A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images The bottom of the barrel prices that have made Chinese-linked e-tailers Shein and Temu so popular with American consumers could soon rise if the Biden administration … Read more
Prime Minister Justin Trudeau said Friday that Ukraine should be allowed to strike within Russian territory, as his American and British counterparts meet in Washington to discuss whether to lift restrictions on long-range weapons supplied to Kyiv. Ukraine has been pushing for months for permission to use the weapons, including U.S.-supplied ATACMS and British Storm … Read more
Nebraska’s Republican attorney general said Friday that supporters of two measures to legalize medical marijuana could have submitted at least “several thousand” invalid signatures to get them on the ballot, suggesting that the issue ultimately could keep the proposals from becoming law. Attorney General Mike Hilgers made the statement during a Zoom news conference with … Read more
Former US President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos Verdes, California, on September 13, 2024. Robyn Beck | Afp | Getty Images Shares of Trump Media shot up by more than 25% on Friday, minutes after majority owner Donald Trump … Read more
Senate Finance Committee Chair Ron Wyden threw shade at Republican presidential nominee Donald Trump on Friday over Trump’s latest campaign promise: to eliminate income taxes on overtime pay. “Donald Trump is losing, and these tax proposals he’s floating out of desperation are as fake as his tan,” Wyden said in a statement. The Oregon Democrat … Read more
The West would be directly fighting with Russia if it allowed Ukraine to strike Russian territory with Western-made long-range missiles, President Vladimir Putin says, a move he warns would alter the nature and scope of the conflict. Ukrainian President Volodymyr Zelenskiy has been pleading with Kyiv’s allies for months to let Ukraine fire Western missiles … Read more
The election cycle is in full swing, with presidential hopefuls Donald Trump and Kamala Harris trading blows over the auto industry, Republican vice presidential nominee JD Vance flying into restricted airspace and Democratic nominee Tim Walz showing everyone how much of a car guy he is. Now, the Minnesota governor has professed his love for … Read more
U.S. President Joe Biden delivers remarks during a visit to the United Association Local 190 Training Center in Ann Arbor, Michigan, U.S., September 6, 2024. Craig Hudson | Reuters The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” of a longstanding trade law that permits low-value shipments … Read more
Canada’s auditor general is considering a probe into a multi-billion program meant to boost Indigenous business that has been open to abuse for decades. Following complaints from Indigenous communities and a recent Global News investigation with First Nations University of Canada researchers, Auditor General Karen Hogan’s office confirmed that it is reviewing a request to … Read more
Dimensions | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The tightening presidential race has touched off a wave of tax planning by ultra-wealthy investors, especially given … Read more
