Economy

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.

India's Economy Grows at Faster-Than-Expected Pace of 7.8% in December Quarter

The world's fastest-growing major economy expanded by 7.8% in the December quarter.

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.

A woman's work is never done

The old story came back with a vengeance in recent months. Headlines everywhere declared a “she-cession.”

Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal

Updated on: February 27, 2026 / 3:46 AM EST / MoneyWatch

Swiss Re pops 4% after posting record $4.8 billion profit, plans $1.5 billion buyback

European markets finished mixed as more earnings reports and economic data were in focus.

Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say: Reuters

The sale is expected to total roughly 300 billion yen ($1.9 billion) and Nintendo could make a decision as soon as Friday, two of the sources said.

Private equity enters its 'Darwinian' era as experts warn some funds face extinction

Lower exits, longer holding periods, smaller returns, and tougher fundraising conditions are reshaping the industry, where only the strongest managers will survive.

Negative gearing changes on the table before May budget, Jim Chalmers confirms

Treasurer says ‘not unusual’ for his department to examine options but stresses that no decision has been made

On a dancefloor at 2am, I heard Jacinda Ardern’s husband say they were moving to Australia. I don’t blame them

It’s no surprise that so many Kiwis are leaving New Zealand behind for a nation with much larger capacity for embarrassment: Australia

FedEx vows to pass any tariff refunds it gets from the U.S. on to customers

Updated on: February 26, 2026 / 7:08 PM EST / CBS News

Asia markets trade mixed after Wall Street pullback on Nvidia slump

Asia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.