Business
Latest Trump tariffs see new challenge from 25 Democrat-led states
FOX Business host Larry Kudlow discusses the impact of the Trump administration’s manufacturing policies after the ISM reported its highest manufacturing PMI since 2022 on ‘Kudlow.’
President Donald Trump’s administration is facing 25 new lawsuits from Democrat-led states over his latest round of tariffs on Monday.
New York Attorney General Letitia James is leading the joint lawsuit, arguing the tariffs handed down last month are a thinly-veiled attempt to circumvent the Supreme Court’s ruling against Trump’s earlier import tariffs.
“After losing at the Supreme Court, the administration is once again trying to illegally raise taxes on families and businesses with a new round of tariffs,” James said in a statement.
Trump’s latest tariffs hit 59 countries and the European Union, this time arguing they are committing “forced labor violations” by not cracking down on imports from certain sources.
TRUMP JUST EXPANDED HIS TARIFF PLAYBOOK WITH A POWERFUL TRADE WEAPON NO PRESIDENT HAS EVER USED

President Donald Trump delivers remarks on the Ratepayer Protection Pledge during a roundtable at the Environmental Protection Agency headquarters on July 23, 2026, in Washington, D.C. (Kevin Dietsch/Getty Images / Getty Images)
States joining New York in the lawsuit include Arizona, California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Nevada, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, Rhode Island, Virginia, Vermont, Washington and Wisconsin.
The Trump administration ordered the U.S. trade representative to investigate the 60 trading partners for unfair trade practices earlier this year. The investigation then found that the 59 countries and the EU were not doing enough to crack down on imports produced by forced labor. Trump then pointed to Section 301 of the Trade Act of 1974, which allows the president to impose tariffs on countries determined to be engaging in unfair trade practices.
TRUMP LEAVES CHINA WITH BREAKTHROUGHS — AND UNFINISHED BUSINESS ON XI’S BIGGEST FIGHTS

Attorney General of New York Letitia James speaks on stage during the 38th Annual Brooklyn Tribute To Dr. Martin Luther King, Jr. at BAM Howard Gilman Opera House on Jan. 15, 2024, in New York City. (Jason Mendez/Getty Images for Brooklyn Academy of Music / Getty Images)
“The United States is using its lawful authority to obtain the elimination of unreasonable acts, policies, and practices that burden U.S. commerce,” White House spokesman Kush Desai told NBC News.
“A foreign country’s failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor is unreasonable and burdens U.S. commerce, including American workers, and must be addressed. Section 301 tariffs have proven to be a legally durable tool since the president’s first term, and they remain so now,” he added.
TRUMP’S SCOTUS PREDICTION TAKES ON NEW WEIGHT AHEAD OF BIRTHRIGHT CITIZENSHIP RULING

The U.S. Supreme Court ruled 6-3 that the International Emergency Economic Powers Act does not authorize the president to impose broad tariffs. (MANDEL NGAN/AFP via Getty Images / Getty Images)
The lawsuit comes days after Trump lashed out at the Supreme Court over its rulings on his tariff policies and birthright citizenship, arguing they cost the U.S. “trillions.”
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“Does anybody have any idea how much Money and Prestige the United States Supreme Court has cost our Nation with their negative Rulings on Birthright Citizenship and TARIFFS?” he asked in a Wednesday Truth Social post.
“The answer, TRILLIONS AND TRILLIONS OF DOLLARS!” he said.
Business
BSE Q1 Results: Profit soars 62% YoY to Rs 874 crore, revenue surges 63%
Revenue from operations rose 63% to Rs 1,566 crore from Rs 958 crore a year earlier. Investment income also rose sharply to Rs 135 crore from Rs 79 crore, while other income stood at Rs 5 crore against Rs 7 crore in the year-ago period.
BSE’s profit before tax rose 66% to Rs 1,164 crore from Rs 701 crore in Q1FY26. Profit before contribution to the core settlement guarantee fund stood at Rs 1,177 crore, up 72% from Rs 685 crore a year earlier.
The company made a Rs 26 crore contribution to the core settlement guarantee fund during the quarter. Profit before tax and share of profit of associates stood at Rs 1,144 crore. Tax expense for the quarter stood at Rs 291 crore, compared with Rs 175 crore a year earlier.
Total expenses rose 49% to Rs 537 crore from Rs 359 crore in the same quarter last year. Employee benefit expenses increased to Rs 87 crore from Rs 70 crore. Technology expense rose to Rs 61 crore from Rs 50 crore.
Clearing and settlement expenses increased to Rs 90 crore from Rs 55 crore. Regulatory contribution rose to Rs 193 crore from Rs 116 crore. Other expenses stood at Rs 63 crore, compared with Rs 41 crore a year earlier. Depreciation expense increased to Rs 43 crore from Rs 27 crore.
Business
Pistachio spread startup raises $2.35 million

