Homebuilder stocks rallied on Thursday, in a sign that residential construction will benefit from the ruling striking down Trump's tariffs.

The ruling "maybe cost us a week, but then everybody came right back to the table," the commerce secretary said.

President Trump criticized a recent court ruling on his tariff plan on Thursday. He directed criticism to the Federalist Society and expressed disappointment in judicial nominations.

Even if courts block many of President Trump’s tariffs, households would still lose an estimated $950 in purchasing power a year, a Yale analysis shows.

Companies welcomed a court decision striking down President Trump’s tariffs. Then a stay of that ruling left no one breathing easy.

The blockbuster federal court ruling that halts President Donald Trump from imposing some of his most sweeping tariffs rests in part on a legal theory that conservative groups repeatedly used at the Supreme Court to block former President Joe Biden’s agenda.