The Supreme Court during a rain storm in Washington, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty Images The Supreme Court on Friday ruled that President Donald Trump’s country-specific “reciprocal” tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs. But the ruling doesn’t cover all sectors. The Supreme Court…
Julpo | E+ | Getty Images The student loan delinquency rate is surging, new research finds. Nearly 25% of student loan borrowers with a payment due are now behind, compared with around 9% in 2019, during President Donald Trump’s first term, according to a report published Friday by The Century Foundation, a left-leaning think tank….
The retail industry on Friday said the Supreme Court’s ruling that struck down some of President Donald Trump’s global tariffs would usher in more predictability and flexibility for innovation, freeing up businesses from the burden of higher import costs. “The Supreme Court’s announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling…
Members of the public walk outside the U.S. Supreme Court to attend oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., Nov. 5, 2025. Nathan Howard | Reuters Read more CNBC personal finance coverage What Supreme Court ruling against…
An assortment of Bath & Body Works products. Courtesy of Bath & Body Works Bath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon Prime members. The mall-favorite brand is making some of its best-selling fragrances, body washes, hand soaps and candles available for…
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department,…
Read more CNBC personal finance coverage Personal loans surge: It’s ‘the middle-class refinancing option,’ expert says Trump: tax refunds are ‘substantially greater than ever before.’ What to expect What a Supreme Court tariff ruling may mean for your money Trump officials warn hundreds of colleges with low student loan repayment rates As AI puts the…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Equinox’s $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs soars, according to…
Many Americans are borrowing and incurring debt to keep up with rising costs for basic necessities, such as groceries, rent and utilities, as well as to make larger purchases. Credit card balances reached a record $1.28 trillion at the end of 2025, according to the New York Fed. As consumers look to manage that debt, personal…
Customers near a Ford Maverick pickup truck at a Ford dealership in Richmond, California, US, on Wednesday, April 16, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT – The strength of the U.S. automotive industry will face an early test this spring that has nothing to do with cars or trucks. With tax…