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Business

China-Founded E-Commerce Sites Say They’re Raising Prices Due To Tariffs

NASHVILLE, Tenn. (AP) — China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a ...

Walgreens Tops Second Quarter Forecasts

Walgreens delivered a better-than-expected fiscal second quarter and smaller loss a month after announcing that it would be bought by a private equity firm. The drugstore chain booked pharmacy sales gains, and its struggling VillageMD clinic business delivered a smaller balance sheet hit in ...

Fueling Fears

NEW YORK (AP) — Wall Street could soon be in the claws of another bear market as the Trump administration’s tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. The last bear market happened in 2022, but this decline feels ...