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U.S. lawmakers move to ban China’s DeepSeek from government devices

A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill.,…
Investing

How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing…
Investing

All Quiksilver, Billabong and Volcom stores to close in U.S.

All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection.  Altogether over 100…
Investing

Mattel says Barbies and Hot Wheels could soon get more expensive under Trump’s tariffs

Mattel could soon raise the prices of toys such as Barbie and Hot Wheels in response to new tariffs imposed by President Donald Trump, executives said Tuesday. …
Investing

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut…
Investing

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses…
Investing

USPS resumes shipments from China in abrupt about-face

The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing…
Investing

Disney tops quarterly profit estimates but starts to lose Disney+ streaming subscribers

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses…
Investing

Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other…
Investing

Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’

By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement is becoming…
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