AI Summary
→ WHAT IT COVERS Wall Street Journal editors preview 2026's top business stories: Trump's tariff legality at Supreme Court, AI profitability concerns, and fundamental shifts in global trade policy. → KEY INSIGHTS - **Tariff Authority:** Supreme Court reviews Trump's power to impose tariffs without congressional approval, a decision that could reshape executive trade policy and impact ongoing international economic relationships in 2026. - **AI Investment Bubble:** Wall Street pours massive capital into AI data centers and infrastructure, but concerns mount about whether companies can generate profits and sustain momentum before triggering market corrections. - **Business Foundation Shift:** Trump administration policies on tariffs, electric vehicles, and food regulation fundamentally alter how American businesses operate, potentially ending the previous global economic framework without returning to pre-2025 conditions. → NOTABLE MOMENT Host proposes moving Christmas to February 14 and Valentine's Day to December 25 to spread out fall holidays and fill the winter doldrums with festive activity. 💼 SPONSORS [{"name": "U.S. Bank", "url": "https://usbank.com"}, {"name": "PayPal", "url": "https://paypal.com"}] 🏷️ Trump Tariffs, AI Economics, Trade Policy