Funding is fueling Peppertux’s continued retail expansion and expansion into foodservice.
Business
Oil prices fall on hopes Strait of Hormuz could reopen
Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway.
US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to potentially resume as soon as this week.
The cost of a barrel of brent crude, the global benchmark for oil prices, fell by almost 5% to under $80 on the news of supply disruptions potentially being eased.
But the failure of previous negotiations in recent months to de-escalate the conflict between the US and Iran have led to a volatile oil market, with drivers ultimately being hit by higher fuel prices at the pumps.
On Tuesday, along with the drop in Brent crude, US West Texas Intermediate prices were down more than 5%, to $76 a barrel. Both contracts dropped to their lowest levels since 13 July.
US Secretary of State Marco Rubio said there had been progress made in discussions on getting more ships through the Strait with Iran and Oman.
“There’s been progress made in those talks, but not finality yet. We’re hoping that will happen very shortly,” he told reporters at the State Department.
Bessent said a deal to reopen the Strait of Hormuz could be agreed as soon as Tuesday or Wednesday.
There was a “chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict,” he told CNBC.
“It would be freedom of movement,” he added, when asked whether Iran would be allowed to charge for ships passing through.
While senior figures in the US government have announced talks have been progressing, no details of what a potential deal may look like have been released.
The Strait of Hormuz has been a central point in negotiations between the US and Iran. Before the conflict began in late February, the waterway handled about one-fifth of global daily oil and liquefied natural gas supplies.
Business
Free Cookies and Deals at Crumbl, Insomnia and More This Tuesday
National Chocolate Chip Cookie Day arrives Tuesday, giving fans of the classic baked treat a fresh excuse to indulge, with dozens of restaurant chains, bakeries and hotels offering free cookies and discounted deals to mark the occasion.
The holiday, celebrated annually on Aug. 4, honors one of America’s most beloved desserts. According to estimates from Mrs. Fields, Americans eat roughly 7 billion chocolate chip cookies every single year, cementing the treat’s status as a staple of the American dessert landscape.
Where the chocolate chip cookie came from
The most widely told origin story credits Ruth Wakefield, a chef who ran the Toll House Inn with her husband in Whitman, Massachusetts, with inventing the chocolate chip cookie in 1937. According to the popular account, Wakefield cut up a semi-sweet chocolate bar and added the bits to her Butter Drop Do cookie recipe, expecting the chocolate to melt smoothly into the dough. Instead, the chocolate held its shape, creating the now-iconic cookie studded with distinct chocolate chunks. Wakefield published her recipe in 1938, and Nestlé soon began promoting it on its chocolate packaging and in the company’s advertising, helping cement the cookie’s popularity nationwide.
But the full history may be more complicated than the popular Toll House legend suggests. Pastry chef and author Stella Parks, in her 2017 book “BraveTart: Iconic American Desserts,” uncovered evidence that chocolate chip cookies were advertised in supermarket circulars as early as the 1930s, and that recipes for similar treats called “Chocolate Jumbles,” made with grated chocolate, were published as far back as 1877, decades before Wakefield’s famous recipe.
Even so, Parks has credited Wakefield with playing a pivotal role in the cookie’s lasting popularity. Wakefield having “popularized and developed a recipe that is still in use 100 years later” is an impressive feat, Parks said during an April 2022 appearance on the Gastropod podcast, hosted by the food news site Eater.
Deals at cookie shops and bakeries
Several cookie-focused chains are offering direct deals tied to the holiday. Insomnia Cookies is running a buy-one-get-one-free promotion on its Chocolate Chunk cookies through Tuesday, covering flavors including Chocolate Chunk, Double Chocolate Chunk, Vegan Chocolate Chunk, Vegan Double Chocolate Chunk and Gluten-Free Chocolate Chunk. The deal is valid both in-store and online.
Crumbl, while not running a promotion specifically tied to National Chocolate Chip Cookie Day, is offering customers a free 12-ounce drink through its app when they order, valid August 3 through August 8, though the offer is limited to select locations and flavors.
