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August 4, 2023
The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows cheap products like $10 dresses to land in U.S. mailboxes tariff-free. This happens thanks to a "de minimis" rule exempting packages valued at $800 or less from tariffs as long as they're addressed and shipped to individuals. The exemption is open to all retailers but is most heavily used by Shein and PDD Holdings' Temu, and pot...
August 4, 2023
By Karen Freifeld (Reuters) - President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive te...
August 4, 2023
By Karen Freifeld (Reuters) - President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive te...
August 4, 2023
By Karen Freifeld (Reuters) - President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive te...
August 4, 2023
President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China early next week, according to people familiar with the...
August 2, 2023
Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis shows, a decline coming as top supplier Russia intensifies its...
August 2, 2023
By Tom Polansek CHICAGO (Reuters) - Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade...
July 31, 2023
Singapores sovereign wealth fund Temasek invested the smallest amount since 2019 during its last fiscal year, as it waited for when pricing got more to its liking. Now, its starting to see what it...
July 28, 2023
Two hedge funds have placed bets that bonds issued by life insurance company Lincoln National Corp will fall or that its default risk will increase, due to their concerns about the companys...
July 20, 2023
WASHINGTON (Reuters) -A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target cryptocurrency companies, according to two sources familiar with the matter. The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company’s systems to target its cryptocurrency company clients in an effort to steal digital cash, the sources said. The hack shows how North Korean cyber spie...