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Month: February 2026

After Supreme Court rebuke, Democrats call for government to refund billions in Trump tariff money

After Supreme Court rebuke, Democrats call for government to refund billions in Trump tariff money

By JOSH BOAK

WASHINGTON (AP) — A trio of Senate Democrats is calling for the government to start refunding roughly $175 billion in tariff revenues that the Supreme Court ruled were collected because of an illegal set of orders by President Donald Trump.

Sens. Ron Wyden of Oregon, Ed Markey of Massachusetts and Jeanne Shaheen of New Hampshire are unveiling a bill on Monday that would require U.S. Customs and Border Protection to issue refunds over the course of 180 days and pay interest on the refunded amount.

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France moves to bar US Ambassador Charles Kushner from direct government access


Federal court rejects GOP-led Utah Legislature’s latest try to block House map that helps Democrats


Never Trump Republicans are still issuing dire warnings. Is anyone listening?


Supreme Court agrees to hear from oil and gas companies trying to block climate change lawsuits


Judge blocks release of special counsel Jack Smith’s report on Trump classified documents case
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‘Your Rich BFF’ Vivian Tu shares her favorite personal finance tips

‘Your Rich BFF’ Vivian Tu shares her favorite personal finance tips

By ADRIANA MORGA

NEW YORK (AP) — Are you intimidated by personal finance? Vivian Tu wants to help.

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Tu is known for her TikTok account, “Your Rich BFF,” where she makes entertaining videos about personal finance. Topics include how to negotiate your salary and practical tips for dealing with credit card debt. Tu, who refers to herself as “your favorite Wall Street girly,” has 10 million followers on social media and has published two personal finance books.

Tu, born and raised in Baltimore, often connects her interest in personal finance to her upbringing as the daughter of Chinese immigrants. Her parents raised her to be frugal and appreciate money from an early age, but it wasn’t until a few years into her corporate career that she realized she had a passion for the topic. read more

US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers

US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks slumped Monday after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution.

The S&P 500 fell 1% after Trump said on Saturday that he would place temporary 15% tariffs on other countries. That’s up from the 10% rate he announced Friday following a Supreme Court ruling that struck down his sweeping “reciprocal” taxes on imports from around the world.

The Dow Jones Industrial Average dropped 821 points, or 1.7%, and the Nasdaq composite sank 1.1%.

Trump’s quick move toward more aggressive tariffs shows how much uncertainty still hangs over the global economy, even after the Supreme Court said the president lacked the legal authority to institute his sweeping “reciprocal” tariffs.

Beyond a 15% tariff that could last for up to 150 days, unless Congress extends it further, Trump is moving forward on other avenues to place more permanent tariffs on countries and industries. That has trading partners uneasy. South Korea’s trade minister, Kim Jung-kwan, said Monday that uncertainty may worsen if the Trump administration continues imposing new tariffs under alternative laws. read more

The American-made hemp shirt experiment

The American-made hemp shirt experiment

By MATT HUDSON, Montana Free Press

In 2020, a northcentral Montana hemp crop was harvested, beginning a trial run by two Montana companies to produce clothing without the material ever leaving the United States.

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When the shirt finally went to market last year, it was proof of a concept that had long since moved overseas.

Hemp is often held up as a versatile crop with all sorts of applications: fabrics, home insulation, even edible seed oils, to name a few. But it was illegal to grow or distribute hemp in the U.S. for nearly a century until 2018 when Congress lifted federal restrictions on the marijuana-adjacent plant. So, when a Fort Benton hemp processor and a Great Falls-based apparel company sought to make a line of U.S.-made hemp shirts, they had to scrap together a supply chain to make it happen. read more

Tax season is here. Here’s what you need to know for stress-free filing

Tax season is here. Here’s what you need to know for stress-free filing

By ADRIANA MORGA

NEW YORK (AP) — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.

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“Don’t wait until the last minute but also don’t rush,” said Tom O’Saben, director of tax content and government relations at the National Association of Tax Professionals,

Gathering all your documents, signing up for direct deposit and keeping copies of your tax returns are some of the best practices when it comes to preparing to fill out your taxes. This year, due to the Republican tax and spending bill that President Donald Trump signed over the summer, there are new deductions taxpayers should know about. read more