4th Street Cookie Company is offering 12 free mini chocolate chip cookies to customers who spend $50, limited to one box per order, while Cookies & Dreams, a woman-owned bakery based in Iowa, is hosting a giveaway offering two winners a free dozen of its signature chocolate chip cookies, along with free mini cookies for the first 15 in-store purchases at its two Iowa locations.
Hotel chains and restaurants join in
DoubleTree by Hilton, long known for greeting hotel guests with a warm chocolate chip cookie at check-in, is extending that tradition to the general public for the day. The hotel chain is offering a free DoubleTree chocolate chip cookie to guests and non-guests alike, with no reservation required.
BJ’s Restaurant & Brewhouse is offering its signature “Pizookie” chocolate chip cookie dessert for $5, though the promotion is technically a standing weekly special that happens to coincide with this year’s holiday. Burger King is also joining the celebration, offering Royal Perks members two free cookies in exchange for 150 crowns redeemed through the chain’s app.
Delivery apps and grocery chains get involved
Delivery platform Gopuff is running two cookie-related promotions Tuesday, offering customers the chance to buy two packs of Basically Cookie Thins for $8, along with a 20% discount when purchasing two packs of Crave Shoppe Chocolate Chip Cookie Dough.
Nothing Bundt Cakes is offering Bundtastic Rewards members 100 bonus points when they purchase any size of the chain’s Gluten-Free Chocolate Chip Cookie cake, while Tate’s Bake Shop is treating the first 1,000 customers at its Lexington Avenue and Madison Avenue locations in New York City to a frozen yogurt cup topped with one of the brand’s signature crisp chocolate chip cookies.
Where to find more deals
Beyond the major national chains, smaller local bakeries and regional coffee shops frequently run their own promotions tied to food holidays like this one, and shoppers are encouraged to check social media accounts of their favorite local spots to see whether they’re participating. National retailers with loyalty apps, including grocery chains like Publix and BJ’s Wholesale, have also historically featured limited-time offers tied to the holiday, making it worth checking individual retailer apps and websites for exclusions, participating locations and exact terms before heading out.
A holiday born from two others
National Chocolate Chip Cookie Day is technically a combination of two related but separate food holidays: National Chocolate Chip Day, observed each year on May 15, and National Cookie Day, observed on Dec. 4. The Aug. 4 date specifically celebrates the intersection of the two, chocolate and cookies together, giving fans of the classic treat a dedicated day each summer to seek out deals and freebies from their favorite bakeries and restaurant chains.
What to keep in mind
As with most retail promotions tied to unofficial food holidays, availability can vary significantly by location, and some deals require app downloads, loyalty program membership or minimum purchase amounts to redeem. Shoppers planning to take advantage of Tuesday’s offers are encouraged to double-check participating locations and any fine print before visiting, since not every chain location may honor national promotions uniformly, and several of Tuesday’s deals, including offers from Crumbl and BJ’s, are either ongoing weekly specials or promotions that extend beyond the holiday itself.
Business
Campaigners denied appeal against Gatwick Airport expansion
In a 29-page ruling, they said: “We conclude that each of the grounds of appeal raised by each appellant is unarguable.
“Neither appeal has a real prospect of success. We also consider that there are no other compelling reasons for either appeal to be heard.”
The two senior judges also said that the previous ruling was “detailed and thorough”.
Gatwick is the UK’s second busiest airport and one of the busiest single-runway airports in the world.
The expansion will allow the site to be used for the departures of narrow-bodied planes such as Airbus A320s and Boeing 737s.
Following the decision, Barclay said: “We are very disappointed with the Court’s decision. We took this challenge as far as we could because we believed that the decision to allow Gatwick to expand was fundamentally flawed.
“It was not supported by government policy, would only serve to line the pockets of the airport and airlines, and would do so at the expense of local residents and the climate.”
Cagne said: “Residents should be immensely proud of what they have achieved in holding Gatwick Airport’s shareholders to account.
“This proposed new runway will come at a significant cost to both the taxpayer and the planet.”
Business
Earnings call transcript: Entegris tops Q2 2026 forecasts and shares jump 9%

