Breaking News: Economy
Trump’s trade war shift away from Chinese manufacturing has reached tipping point
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]
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Treasury Secretary Bessent says he has divested his soybean farm
U.S. Treasury Secretary Scott Bessent speaks to the media outside the White House on Nov. 5, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. Treasury Secretary Scott Bessent, a key figure in implementing President Donald Trump’s economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean […]
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Ukraine peace deal is really close, U.S. envoy Kellogg says
Ukrainian President Volodymyr Zelenskyy meets with US President Donald Trump’s Special Representative for Ukraine, General Keith Kellogg, in Washington D.C. on August 18, 2025. Ukrainian Presidency | Anadolu | Getty Images U.S. President Donald Trump’s outgoing Ukraine envoy said a deal to end the Ukraine war was “really close” and now depended on resolving two […]
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Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected
A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower interest rates. The core personal consumption expenditures price index, which excludes volatile food and energy prices, indicated a 0.2% monthly […]
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Asia-Pacific markets slide after subdued Wall Street session
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets opened lower Friday following a subdued Wall Street session. Australia’s ASX/S&P 200 fell 0.17%. Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG […]
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Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more
Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]
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Layoff announcements top 1.1 million this year, the most since 2020 pandemic, Challenger says
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Announced job cuts from U.S. employers moved further ahead of 1 million for the year in November as corporate restructuring, artificial intelligence and […]
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Fanatics lands retail and merchandising deal for 2026 FIFA World Cup
A Fanatics advertisement on the sideline billboard during the NWSL match between Houston Dash and Washington Spirit at Shell Energy Stadium on March 14, 2025 in Houston, Texas. Aaron M. Sprecher | Getty Images Sport | Getty Images Fanatics has struck a deal to run retail and merchandising for the 2026 FIFA World Cup, the […]
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Ukraine, trade, pandas: What China’s Xi and France’s Macron discussed in Beijing
BEIJING, CHINA – DECEMBER 3: French President Emmanuel Macron (R) and Chinese President Xi Jinping walk during a state visit at the Great Hall of the People on December 3, 2025 in Beijing, China. Adek Berry-Pool | Getty Images News | Getty Images China said it was open to importing more goods from France in […]
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Stocks making the biggest moves after hours: Salesforce, Five Below, C3. ai and more
Check out the companies making headlines in after-hours trading. Salesforce — Shares of the software company rose more than 5% in extended trading after Salesforce posted mixed third-quarter results , but guided its fourth-quarter revenue higher. Salesforce earned $3.25 per share, excluding items, in the latest quarter, topping the LSEG estimate of $2.86 per share. Revenue […]
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