimited,” Murkowski wrote on the...
Former U.S. Deputy Assistant Attorney General John Yoo called the Supreme Court’s Friday ruling that struck down the bulk of President Trump’s tariffs a “blessing in disguise” for the president ahead of the 2026 midterms. Yoo said that if it forces the president to put off the tariffs, it could boost the economy ahead of...
Reps. Mike Lawler (R-N.Y.) and Josh Gottheimer (D-N.J.) on Friday said they will oppose any war powers resolution that would require congressional approval for a military strike against Iran. "So long as 'Death to America' remains the rallying cry of the Iranian regime, Iran will remain a persistent and serious threat to our men and...
Three former engineers were charged Thursday with stealing trade secrets from Google and other tech companies and sending the information to Iran. Two sisters, 41-year-old Samaneh Ghandali and 32-year-old Soroor Ghandali, and 40-year-old Mohammadjavad Khosravi were indicted by a federal grand jury, according to the U.S. attorney for the Northern District of California. While working...
Sen. Maria Cantwell (D-Wash.) penned a letter to Treasury Secretary Scott Bessent asking for a “detailed explanation” of how the Department of the Treasury will dole out tariff refunds in the wake of a Supreme Court ruling Friday that said the president was working outside of his authority in imposing some tariffs. “Given this Administration...
President Trump suffered a striking blow to his bid to refashion global trade with sweeping tariffs as the Supreme Court on Friday struck down his use of an emergency statute to execute the strategy core to his economic agenda. Trump was the first president in history to attempt to use the International Emergency Economic Powers...
More than half of Americans surveyed in a new poll disapprove of President Trump’s sweeping crackdown on illegal immigration. The joint survey from The Washington Post, ABC News and Ipsos found that 58 percent of respondents said they believe the Trump administration has gone too far in its efforts to deport immigrants living in the...
