World

U.S. Supreme Court rules Trump's tariffs illegal, jolting global trade order

The U.S. Supreme Court on Thursday ruled that broad tariffs imposed by President Donald Trump were illegal, saying the president lacks authority to impose them. In a 6-3 decision, the court found the use of the 1977 International Emergency Economic Powers Act to levy tariffs on virtually all imports infringed Congress' taxing power. The ruling could prompt refund demands and lifted U.S. stocks.

Crypto

Cardano engineer says 4 million won of ADA could be worth 15 million won by 2030

A senior engineer at Cardano developer IOG said a $2,800 investment in Cardano’s ADA could top $10,000 by 2030. Cardano has fallen more than 90 percent from its 2021 high and has struggled to show a clear rebound, fueling community frustration. A Hosky Token account said $10,000 invested four years ago would be worth about $2,800. The engineer argued today’s $2,800 could exceed $10,000, implying ADA reaching at least $1.