Amy Morris
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Podcast Appearances
Nike shares are about 3% lower in the post-market.
A federal judge has ordered the Trump administration to suspend its construction of a $400 million ballroom where it demolished the east wing of the White House.
The judge granted a preservationist group's request for a preliminary injunction temporarily halting Trump's White House ballroom project.
The judge wrote that the president is a steward of the White House, not its owner.
The National Trust for Historic Preservation sued for an order to pause the ballroom project until it goes through multiple independent reviews and wins approval from Congress.
A federal judge has agreed to permanently block the Trump administration from implementing a presidential directive that would end federal funding for NPR and PBS, calling the order unlawful and unenforceable.
The judge says the First Amendment right to free speech does not tolerate viewpoint discrimination and retaliation.
Last year, Trump said at a news conference he would love to defund NPR and PBS because he believes they're biased in favor of Democrats.
NPR claims the Republican president wants to punish it for the content of its journalism.
Job openings fell, hiring slowed notably in February.
pointing to cooler labor demand before the war in Iran triggered additional uncertainty.
The Labor Department says vacancies decreased to 6.88 million from an upwardly revised 7.24 million in January.
After a pickup in openings at the start of the year, the slowdowns in hiring and vacancies indicate employers are proceeding cautiously after a year of near-zero job growth.
Consumer confidence unexpectedly rose in March on slightly more upbeat views of business and labor market conditions.
The conference board's senior U.S.
economist, Yelena Shilacheva, says this is a surprise.
But it also measures the first few weeks of the war in Iran.
Consumer confidence remains subdued compared to recent years as consumers stay cautious about their job prospects and inflation.
Unilever has agreed to combine its food business with spice maker McCormick and a $44.8 billion deal to create a global seasonings, sauces, and condiments company, which would have a revenue of about $20 billion.
Unilever shares fell more than 7% in the regular session.