Google Faces Antitrust Tug Of War Over AI Era
Google fights DOJ demands to dismantle its search dominance while AI shifts reshape the market. Judge Amit Mehta weighs remedies including possible divestiture of Chrome and banning default search lock-ins as OpenAI and Perplexity court rivals signal interest in Google's browser.
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Washington
Google
U.S. Justice Department
U.S
Amit Mehta
Justice Department
Mehta
Department of Justice
Alphabet Inc
David Dahlquist
Sundar Pichai
OpenAi
Apple
Tariff ruling threatens trillions in lost revenue
A federal appeals court paused a ruling striking down parts of Trump's tariffs, risking a roughly $2 trillion gap in the next decade in revenue used to offset a sprawling tax cut. Economists warn the decision could delay or derail the $4 trillion tax package as Treasury revenue drops and debt limits loom.
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Donald Trump
U.S
Congress
Douglas Elmendorf
Harvard Kennedy School
Congressional Budget Office
Court of International Trade
Trump
White House
Supreme Court
CIT
Goldman Sachs Group Inc
Citigroup Inc
Congressional Joint Committee On Taxation
Treasury
Scott Bessent
Fox News
Barclays PLC
Ernie Tedeschi
Yale University
Budget Lab
Biden Administration
Bloomberg Economics
Inflation eases near Fed target as tariffs loom
A Commerce Department report shows U.S. consumer prices rose 2.1 percent in April from a year earlier, down from 2.3 percent in March, with core prices at 2.5 percent. Monthly gains were 0.1 percent for both overall and core. Spending rose 0.2 percent in April, slowing from March’s 0.7 percent. Tariffs face questions after a court ruling, with retailers like Walmart, Best Buy, and Costco signaling price increases to offset duties.
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Washington
U.S
Donald Trump
Commerce Department
Trump
Kathy Bostjancic
Nationwide
Walmart
Best Buy
Corie Barry
E.|.i. Beauty
China
Costco
Gary Millerchip
Wall Street Ends Strong Month Amid Tariffs Uncertainty
Wall Street closed higher for the week and month amid mixed results from Gap Ulta Beauty and others as tariffs linger. The S&P 500 dipped 0.0 percent, the Dow rose 54 points and the Nasdaq fell 0.3 percent while Nvidia Ulta and Red Robin drove moves. A court blocked many tariffs briefly and Trump signaled possible new levies, keeping investors wary of inflation and profits.
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New York
Wall Street
Gap
Ulta Beauty
Donald Trump
S&p 500
Banana Republic
Old Navy
China
Trump
European Union
U.S
White House
U.S. Court of International Trade
United States
Nvidia
SharpLink Gaming
Treasury
Federal Reserve
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DOJ
Rose Garden
Fed
Keda Steelman
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