FEAR & GREED | Business News Court rejects Trump’s tariffs; eco growth under pressure; green homes worth 15pc more
May 29, 2025
A US court's rejection of Trump's tariffs shakes global markets and leaves uncertainty in its wake. Economic growth faces pressure with declining business investments. On the brighter side, energy-efficient homes are now selling for about 15% more than traditional ones. The beauty industry sees a major shift as Hailey Bieber's cosmetics brand sells for a whopping $1 billion, boosting her net worth significantly. Meanwhile, the real estate sector comes under scrutiny from regulators in a landscape filled with challenges.
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Court Limits Presidential Tariff Power
- A US trade court ruled that President Trump overstepped his authority imposing sweeping tariffs without Congress approval.
- This legal precedent challenges executive power and may escalate to the Supreme Court, affecting trade policy enforcement.
Business Investment Slows Economic Growth
- Business investment in Australia remains low, dragging economic growth and productivity.
- Increasing business investment is essential to stimulate economic growth and avert slower GDP expansion.
Energy Efficient Homes Worth More
- Energy efficient homes command a premium, selling for up to 15% more than traditional homes.
- Features like solar panels and double glazing drive higher resale values and buyer demand.