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A copy of the Ten Commandments is posted along with other historical documents in a hallway of the Georgia Capitol, June 20, 2024, in Atlanta. John Bazemore/AP hide caption toggle caption John Bazemore/AP A U.S. appeals court has cleared the way for a Louisiana law requiring poster-sized displays of the Ten Commandments in public school classrooms to take effect. The 5th U.S. Circuit Court of Appeals voted 12-6 to lift a block that a lower court first placed on the law in 2024. In the opinion released Friday, the court said it was too early to make a judgment call…

The gap is widening between rival toy makers Hasbro and Mattel — thanks in part to a 30-year-old trading card game. The toy giants have flip-flopped dominance in the space for decades, jockeying for the most coveted master licenses to put new fan favorites — Disney princesses and “Star Wars” characters among them — on store shelves. But as the industry recovers from a period of declining sales, Hasbro is the one winning over Wall Street.For the fiscal year 2025, Hasbro reported revenue gains of 14%, reaching $4.7 billion, while Mattel saw its net sales drop 1% to $5.3 billion.Though…

Corippo’s parents had purchased a small piece of land near the national park in California when real estate prices were low, unsure what to do with it.When they started toying with the idea of building a cabin on the land, Corippo, her brother, and her sister decided to pool their resources and invest in the build with her parents.”When we were little, my parents invested in Apple stock, which they bought for nothing,” Corippo said. “We used those Apple stocks in our savings to invest in this first home.”The 650-square-foot house became a family project. It had one bedroom, a…

The software sell-off hasn’t been pretty.Thanks to fears that artificial intelligence would make software businesses obsolete, stocks like Salesforce, Oracle, Workday, and more have shed trillions of dollars in market cap.Who in the $5.2 trillion hedge fund industry has been stung by this sell-off isn’t entirely clear. Still, a recent release of regulatory filings of funds’ holdings reveals which managers were most exposed to the sector at the start of the year. It’s unclear if these funds sold their stakes before the sell-off began or have weathered the losses.One manager who stands out is Brennan Diaz’s Fernbridge Capital, a stockpicking…

Steve Hanke says there’s excessive buzz around AI — and it could end badly.The veteran trader and economist told Business Insider by email that he agrees with Yann LeCun, Meta’s former chief AI scientist and a pioneer in the field, who’s warned that large language models (LLMs) such as ChatGPT just aren’t that revolutionary.Hanke quoted a speech by LeCun in the spring of 2024, where he said: “We’re easily fooled into thinking they are intelligent because of their fluency with language, but really, their understanding of reality is very superficial.”LeCun added that the chatbots have their uses but “on the…

My whole life, it felt like I was promised that if I got an undergraduate degree from a great university, I would get a good job and build a stable life for myself. Reality has been a lot messier.In May 2024, I graduated from New York University with a degree in media studies and a minor in the entertainment business. Throughout college, I held multiple internships in political campaigns and magazines, was active on my school’s newspaper, networked, did well in my classes, and learned as much as I could.NYU was my dream school for so long, and my experience…

President Trump excoriated the Supreme Court majority that struck down his use of emergency powers to implement international trade tariffs. Kevin Dietsch/Getty Images hide caption toggle caption Kevin Dietsch/Getty Images At this time last year, President Trump warmly shook hands with Chief Justice John Roberts at the State of the Union address, thanking him for the opinion he authored granting Trump and other presidents in the future expansive immunity from prosecution for their official acts after leaving office. But on Friday, after the Supreme Court invalidated Trump’s tariffs, the president was singing a decidedly different tune. At a hastily called…

The watch world breathed a collective sigh of relief over the Supreme Court’s decision on President Donald Trump’s trade policy.In a 6-3 decision on Friday, the court ruled that imposing most of Trump’s tariffs exceeded his authority under a 1970s law. The ruling is a hefty blow to the policies he put in place against foreign countries, which companies have had to reckon with for nearly a year.Watch dealers have told Business Insider that they and their shoppers stand to benefit from the ruling. Pre-owned watch retailer SwissWatchExpo CEO Eugene Tutunikov said it would likely lead to lower pre-owned watch…

The Trump administration’s cornerstone policy just suffered a major setback — but it’s not bad news for everyone.In a 6-3 decision, the Supreme Court ruled on Friday morning that the president does not have the authority to impose tariffs using the International Emergency Economic Powers Act. Most of the tariffs Trump imposed in 2025, including the “reciprocal” tariffs and the 10% baseline duties, made under IEEPA, have now been ruled illegal.From consumers to the Trump administration, here is who will stand to benefit from the SCOTUS ruling, and who loses out.The winnersTrade lawyersBusinesses, large and small, that want to get…

This as-told-to essay is based on a conversation with Marc Bowker, owner of Alter Ego Comics, a comic book shop in Lima, Ohio, after the Supreme Court overturned some of President Donald Trump’s tariffs. This story has been edited for length a clarity.My first reaction to the Supreme Court decision was, “This is awesome and long overdue.” The second was, “Okay, what’s next?”Then I saw the president say there would now be a new 10% global tariff and that the Supreme Court justices who ruled against him are unpatriotic and unloyal. So it feels like this is going to drag on forever…