内容摘要：Cisco Systems was another winner and rose 4.8% after the tech giant likewise topped expectations for profit. Analysts said they’re optimistic about Cisco’s artificial-intelligence prospects.

Cisco Systems was another winner and rose 4.8% after the tech giant likewise topped expectations for profit. Analysts said they’re optimistic about Cisco’s artificial-intelligence prospects.

It was unclear what such a decision might look like, but a majority of the court expressed concerns about would happen if the Trump administration were allowed, even temporarily, to deny citizenship to children born to people who are in the United States illegally.The justices heard arguments in the Trump administration’s emergency appeals over lower court orders that have kept the citizenship restrictions on hold across the country.

Tanjam Jacobson, of Silver Spring, Md., holds a sign saying “Citizenship is a Birthright,” Thursday, May 15, 2025, outside the Supreme Court in Washington. Jacobson is a naturalized U.S. citizen who was born in England of Indian descent, and her son was born here. “This is something that really matters,” says Jacobson, “it’s so wrong against the constitution [to take away birthright citizenship].” (AP Photo/Jacquelyn Martin)Tanjam Jacobson, of Silver Spring, Md., holds a sign saying “Citizenship is a Birthright,” Thursday, May 15, 2025, outside the Supreme Court in Washington. Jacobson is a naturalized U.S. citizen who was born in England of Indian descent, and her son was born here. “This is something that really matters,” says Jacobson, “it’s so wrong against the constitution [to take away birthright citizenship].” (AP Photo/Jacquelyn Martin)Nationwide injunctions have emerged as an important check on Trump’s efforts to remake the government and a source of mounting frustration to the Republican president and his allies.

Judges have issued 40 nationwide injunctions since Trumpin January, Solicitor General D. John Sauer told the court at the start of more than two hours of arguments.

Birthright citizenship is among several issues, many related to immigration, that the administration has asked the court to address on an emergency basis.

The justices also are considering the Trump administration’s pleas toThat uncertainty has been hitting U.S. households and businesses, raising worries that they may freeze their spending and long-term plans in response, which would hurt the economy. The latest reading in a survey of U.S. consumers by the University of Michigan showed

, though the pace of decline wasn’t as bad as in prior months.Perhaps more worryingly, expectations for coming inflation keep building, and U.S. consumers are now bracing for 7.3% in the next 12 months, according to the University of Michigan’s preliminary survey results. That’s up from a forecast of 6.5% a month before.

When everyone expects inflation to be high, it could kick off a vicious cycle of behavior that only worsens inflation.To be sure, only some of the University of Michigan’s survey responses for the preliminary May reading came after the United States and China announced their 90-day truce.