February 21, 2026 - 07:10

In a landmark 6-3 decision, the United States Supreme Court has ruled that former President Donald Trump overstepped his executive authority when imposing significant tariffs on trading partners. The Court found the administration's use of a 1977 national security law to justify the tariffs was an unconstitutional overreach of presidential power.
The ruling immediately invalidates the reciprocal tariffs placed on numerous countries, which had sparked international trade disputes. These tariffs, levied on goods like steel and aluminum, were long criticized by economists and business groups for increasing costs for American manufacturers and consumers.
The decision is being met with relief by many organizations that struggled under the financial weight of the policy. In St. Louis, a nonprofit that provides housing assistance anticipates substantial financial relief. The group's executive director stated that the tariffs had drastically increased their construction and renovation costs, directly limiting their ability to serve families in need. The court's action is seen as a critical step toward stabilizing operational budgets for countless businesses and charitable organizations across the nation that were impacted by the increased cost of materials. Legal experts note the decision reinforces congressional authority over trade and taxation, setting a major precedent for the limits of presidential power in economic policy.
September 4, 2026 - 06:14
New bipartisan Illinois law will help domestic violence survivors with financial hardshipsSurvivors of domestic violence who have been pushed into debt by an abuser may soon have a clearer path to financial recovery. A newly signed bipartisan measure in Illinois aims to shield these...
September 3, 2026 - 21:24
AM Best Affirms Credit Ratings of Sammons Financial Group, Inc. and Its SubsidiariesAM Best has reaffirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of `aa-` (Superior) for Midland National Life Insurance Company and North American...
September 3, 2026 - 02:33
Ares Management Corporation to Present at the Barclays Global Financial Services ConferenceAres Management Corporation has confirmed that its Co-Founder and Chief Executive Officer, Michael Arougheti, will take part in the upcoming Barclays Global Financial Services Conference. The...
September 2, 2026 - 09:56
Parent, finance consultant Boyce vies for Area 2 seat on LVJUSD boardA finance consultant and parent of two district students, Tara Boyce has officially entered the race for the Area 2 seat on the Livermore Valley Joint Unified School District board. Boyce, who has...