Browsing: Business

Shares of American Eagle Outfitters surged 25 percent in after-hours trading on Wednesday, following stronger-than-expected quarterly earnings and a successful marketing campaign featuring actress Sydney Sweeney. The retailer credited the high-profile denim campaign for driving a spike in consumer engagement

American Bitcoin, a cryptocurrency mining and accumulation company backed by Donald Trump Jr. and Eric Trump, made its public trading debut on the Nasdaq on Wednesday, achieving a market valuation of approximately $5 billion. The listing follows a merger with

Macy’s Inc. shares soared 20 percent on Tuesday after the department store chain delivered second-quarter results that beat Wall Street expectations and posted its first increase in comparable sales in three years. The New York-based retailer also raised its full-year

U.S. stocks declined sharply on Tuesday, with the Dow Jones Industrial Average falling nearly 250 points as investors reacted to rising bond yields and growing uncertainty over trade policy. The pullback marked a volatile start to September on Wall Street,

Global trade dynamics are undergoing a seismic shift as the United States, under President Donald Trump, intensifies tariff measures that are straining relations with major economic powers. The latest escalation involving India, one of the world’s fastest-growing economies, highlights how

Canada has formally lifted the majority of its retaliatory tariffs on United States goods, significantly easing trade tensions that have persisted between the two countries since the imposition of reciprocal duties in recent years. The rollback, effective September 1, applies

Shares of Alibaba Group surged nearly 19 percent in Hong Kong trading on Monday, September 1, following stronger-than-expected growth in its cloud computing business and reports of a domestically developed artificial intelligence chip. The rally helped lift emerging market equities,

U.S. spirits giant Brown-Forman reported a sharp 62 percent decline in Canadian sales of its flagship brand Jack Daniel’s, attributing the drop to a widespread boycott of American alcoholic beverages across Canada. The impact, disclosed during the company’s quarterly earnings

The Japanese government has lowered its assessment of corporate profits for the first time in eight months, citing economic stagnation driven by higher United States tariffs on automobiles and key manufacturing exports. The downgrade was published Friday in the Cabinet

Canada’s economy contracted at an annualized rate of 1.6 percent in the second quarter of 2025, marking its first quarterly decline in nearly two years, as exports plummeted under pressure from newly imposed U.S. tariffs. The data, released Thursday by