Economy
$130 Billion in Illegal Tariffs Must Be Refunded. A Federal Judge Just Said So.
A federal judge ordered the US to refund $130B+ in illegal IEEPA tariffs. 300,000 businesses are waiting. CBP reports to the court today. The clock is ticking.
Economy
A Russian Gas Tanker Just Sank in the Mediterranean. Europe’s Last Backup Plan Went Down With It.
A Russian LNG tanker sank in the Mediterranean. Qatar's gas is offline. Putin is threatening to cut the rest. Europe's gas supply is under triple squeeze.
Economy
Nine Days After the Supreme Court Killed His Tariffs, Trump Is Stalling on Refunds and Rebuilding the Wall
DOJ seeks 4-month delay on $175B tariff refunds as 2,000+ lawsuits mount. EU votes March 4 on Turnberry deal. Section 122 clock ticks toward July.
Economy
Oil Surges Toward $73, Gold Eyes $5,300 as US-Israel Strikes on Iran Upend Weekend Calm
Brent hits $72.87 and gold holds above $5,200 as US-Israel strikes on Iran threaten Hormuz chokepoint. Oil, gold, equities and FX outlook for Monday open.
Economy
Europe’s Youth Employment Gap Widens and Britain Is Now the Cautionary Tale
UK NEET crisis hits 957,000 as youth unemployment tops EU average — BoE, Eurostat and Milburn review data reveal widening generational gap across Europe.
Economy
Europe Faces AI Job Tsunami: IMF Warns 40% of Roles at Risk
Workers training AI systems report feeling devalued as IMF analysis shows 40% of global jobs face AI disruption
Economy
Freedom 250 Signed in Seoul. Everything Around It Is on Fire.
The US Embassy and AMCHAM Korea sign Freedom 250 MOU pledging 250+ events — as tariff disputes, a Yellow Sea standoff and Freedom Shield test the alliance.
Economy
Britain’s Trade Deal With Trump Just Got a Lot More Expensive
Britain's trade deal with Trump faces its toughest test as a 15% global tariff takes effect after the Supreme Court struck down IEEPA duties 6-3.