Weak China Retail Sales Add to Pressure on Beijing to Lift Economy
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Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.
Kohl’s has “identified key areas of focus,” CEO Ashley Buchanan said.MarketWatch - 4h -
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 - 2d -
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 - 3d -
New Chinese tariffs add pressure on American farmers amid ongoing trade war
China's new tariffs on U.S. agricultural goods take effect today, cutting into American farmers' largest overseas market. The move follows the White House's decision to end a major source of farm ...CBS News - 1d -
China’s consumer prices fall for first time in more than a year
Index declines 0.7% as deflationary pressures continue to weigh on world’s second-largest economyFinancial Times - 2d -
China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.CNBC - 1d -
UK retail sales rise ‘modestly’ as consumers remain cautious
Shoppers continued to cut volume of goods they purchased in February, industry data indicatesFinancial Times - 1d -
China hits Canada with retaliatory tariffs on agricultural products
Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehiclesFinancial Times - 3d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 2d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 10h -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 1d -
China’s delivery platforms compete to offer better worker benefits
Leading players act as competition intensifies and Beijing points out their ‘national responsibility’Financial Times - 22h -
Dalai Lama says his successor to be born outside China
The Dalai Lama’s successor will be born outside China, the spiritual leader of Tibetan Buddhism says in a new book, raising the stakes in a dispute with Beijing over control of the Himalayan region ...NBC News - 21h -
Dalai Lama says his successor will be born outside China in the ‘free world’
New book by spiritual leader of Tibetan Buddhism will raise the stakes in a dispute with Beijing over control of Tibet. The Dalai Lama’s successor will be born outside China, the spiritual leader ...The Guardian - 21h -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - 6h -
U.S. farmers react to China's retaliatory tariff increase
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soybeans. Lana Zak reports from Mount Vernon, Iowa. Then, Ed O'Keefe has the latest on ...CBS News - 1d -
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.The New York Times - 1d -
As Trump shakes the international order, China casts itself as a model of stability
Even as its economy slows, China is using its annual National People's Congress to present itself as a global stalwart as Trump upends America's alliances.NBC News - 2d -
China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - 2d -
Facebook ‘worked hand in glove’ with China on censor tools, claims ex-director
Social media company considered letting Beijing control content for access to its lucrative market, BBC told.BBC News - 1d -
Rays owner reportedly being ‘pressured’ to sell team by MLB commissioner Rob Manfred, other team owners
A sale is not imminent, but there are apparently several people in the league trying to convince Stu Sternberg to sell the Rays.Yahoo Sports - 1d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 11h -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - 4d -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 3h -
Martin Wolf talks to Keyu Jin: Has China’s economy run out of gas?
The property crash and trade war are taking their tollFinancial Times - 1d -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - 1d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 1d -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - 23h -
US lifts military freeze on Ukraine
Presented by GE Aerospace — The U.S. will immediately restore military aid and intelligence sharing to Ukraine following bilateral talks in Jeddah, Saudi Arabia. {beacon} Defense &National Security ...The Hill - 1h -
Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War
The largest department store chain in the United States, like many other retailers, has warned that shoppers may be more cautious in the months ahead.The New York Times - 5d -
China is poised to dominate biotechnology in the 21st century
Signs of China’s ascendance in biotechnology are everywhere.The Hill - 2d -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - 3d -
Oracle misses on earnings and issues weak revenue guidance
Oracle missed analysts' expectations for the third quarter.CNBC - 1d -
Saudi Arabia lifted a ban on cinemas. Now it just needs people to turn up
Local box office has struggled since movie ban was lifted in 2018Financial Times - 2d -
Pope Francis' prognosis has been 'lifted' on 25th consecutive day in hospital
Pope Francis' prognosis has been "lifted" on Monday, his 25th consecutive day in the hospital, according to the Vatican.ABC News - 1d -
A Sensitive Complex Housing a CIA Facility Was on GSA's List of US Properties for Sale
Plans to redevelop a Northern Virginia warehouse site have long been complicated by the area’s worst-kept secret—the presence of a CIA facility. The GSA put the site up for sale anyway.Wired - 5d -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - 3d -
Jaguars reportedly signing former Commanders WR Dyami Brown
Jacksonville adds a needed weapon on offense.Yahoo Sports - 1d -
Syria's neighboring foreign ministers call for lifting sanctions and reconciliation
Syria’s top diplomat and his counterparts from neighboring countries have called for the lifting of Western-led sanctions and post-war reconciliationABC News - 2d -
Pope has 'peaceful night' after his prognosis improves and is lifted
The pope rested peacefully overnight after his prognosis was "lifted" on Monday as he begins his 26th straight day in the hospital, the Vatican said.ABC News - 10h