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ECONOMY
Lululemon CEO Calvin McDonald to Depart Amid Sales Challenges and Leadership Transition

Lululemon's CEO Calvin McDonald is stepping down as the brand faces sales challenges and management changes.

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ECONOMY
Do Kwon sentenced to 15 years for fraud causing $40 billion crypto collapse

Do Kwon receives a 15-year prison sentence for misleading investors in a fraud scheme tied to the $40 billion TerraUSD collapse.

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ECONOMY
Federal Reserve Cuts Rates and Hints at Future Pause Amid Economic Uncertainty

The Federal Reserve has cut rates while signaling a possible pause in future reductions amid economic uncertainties.

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ECONOMY
Mexico Approves Up to 50% Tariffs on Imports from China and India

Mexico's new tariff regime affects imports from China and India, primarily targeting the automotive and manufacturing sectors.

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ECONOMY
US Trade Deficit Falls to Five-Year Low Amid Strong Exports and Tariff Changes

The US trade deficit narrowed to its lowest level in five years due to rising exports and changes in tariffs.

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ECONOMY
Jobless Claims Spike to 236,000 Amid Concerns Over Labor Market Conditions

Jobless claims in the U.S. surged to 236,000, reflecting seasonal challenges and concerns over labor market health.

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ECONOMY
Asian Markets React Positively to Fed’s Third Rate Cut Despite Future Unease

Asian markets rise as the Fed cuts interest rates for the third time, but caution prevails over future monetary policy directions.

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ECONOMY
Microsoft and Amazon Unveil Historic AI Investments in India

Microsoft and Amazon announce a combined $52.5 billion investment to boost AI and cloud infrastructure in India, enhancing the country's technological landscape.

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ECONOMY
US Trade Deal with Indonesia Faces Serious Challenges Amid Allegations of Backtracking

The US-Indonesia trade agreement is at risk of collapse as Indonesia reportedly backtracks on key commitments made in July.

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ECONOMY
Trump Administration Moves to End Biden's Student Loan SAVE Plan

The Trump administration proposes to end Biden's SAVE student loan plan, impacting millions of borrowers and shifting repayment responsibilities.

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