Economy

Has Coles been caught with its pants ‘down down’ over its prices promotion?

If the supermarket is found to have deliberately misled with the jingle that ‘sticks in one’s ears’, there will be sector-wide implications

MP Materials Announces $1.25 Billion Rare Earths Facility Meant to Help Counter China

Rare earth producer MP Materials plans to build a large-scale rare earth magnet manufacturing campus in North Texas to prop up the domestic supply chain and reduce reliance on foreign adversaries.

Trump tariffs slap-down could limit, if not end, economic damage

American small businesspeople likely let out a collective gasp at the Supreme Court’s rejection of President Donald Trump’s tariff regime. Justices on Feb. 20, in a 6-3 decision, struck down the president’s sweeping tariffs. The ruling marked an extraordinary rejection of both his signature economic policy and the lever of power he’s used to bend the global economy to his will.

Sorry, Xi, China hasn't suddenly gained a lever over Trump

Bloomberg’s Malcolm Scott is wrong. Last week’s Supreme Court decision to suspend President Donald Trump’s tariffs on nations including China did not give Beijing new leverage against the United States, nor did it undermine Trump’s efforts to uncouple the U.S. economy from the Chinese economy. Trump continues to possess several powerful tariff levers that he can use against China.

FedEx promises tariff refunds if administration gives back money

Global transport company FedEx says it will redistribute tariff money to its customers if it receives refunds following the Supreme Court’s decision last Friday to block the president’s “Liberation Day” tariffs.

Enough with the savings accounts

Texas recently became the 18th state to create a K-12 education savings account that lets families spend state-funded dollars on private tuition and other educational items. Florida has two such programs, while Tennessee has three.