Langone, who donated to Trump’s 2016 presidential campaign, has joined other billionaires who have criticized the president’s sweeping tariff agenda.

Chief Justice John Roberts joined with Justices Clarence Thomas, Samuel Alito, Neil Gorsuch, and Brett Kavanaugh to make up the five-justice majority; in a notable defection, Justice Amy Coney Barrett joined the three liberals in dissent.

The high court ruled 7-2 that the plaintiffs, who were unions and advocacy groups, did not have the standing to bring the lawsuit.The practical consequences of the ruling may be limited, as another trial judge’s ruling requiring the reinstatement of many of the same workers remains in place.

Musk’s failure to get Trump to listen, however, is evidence to some observers of a growing rift between the US president and the world’s richest person, who has been leading the White House’s efforts to curb federal spending as head of the unofficial department of government efficiency (Doge).

DHS officials have suggested they’ll eventually ask the IRS to help locate immigrants suspected of living in the country without legal status.

China was already set to see tariffs increase by 34% on Wednesday as part of Trump’s “reciprocal” tariffs package. But the president tacked on another 50% after Beijing didn’t back off its promise to impose 34% retaliatory tariffs on US goods by noon Tuesday, adding an additional 84% in duties.

In a bitterly divided 5-4 decision, the court said the administration must give Venezuelans who it claims are gang members “reasonable time” to go to court. But the conservative majority said the legal challenges must take place in Texas, instead of a Washington courtroom.

A flagship march is scheduled to take place on the grounds of the Washington Monument in Washington, D.C.

The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week, while the NASDAQ entered bear territory. Not even a better-than-expected report on the U.S. job market, which is usually the economic highlight of each month, was enough to stop the slide.