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Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’
FinanceWhy Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’
By Nino PaoliJune 27, 2025
Fortune 500 giants Nike and Walmart are warning of upcoming price hikes, but tariff-wary Americans are already pulling back on spending
EconomyFortune 500 giants Nike and Walmart are warning of upcoming price hikes, but tariff-wary Americans are already pulling back on spending
By Christopher Rugaber and The Associated PressJune 27, 2025
Bessent says new U.S.-China deal is a sign of ‘de-escalation’ after Trump’s trade war roiled global markets
PoliticsBessent says new U.S.-China deal is a sign of ‘de-escalation’ after Trump’s trade war roiled global markets
By Elaine Kurtenbach, Will Weissert and The Associated PressJune 27, 2025
Donald Trump points his index finger at cheering workers dressed in bright green construction vests with orange and grey stripes.
EconomyBank of America says tariffs might spark a ‘reshoring’ boom—but experts say it might be a double-edged sword for the economy
By Greg McKennaJune 27, 2025
Trump says the U.S. and China have signed a trade deal but doesn’t offer any details
EconomyTrump says the U.S. and China have signed a trade deal but doesn’t offer any details
By Elaine Kurtenbach and The Associated PressJune 27, 2025
Lutnick says U.S.-China trade truce signed, 10 deals imminent
PoliticsLutnick says U.S.-China trade truce signed, 10 deals imminent
By Jennifer A. Dlouhy, Kailey Leinz, Joe Mathieu and BloombergJune 27, 2025
Stock markets touch record highs in sharp turnaround from April trough
FinanceStock markets touch record highs in sharp turnaround from April trough
By Irina IvanovaJune 26, 2025
Agentic AI spending could reach $155 billion by 2030, say BofA analysts
NewslettersAgentic AI spending could reach $155 billion by 2030, say BofA analysts
By Sheryl EstradaJune 26, 2025
Left: President Donald Trump. Right: FOMC chairman Jerome Powell.
FinanceTrump’s war against Fed Chair Jerome Powell is crushing the value of the U.S. dollar
By Jim EdwardsJune 26, 2025
Japan reiterates it cannot accept 25% car tariffs from U.S.
PoliticsJapan reiterates it cannot accept 25% car tariffs from U.S.
By Yoshiaki Nohara and BloombergJune 26, 2025
FedEx warns of pain ahead with tariffs weighing on demand
FinanceFedEx warns of pain ahead with tariffs weighing on demand
By Cailley LaPara and BloombergJune 25, 2025
Federal Reserve Chair Jerome Powell
NewslettersThe three issues keeping Fed Chair Jerome Powell up at night
By Sheryl EstradaJune 25, 2025
Anthropic CEO Dario Amodei testifies during a Senate hearing on July 25, 2023 in Washington, D.C. (Photo: Alex Wong/Getty Images)
NewslettersCopyrighted books to train AI? Fair. Storing them? Not so much.
By Andrew NuscaJune 25, 2025
Beijing’s No. 2 says China is growing into a ‘major consumption powerhouse,’ even amid ‘intensifying’ trade frictions
PoliticsBeijing’s No. 2 says China is growing into a ‘major consumption powerhouse,’ even amid ‘intensifying’ trade frictions
By AFPJune 25, 2025
Oil down, hopes up, ‘risk-on’: Stocks are back near their all-time highs
FinanceOil down, hopes up, ‘risk-on’: Stocks are back near their all-time highs
By Jim EdwardsJune 25, 2025
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