Earnings call transcript: Entegris tops Q2 2026 forecasts and shares jump 9%
Business
Devwest wins four weeks to deal with tax office liquidation push
Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.
Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get
- Unlimited access to WA’s most trusted business journalism
- Data & Insights — detailed profiles of WA companies, people, projects and deals
- MyBN — a personalised feed based on the companies, people and sectors you follow
- Special publications and industry reports
- Daily and weekly email newsletters
Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:
- Look up detailed profiles of WA companies, including financials, directors and ownership
- Find decision-makers and track their career movements
- Research live and completed projects across WA industries
- Monitor deals, appointments and market activity
- Access industry rankings and league tables
Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.
Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.
MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.
Only subscribers have full access to all content on the Business News website.
If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.
Business News subscribers are:
- Executives and directors tracking competitors, clients and market movements
- Investors and advisers researching companies, deals and industry trends
- Consultants and professionals staying across sectors relevant to their clients
- Business owners looking for leads, context and market intelligence
Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.
The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.
The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.
The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.
We’re happy to help.
Get in touch
and our team will come back to you.
Business
Hercules Capital: Net Asset Value And Dividend Coverage Expands (NYSE:HTGC)
The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of HTGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
How the dry weather affects your supermarket shop
Tomos Morgan visits farm in Vale of Glamorgan to explain how the hot and dry spell affects crops.
Business
LinkedIn ranks top colleges for career success with Princeton No. 1
Marist graduate Samantha Kehler discusses the evolving landscape of the job market in the AI era and shares her experience navigating a world where AI is both a powerful tool for candidates and a significant barrier for entry-level applicants.
A new report by LinkedIn ranked the top 50 colleges in the U.S. based on how they prepare students for long-term success in their careers, using a range of factors that leverage the career networking platform’s data.
The report uses LinkedIn data to rank colleges based on five categories: job placement, internships and recruiter demand, career success, network strength and knowledge breadth.
The job placement data tracks cohorts of recent graduates from 2020 to 2025 who start a full-time position or graduate school program within a year of their graduation, while network strength tracks how connected recent alumni cohorts are to each other as well as to all past alumni and current students.
“We’re seeing students think about career success differently than previous generations. They want to build skills, grow their networks and position themselves for a labor market that’s rapidly changing,” said Andrew Seaman, editor-at-large for jobs and careers development at LinkedIn.
SOUTHERN CITIES DOMINATE RANKINGS OF BEST JOB MARKETS FOR NEW COLLEGE GRADUATES

