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TARIFF REFUNDS
US budget deficit shrinks in August, year-to-date flat at $1.97 trillionThe US federal budget deficit decreased significantly in August. This reduction occurred due to lower spending and some payment shifts. How...- Nike’s shoe doesn't fit: How did the swoosh lose its winning edge?Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, w...
- Cross-border fintechs are still competing with banks, not each other: Skydo’s Movin JainSkydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category creation a bigger priority than com...
- Lululemon cuts outlook again, highlighting to-do list for new CEOLululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales...
- Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higherFed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate highe...
- Healthy consumption: GST collections surge to Rs 2 lakh crore, car sales jump 36%India's economic indicators showed resilience and growth in August. Goods and services tax collections rose 14.8 percent to ₹2 lakh crore. ...
- GST, auto sales, UPI data point to resilient growth in AugustIn August, India's GST collections rose by 14.8%, totaling ₹2 lakh crore. The surge in bulk car sales by 36% indicates robust consumer enth...
- US plans to sanction another bank in effort to clamp down on Iran transactions: Scott BessentUS Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...
- India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRAIndia Inc’s revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margi...
- HP forecasts strong fourth-quarter profit on price hikes, US tariff refundsHP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-power...
- Canada will impose retaliatory tariffs on US goods beginning September 8: PM Mark CarneyCanada will impose retaliatory tariffs on United States goods starting September eighth. This action escalates a trade conflict after Unite...
- US debt tops $40 trillion: Chris Wood flags the 5% trigger that could rattle stock marketUS public debt has crossed $40 trillion as its fiscal position worsens and Treasury yields move closer to levels that could threaten equiti...
- US Treasury's Bessent says upsized bond buybacks could increase furtherUS Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confid...
- US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regimeUS Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...
- Walmart shares fall 8% as Q2 results flag risks of rising inventoryWalmart shares fell 8% despite strong second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income i...
- Estee Lauder bets on fragrances and skincare to deliver strong annual profitEstee Lauder projects robust annual profits that are set to surpass Wall Street's expectations. The company's growth is heavily fueled by l...
- Target Corp shares rise 5% as sales rebound and profit doubles in Q2Target shares jumped 5% after second-quarter sales rose 5.3%, comparable sales increased 3.8% and traffic climbed 3.6%. Digital sales grew ...
- US Canada trade deal: Trump announces pause on 50% tariffs on OttawaUS President Donald Trump announced a pause on upcoming tariffs against Canada. These tariffs were scheduled to begin on Thursday for a sho...
- US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...
- Bought something last year from an overseas vendor? It might be time to check your bank a/cFollowing a Supreme Court ruling that mandates the return of collected tariffs, major shipping companies are now issuing significant refund...
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