Monday, December 8, 2025

Here's why Costco is suing over tariffs

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Dec 8 2025

Daniel de Visé | Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

If the Supreme Court decides President Donald Trump's import tariffs are illegal, then American businesses stand to reap refunds for at least some of the money they spent on the taxes.

Costco is perhaps the most prominent retailer to file a lawsuit seeking tariff refunds. But that could be a risky move.

SNAP benefits imperiled in some states

Here's an article explaining why some states could cut food stamp benefits in the next few years, because of a looming change in how the program is funded.

Kids are buying more stocks

Finally, here's a report on a rise in stock investments by children. And guess which stocks they're buying?

📰 More stories you shouldn't miss 📰

•	Is another rate cut coming?
•	Here's how the Netflix-Warner Bros. deal affects your streaming life
•	Which companies have the best customer service?
•	5 key Medicare facts you may not know
•	New car prices keep rising

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

Why is Costco suing the Trump admin over tariffs?

Customers walk in the parking lot outside a Costco store on December 02, 2025 in Chicago, Illinois. Costco is suing the Trump administration for a refund of tariffs the company alleges were improperly imposed by President Trump. The company contends that only Congress has the power to impose tariffs. (Photo by Scott Olson/Getty Images)

Costco is suing to secure a "complete refund" should the Supreme Court strike down many of Trump's tariffs. Small businesses can't afford the fight.

With SNAP food assistance benefits suspended during the government shutdown, food is loaded into a car trunk during a food distribution sponsored by Fulfill for 1000 people in the parking lot at ShoreTown Ballpark in Lakewood late Wednesday afternoon November 12, 2025.

Clock ticks for states to save food stamps for millions of Americans

Millions of Americans may see a cut in SNAP benefits or lose them all together if states can't lower their error rates or pay for their mistakes.

NEW YORK, NEW YORK - DECEMBER 13: In this image released December 16, Founder of Alkali Fintech LLC and Creator of ZGEN Julian Feder and Co-Founder of Alkali Fintech LLC and Co-Creator of ZGEN Eitan Prins-Trachtenberg attend as the Gen Z Team launches the first ever GEN Z centered ETF (ZGEN) at NASDAQ MarketSite on December 13, 2021 in New York City. (Photo by Bryan Bedder/Getty Images for Alkali)

More kids are investing in the markets. See what they're buying

More kids jumped into the market in 2025, according to Greenlight. See what they invested $70 million in and what else they do with their money.

Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. (Photo by Alex Wong/Getty Images)

Another rate cut, division expected at December Fed meeting

While a rate cut is expected, it's not guaranteed as division grows among Fed officials and they remain without recent key economic data.

What does the Netflix-Warner Bros. deal mean for the future of streaming?

Both sides of the aisle: Netflix-Warner Bros. deal faces backlash

Netflix's bid for Warner Bros. promises a massive content library but faces political scrutiny and raises questions about subscribers' choices.

Which companies have the best customer service? See results of study

A study by USA TODAY and Plant-A Insights analyzed which companies offer the best customer service for 2026.

A person at a desk.

5 essential Medicare facts you probably don't know — but should

It's important to understand the ins and outs of this key program. But there are some aspects of Medicare you may not be so familiar with.

Woody Gontina, 49, Royal Oak, takes delivery of his new Ford F-150 Lightning that he purchased from New Car Salesman Liam Belill, 28, of Flushing, Mich. at Szott Ford dealership in Holly, Mich. on Thursday, Aug. 8, 2024.

Sticker Shock: Why Shoppers Are Waiting to Buy Cars

Tariffs, high rates, and fading EV credits are driving car prices higher. Here's what it means for shoppers in 2025

Treasurer of the United States Brandon Beach holds the last penny stamped at the US Mint on November 12, 2025 in Philadelphia, Pennsylvania. Beach pressed the final pennies at an event held at the facility. The pennies pressed bear a special 'Omega' and will not be put in circulation, but will be auctioned off.

See the U.S. Mint bid goodbye to pennies with Omega-stamped finale

The last penny was stamped by Treasurer Brandon Beach at the Philadelphia U.S. Mint on Nov. 12, 2025, as part of an effort to retire the coin that now costs more to produce than it is worth.

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