The U.S. Supreme Court on Tuesday cleared the way for Donald Trump's administration to pursue mass government job cuts and the sweeping downsizing of numerous agencies, a decision that could lead to tens of thousands of layoffs while dramatically reshaping the federal bureaucracy.

The Supreme Court is allowing President Donald Trump to move forward with an executive order mandating a restructure of federal agencies and mass layoffs of workers.

The Supreme Court on Tuesday backed President Donald Trump’s effort to carry out mass firings and reorganizations at federal agencies, putting on hold a lower court order that had temporarily blocked the president from taking those steps without approval from Congress.

President Trump just reminded Wall Street the trade war never really ended. On Monday, stocks slipped across the board after Trump announced a sweeping new round of tariffs on imports from South Korea,

President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,

The dollar rose to its highest level in more than a week, extending gains as President Donald Trump started to unveil his proposals for US trade tariffs.