Stanford University made LinkedIn’s list this year. (David Paul Morris/Bloomberg via Getty Images)
“In today’s slower hiring market, professional relationships can make a meaningful difference. Skills and experience remain critical, but a strong alumni network can help open doors throughout a career, whether that’s through internships, mentorship, professional guidance, or new job opportunities,” Seaman added.
Compared with last year’s report, 43 of the top 50 schools, or 86%, returned to the rankings this year, which LinkedIn explained shows the continued strength of institutions that consistently prepare graduates for long-term career success.
US WORKERS INCREASINGLY TRAPPED IN THE ‘GREAT DETACHMENT’ AS HIRING SLOWS, REPORT SHOWS

Harvard ranked third on this year’s list. (Getty Images)
Seven new schools debuted in the rankings, including Middlebury College (No. 37), Claremont McKenna College (No. 40), Washington University in St. Louis (No. 42), University of North Carolina at Chapel Hill (No. 45), Davidson College (No. 47), Williams College (No. 48) and Bowdoin College (No. 49).
There was modest movement in the top 10 compared with last year’s edition of the report, with Princeton and Duke holding firm in the top two spots. Harvard rose to third and Dartmouth to fifth, while Yale returned to the top 10 with a ninth-place ranking.
WHY 529 PLANS REMAIN A POWERFUL TOOL FOR COLLEGE, TRADE SCHOOL SAVINGS

Princeton remained in the top spot of LinkedIn’s top colleges list. (Loop Images/Universal Images Group via Getty Images)
LinkedIn’s Top 50 Colleges
- Princeton University
- Duke University
- Harvard University
- Massachusetts Institute of Technology
- Dartmouth College
- University of Pennsylvania
- University of Notre Dame
- Cornell University
- Yale University
- Stanford University
- Vanderbilt University
- Brown University
- Babson College
- Northwestern University
- University of Virginia
- Bucknell University
- Wake Forest University
- Tufts University
- Washington and Lee University
- Carnegie Mellon University
- Boston College
- University of Chicago
- Lehigh University
- Columbia University
- Villanova University
- Rice University
- Fairfield University
- Bentley University
- University of California-Berkeley
- Colgate University
- California Institute of Technology
- Georgetown University
- University of Southern California
- University of Illinois Urbana-Champaign
- University of Richmond
- Trinity College
- Middlebury College
- University of Michigan-Ann Arbor
- Southern Methodist University
- Claremont McKenna College
- Bryant University
- Washington University in St Louis
- Providence College
- Miami University
- University of North Carolina at Chapel Hill
- Lafayette College
- Davidson College
- Williams College
- Bowdoin College
- Purdue University
-
Business6 days agoWhy Trees Belong on the Risk Register
-
Fashion4 days agoWeekend Open Thread: Wit & Wisdom
-
Politics4 days agoMeta enters AI-training agreement with far-right ‘propaganda rag’ Newsmax
-
Entertainment7 days ago‘Stargate’ Creator’s New Sci-Fi Series Returns for Season 3 Tomorrow
-
Crypto World3 days agoMicroStrategy Post-Earnings CLARITY Act Push Could Add New Catalyst for Its Stock
-
Politics6 days agoReform UK betrays West Mids residents by running from party pledges
-
Business6 days agoMajor shareholder moves on Canyon
-
Crypto World3 days agoXRP Ledger v3.3.0 brings five institutional features
-
News Videos5 days agoBitcoin Enters the 3rd Stage of the Bear Market
-
Crypto World7 days agoKraken Enables Retail Access to Jersey Mike’s IPO via Tokenized Shares
-
Politics5 days agoLuke Littler’s dominance sparks GOAT debate
-
Sports5 days agoSeema Kaliramna Wins Discus Throw Bronze, Takes India’s CWG Medals Tally To 17
-
News Videos7 days agoClaude: Build Financial Dashboards in Minutes (2026)
-
Crypto World4 days agoNew York sues Kalshi over prediction market gambling
-
Crypto World2 days agoCrypto PAC spending tops $2M in Michigan House race
-
Politics2 days agoZack Polanski: an incitement to murder Nigel Farage?
-
Business7 days agoJohnson & Johnson agrees to $5.5B settlement over talc cancer claims
-
Business4 days agoTrump Announces Hamas Disarmament Agreement as Iran Strikes Kuwait Air Base and US Attacks Pause Overnight
-
Tech6 days agoGemini can now summarize the messiest comment threads in Google Docs
-
Tech2 days agoESET tracks rise in malicious AI skills and adaptable malware

You must be logged in to post a comment Login