News

bg
Federal trade court strikes down Trump's reciprocal tariffs

Federal trade court strikes down Trump's reciprocal tariffs

Three judges found that a 1977 law invoked by the White House did not actually give...

bg
Xi wants to boost China's advanced manufacturing prowess — and Trump may not like it

Xi wants to boost China's advanced manufacturing prowess...

Beijing's renewed commitment to advanced manufacturing could run counter to Trump's...

bg
Bank of Korea cuts interest rates for the fourth time, flags more cuts ahead

Bank of Korea cuts interest rates for the fourth time,...

South Korea continued to grapple with heightened political uncertainty following...

bg
Abercrombie & Fitch soars 27% even as retailer slashes profit outlook due to tariffs

Abercrombie & Fitch soars 27% even as retailer slashes...

Abercrombie & Fitch's growth is slowing at its namesake brand and the company...

bg
GameStop drops 9% despite initiating bitcoin buying plan with $500 million purchase

GameStop drops 9% despite initiating bitcoin buying plan...

The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with...

bg
Meme retailer GameStop buys first bitcoin batch, scooping up $500 million

Meme retailer GameStop buys first bitcoin batch, scooping...

The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with...

bg
Macy's CEO says retailer will hike some prices as tariffs cut into profits

Macy's CEO says retailer will hike some prices as tariffs...

Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook...

bg
Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue

Goldman-backed Starling Bank reports 26% profit drop as...

British neobank Starling posted an annual profit before tax of £223.4 million, down...

bg
GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million

GameStop shares rise as retailer meme stock buys first...

The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with...

bg
Macy’s cuts profit outlook as tariffs, promotions hit its business

Macy’s cuts profit outlook as tariffs, promotions hit its...

Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook...