Economy
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports...
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Procter & Gamble to cut 7,000 jobs as part of broader restructuring
Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
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Economy
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by...
Economy
A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in...
Economy
Millions flock to Barcelona every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of locals marched through...
Economy
The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to...
Economy
The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market...
Economy
More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While...
Economy
Inflation may be cooling, but consumers’ outrage over higher prices is running hot. TikTok users blasted Walmart for rolling out digital shelf labels that...
Economy
Target will soon stop accepting personal checks as a form of payment at checkout. In a statement to NBC News, the retail giant said...
Economy
Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly...
Economy
The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two...
Economy
Cathy Balestriere was expecting “especially low” bookings last month at Crane’s Beach House, the boutique hotel she manages in Delray Beach, Florida. Instead, they...
Economy
Boeing will plead guilty to a criminal fraud charge tied to fatal 737 Max crashes, the Justice Department said Sunday, months after U.S. prosecutors said...
