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ECONOMY
GameStop Acquires $513 Million in Bitcoin, Marking Its Major Cryptocurrency Venture

GameStop announces a $513 million investment in Bitcoin, signaling its commitment to cryptocurrency amid market volatility.

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ECONOMY
Southwest Airlines Implements First Ever Checked Bag Fees Starting Tomorrow

Southwest Airlines will start charging for checked bags, marking a significant shift in its long-standing policy.

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ECONOMY
PDD Holdings Faces Significant Profit Decline Amid Trade Challenges and Competition

PDD Holdings reports nearly 50% profit drop in Q1 due to trade tensions and competition.

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ECONOMY
Asian shares and US dollar rise on positive economic signals and tech earnings optimism

Asian shares and the US dollar climb amid promising economic data and anticipation of strong tech earnings, particularly from Nvidia.

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ECONOMY
Japan Loses Top Creditor Status to Germany for the First Time in 34 Years

Japan has surrendered its long-held title as the world's top creditor nation to Germany for the first time in 34 years.

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ECONOMY
EU Warns Shein of Fines for Breaching Consumer Protection Laws

The EU has warned fast-fashion retailer Shein of potential fines for breaching consumer protection laws regarding misleading practices.

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ECONOMY
Volvo Cars to Cut 3,000 Jobs Amid Cost-Cutting and Trade Challenges

Volvo Cars is restructuring and cutting 3,000 jobs due to economic challenges and trade uncertainties.

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ECONOMY
Trump Advocates for Domestic Production of Military Goods Over Textiles

Trump emphasizes manufacturing tanks and technology over textiles in his tariff policies, facing criticism from apparel industry leaders.

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ECONOMY
Trump Announces US Steel-Nippon Partnership, Markets React Positively

Trump announces a new partnership between US Steel and Nippon Steel, hinting at job creation and investment, sparking market optimism.

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ECONOMY
Trump Threatens 25% Tariff on iPhones, Expanding Scope to All Smartphone Manufacturers

US President Trump threatens a 25% tariff on iPhones not made in the U.S., impacting Apple and other smartphone manufacturers.

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