The Supreme Court will expedite an appeal of a ruling that struck down most of President Trump's tariffs.
Why it matters: The blockbuster case will determine the future of Trump's efforts to reshape the global trade system, and potentially impact hundreds of billions of dollars in government revenue.
House Judiciary Committee ranking member Jamie Raskin (D-Md.) on Tuesday launched an investigation into Bill Pulte, the Trump administration housing official targeting some of the president's political enemies.
Why it matters: Democrats lack potent investigative tools as the minority party in Congress, but Raskin's probe signals that this will be an avenue of inquiry for the party if they retake the House next year.
Anglo American on Tuesday said it's agreed to buy Canada's Teck Resources, via an all-stock deal that would give the combined company a market cap of around $53 billion.
Why it matters: This would create one of the world's largest miners of copper, a metal essential to both data centers and renewable energy.
Level99, which is best-described as a real-world gaming venue for adults, tells Axios that it's raised $50 million from ACT III Holdings, the investment firm led by Panera founder and Cava chairman Ron Shaich.
Why it matters: "This could be the most exciting business I've ever been involved with, and that includes Cava," Shaich says.
The U.S. economy added 911,000 fewer jobs in the year ending in March than estimated, the Bureau of Labor Statistics said on Tuesday.
Why it matters: The labor market had less momentum than previously known over the past year, even as the current hiring slowdown raises concerns about the economy's health.
Outside of Nvidia and Palantir, retail investors soured on Big Tech last month, according to Charles Schwab's trading activity index, STAX, which measures customer investing behavior.
Why it matters: Retail added risk over the month in other areas, indicating that the tech sentiment was driven by idiosyncratic valuation concerns.
Investors may soon face a slowdown in consumer demand that could hurt corporate earnings, as the labor market weakens, wage growth stalls out and inflation stays sticky.
Why it matters: Investors have already priced in continued strength in corporate earnings for 2026. A slowdown in consumer spending could thwart that bull case.
A top South Korean official warned Tuesday that key elements of the country's trade deal with the U.S. are at risk, amid a dispute over how to deploy a $350 billion investment fund.
Why it matters: Tensions between the two allies could boil over quickly, as the trade dispute compounds with the fallout from last week's ICE raid at a Hyundai-linked battery plant in Georgia.
Twelve Senate Democrats have released a framework for legislation to govern the issuance and trading of digital assets, marking the end of the party's public reluctance to discuss its priorities around such legislation.
Why it matters: Cryptocurrency regulation has proven to be one of the top political priorities of the new Congress, as well as one of its thorniest issues.
