Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein ...
Tag: United States
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
China and the U.S. are in a race to create the first grid-scale nuclear fusion energy. After decades of U.S. ...
Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois.Scott Olson ...
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | ...
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on ...
DeepSeek AI cranks open the spigots on Chinese venture capital
BEIJING — DeepSeek's artificial intelligence breakthrough is stirring up China's venture capital world after three straight years of decline.As DeepSeek ...
Here’s why banks don’t want the CFPB to disappear
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, ...
Bitcoin falls over 5% as volatility continues after Trump’s bitcoin reserve plan
Jonathan Raa | Nurphoto | Getty ImagesBitcoin fell on Monday as volatility in the price of the world's largest cryptocurrency ...
DOGE layoffs may ‘overwhelm’ unemployment system for federal workers, report finds
President Donald Trump listens during a Cabinet meeting at the White House on Feb. 26, 2025.Andrew Harnik | Getty Images ...
Costco reports mixed second-quarter earnings, comparable sales growth
Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter as quarterly comparable sales ...
