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Speaking to CNBC's Squawk Box after breakthrough trade talks in Geneva, Treasury Secretary Scott Bessent projected unwavering ...
The People’s Bank of China (PBOC) announced a cut to its benchmark lending rates for the first time since October, accompanied by parallel reductions in deposit rates by major state-owned banks.
Target revised its annual sales forecast downward following quarterly drops in same-store sales. The declines are attributed ...
Nike is set to raise prices on some trainers and clothing in the US from early June, weeks after rival Adidas warned it would ...
Nike is set to increase the prices of its popular athletic shoes and apparel from $2 to $10 per piece in response to ...
Following the two-day economic and trade meeting in Geneva, China and the US announced a landmark joint statement on May 12 ...
Nike is the latest retailer to announce price hikes amid President Donald Trump’s elevated import tariffs. See what retail companies have done so far.
While trade issues remain — including port fees, fentanyl-related tariffs and sector-specific tariffs — the temporary reduction of levies effectively avoids the acute risk of supply chain disruptions ...
President Donald Trump’s tariffs aim to revive U.S. manufacturing and the cities where it happens. But in Belvidere, Illinois ...
- Asian equities followed US equities down, with the Kospi underperforming -1.3%. - USD/KRW +0.5%, JPY/KRW +0.8%; Came amid a North Korea "serious accident" at a navy ship launch. North Korea said to ...