The Congressional Budget Office (CBO) has released new projections indicating that the recent rollbacks of President Donald Trump‘s aggressive tariff strategy have nullified an anticipated $800 billion reduction in debt over the next decade. Lower Tariffs, Lower Fiscal Gains The CBO’s updated…
Chinese tech giant Xiaomi Corp (OTC:XIACY) (OTC:XIACY) reported its first-ever profit from its EV arm as it reported its third-quarter financial results that saw overall profits soar 80.9% to RMB11.3 billion (approximately $1.5 billion). Deliveries Surpassed 100,000 Units Xiaomi reported…
Tariffs may shape inflation far differently than standard economic models predict, according to a new working paper from two San Francisco Fed researchers. Their findings suggest the impact of trade barriers is more complex than previously understood. Tariffs Linked To…
Under Armour, Inc. (NYSE:UA) on Thursday disclosed the expansion of its fiscal 2025 restructuring plan and raised its fiscal 2026 adjusted operating income outlook. Curry Brand Separation Under Armour and Stephen Curry are separating the Curry Brand, ending their decade-long…
