Fossil, a well-known brand in the world of fashion accessories, is in hot water. It's filed for Chapter 15 bankruptcy in the U. S. , pointing fingers at U. S. tariffs and tech giants like Apple and Samsung. This move comes after Fossil proposed a restructuring plan in the U. K. to tackle its growing
Ken Griffin, the big boss of Citadel, recently shared his thoughts on AI at a big finance conference. While many on Wall Street are excited about using AI to pick stocks, Griffin isn't convinced it's the magic solution. He said AI can help with some tasks, but it's not great at finding those specia
Canada is taking action to ease the strain on its economy by offering relief on certain steel and aluminum products from the U. S. and China. This move comes as a response to the ongoing trade war that has been hurting Canadian businesses. The government has been in talks with both the U. S. and Ch
The US tariffs have been a big headache for global companies, costing them over $35 billion. But there's a silver lining: many are adjusting to the new reality and even lowering their initial cost estimates. The tariffs, which are at their highest since the 1930s, have caused a lot of uncertainty.
In the past half year, many people across the US have felt a significant impact on their daily lives due to rising prices and scarce goods. This is especially true for those with fixed or limited incomes. The situation has led to changes in shopping habits and lifestyle choices. For instance, a tea
The United States and China are set to meet again to talk about trade. This time, it's to stop a fight over taxes on goods. President Trump said these taxes can't go on forever. He also said China made him do it. China has been putting limits on rare earth minerals. These are important for making t
People in the US are facing new problems when they buy things from other countries. This is because of changes in rules about taxes on imports, called tariffs. These changes are making it harder and more expensive to get packages from abroad. For example, someone in Alabama wanted to buy wine from
The sudden downfall of First Brands has put a spotlight on factoring, a type of supply chain finance that's not always clear to see. Investors are now taking a closer look at auto-parts manufacturers, wondering if more companies in this industry could be at risk. The worry? These companies might be
Crypto markets took a massive hit recently. All because of a tweet. Donald Trump posted something about tariffs with China. Within 30 minutes, crypto lost $600 billion. That's a huge drop. Many coins lost almost all their value. Some even dropped 99%. Cosmos and Ravencoin were among the worst hit. T
Bitcoin took a wild ride over the weekend. Prices dropped sharply after President Trump announced plans for new tariffs on Chinese goods. But by Monday, things had calmed down. Some people think someone made a huge bet against Bitcoin just before the news broke. They even think it might have been so
