Latest in Nike shares hit 5 year low as tariffs and consumer caution threaten sales
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How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - Mar. 13 -
Oakland A’s being valued at $2 billion in sale of new shares of team
John Fisher, managing partner of the Oakland A's, is offering new shares in his MLB team at a $2 billion valuation, according to sources.CNBC - 6d -
South-east Asian markets roiled as investors turn to China
Indonesian stocks hit four-year low and Thailand sees outflows as funds rethink growth story for region’s biggest economiesFinancial Times - 1d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - Mar. 13 -
2-year yield ends at one-week low on Fed’s ‘transitory’ inflation view
U.S. government debt rallied Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation.MarketWatch - 3d -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - Mar. 14 -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - Mar. 14 -
President Trump defends tariffs against allies and threatens more amid volatility in markets
President Trump is threatening a 200% tariff on alcohol from Europe in response to the EU tariff on American-made whiskey. Mr. Trump has defended the current tariffs against allies and downplayed ...CBS News - Mar. 14 -
Germany to reach out to France and UK over sharing of nuclear weapons
But Friedrich Merz cautions such a move could not replace the US’s existing protective shield over Europe. Germany’s chancellor-to-be, Friedrich Merz, has said he will reach out to France and ...The Guardian - Mar. 9 -
Trump floats 250% tariff on dairy from Canada
Jerome Powell's remarks came as Trump threatened new tariffs on Canada.ABC News - Mar. 7 -
BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - Mar. 14 -
Marvin Harrison Jr. jerseys now on sale!
After nearly a year and a settled lawsuit, Cardinals fans can now buy a Marvin Harrison Jr. jersey. They are on sale and available.Yahoo Sports - Mar. 14 -
AI and US tariffs expected to fuel fresh surge in secondhand fashion sales
Use of hi-tech search tools enables shoppers to find items they want, while trade war pushes up prices of new clothes. Artificial intelligence will spur on sales of secondhand clothing, according ...The Guardian - 4d -
Floodwaters threaten parts of Australia's east coast as tropical storm cleanup begins
Australia’s Prime Minister Anthony Albanese has cautioned that the fallout from a vicious tropical storm over the weekend was “far from over.”ABC News - Mar. 10 -
UK retail sales rise ‘modestly’ as consumers remain cautious
Shoppers continued to cut volume of goods they purchased in February, industry data indicatesFinancial Times - Mar. 11 -
It’s Been 5 Years Since Covid Hit, and We Still Love Working From Home
While it’s not surprising, a new survey shows a huge majority of people working remotely since the pandemic say it’s helped them improve their work-life balance. What does this mean for strict ...Inc. - Mar. 12 -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - Mar. 12 -
President Trump threatens additional tariffs on Canada, European Union
The trade war is escalating as President Trump says he may impose additional tariffs on Canada and the EU. Canada has put 25% reciprocal tariffs on nearly $21 billion worth of American imports, ...CBS News - Mar. 13 -
‘It’s happening fast’ – creative workers and professionals share their fears and hopes about the rise of AI
Photographers, translators, academics and GPs are among those whose jobs are either threatened or aided by the tech. Oliver Fiegel, a 47-year-old photographer based in Munich, was reading a German ...The Guardian - Mar. 15 -
Trump threatens additional tariffs against European Union, Canada
President Trump is considering additional tariffs against the European Union and Canada after both announced retaliatory tariffs on the U.S. CBS News correspondent Natalie Brand reports.CBS News - Mar. 13 -
Bruins Hit Latest Low In Brutal Loss To Lightning
The Boston Bruins have fallen back down to Earth big time. After winning each of their first two games following the trade deadline, the Bruins have lost back-to-back games. However, their latest ...Yahoo Sports - Mar. 16 -
Egg prices are falling, with a dozen now less than $5
After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes.NBC News - Mar. 14 -
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.CNBC - Mar. 10 -
Trump threatens to put 200% tariff on French Champagne and other EU spirits
The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.CNBC - Mar. 13 -
Democratic Party hits new polling low, while its voters want to fight Trump harder
The Democratic Party has reached an all-time low in popularity in the latest national NBC News poll, as it searches for a path forward after a painful loss to President Donald Trump — and as the ...NBC News - Mar. 16 -
Best Steam Spring Sale 2025 Game Deals
The Steam Spring Sale has begun, and like previous years, thousands of games have been discounted for the event. This is one of the shorter sales on the Steam calendar, as it only runs from March ...GameSpot - Mar. 13 -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - Mar. 10 -
Trump Threatens 200% Tariff on Champagne and Wine From Europe
The president said he would impose the levies if the European Union did not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.The New York Times - Mar. 13 -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - Mar. 11 -
This could be Tesla’s next plan to recoup China market share
Tesla has lost share to Chinese competitors, while Elon Musk’s political activities have led to steep declines in Tesla sales in Europe.MarketWatch - Mar. 14 -
Trump stands by tariff plans after threatening EU: 'I'm not going to bend at all'
The announcement came in response to tariffs issued by the European Union.ABC News - Mar. 13 -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - Mar. 10 -
Splurge or save? Americans struggle as tariffs hit economy
Families in the US are trying to dodge higher prices from tariffs, as worries rise about the economy.BBC News - 4d -
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.CNBC - 6d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - Mar. 9 -
CrossFit Is for Sale Again Amid Years of Shake-Ups
The search for new owners comes after a tumultuous five years for the fitness company, including an athlete death and financial concerns.The New York Times - Mar. 13 -
U.S. retail sales barely rise, but investors see glimmer of good news in seemingly weak report
Retail sales barely rose in February, in another sign the economy might be weakening as businesses and consumers digest rapid-fire changes being made by the Trump White House.MarketWatch - 6d -
BYD shares rise as Chinese EV maker unveils 5-minute charge
Shares of BYD, the world’s largest electric-vehicle maker by deliveries, rose on Tuesday after the Chinese company said it’s rolling out a system that will recharge a vehicle in about the same time ...MarketWatch - 5d -
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.The New York Times - Mar. 8 -
A Tariff Pile-On Threatens to Escalate a Global Trade War
American trading partners responded swiftly to President Trump’s latest round of levies with countermeasures, creating more uncertainty for C.E.O.s.The New York Times - Mar. 12