tariffs

Dick’s Sporting Goods Sales Rise as Consumers ‘Prioritize Activities’

Dick’s Sporting Goods Sales Rise as Consumers ‘Prioritize Activities’
Dick’s Sporting Goods Sales Rise as Consumers ‘Prioritize Activities’
May 28, 2025  |  Earnings

Dick’s Sporting Goods says that even amidst tariff worries, people want to be active. It’s that mindset that the athletics retailer said helped drive a...

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Shein Reportedly Looks to Hong Kong After Derailed UK IPO
Shein Reportedly Looks to Hong Kong After Derailed UK IPO
May 28, 2025  |  IPO

Fast fashion retailer Shein has reportedly chosen a new location to go public. The China-founded company is now looking to list in Hong Kong after failing to...

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Tariffs Force 81% of Middle-Market CFOs to Abandon Long-Term Investments for Short-Term Tactics
Tariffs Force 81% of Middle-Market CFOs to Abandon Long-Term Investments for Short-Term Tactics
May 28, 2025  |  Economy

Think consumers are worried about how much more they’ll pay this summer for a new sofa or barbecue grill thanks to the President Donald Trump...

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The Conference Board: Consumer Confidence Rises After US-China Trade Deal
The Conference Board: Consumer Confidence Rises After US-China Trade Deal
May 27, 2025  |  Consumer Insights

Consumer confidence picked up in May after five months of decline, The Conference Board said Tuesday (May 27). The Conference Board attributed the rise to...

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Temu Parent PPD’s Profits Fall 38% Amid Tariff Pressures
Temu Parent PPD’s Profits Fall 38% Amid Tariff Pressures
May 27, 2025  |  Earnings

The parent of Chinese eCommerce giant Temu said tariffs helped eat into its quarterly profits. PDD Holdings attributed this 38% year-over-year decline in the first...

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Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’
Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’
May 27, 2025  |  SMBs

While Wall Street rejoiced at the U.S.-China tariff truce, small businesses have less to celebrate. As The New York Times (NYT) reported Tuesday (May 27), these enterprises...

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Tariff Turbulence Drives Operational Overhaul of US Mid-Sized Firms
Tariff Turbulence Drives Operational Overhaul of US Mid-Sized Firms
May 27, 2025  |  Supply Chain

America’s mid-sized firms, with annual revenues ranging from $1 billion to $5 billion, are often the backbone of their communities. Yet in the modern era...

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China Wants Banks to Up Yuan Use in Cross-Border Transactions
China Wants Banks to Up Yuan Use in Cross-Border Transactions
May 26, 2025  |  Cross-border Payments

China’s central bank is reportedly asking lenders to use more yuan in cross-border transactions. The People’s Bank of China has increased the base ratio for...

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