Appeals court rules many of Trump’s tariffs are illegal

A federal appeals court said Friday that many of the sweeping tariffs imposed by President Trump on dozens of countries earlier this year are not legally permissible. The ruling will not immediately block the tariffs, but it marks a significant blow to Mr. Trump’s signature trade strategy. The U.S. Court …

Read More »

US Spirit Airlines files for bankruptcy again

Spirit Airlines has filed for bankruptcy again, its second restructuring in 2025. Photo: JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/FileSource: AFP Budget US carrier Spirit Airlines said Friday that it will file for bankruptcy for the second time in a year, but will continue to fly, sell …

Read More »