Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP, provides a weekly update. Investment markets and key ...

For the fourth consecutive year, New York is the most popular city of billionaires. Home to 123 billionaires, former mayor ...

In anticipation of tariffs, I made a hasty last-minute panic buy at Temu. Donald Trump has said he'll close the loophole that lets Temu and Shein ship directly to customers without duties.

Trump is ending a popular trade loophole for goods coming from China Retailers like Shein and Temu can no longer avoid tariffs on low-cost items Duty-free shipments to the US have skyrocketed in ...

The online retailers have built their brands selling cheap goods. Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ...

(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on cheap Chinese goods. Trump signed an executive order ...

The announcement sent shares of PDD Holdings — the owner of Temu — plunging 6% in after-hours trade on Nasdaq. The stock closed 2.6% lower at $119.07 apiece on Wednesday. Shares of Alibaba ...

E-commerce sites such as Temu, with its US operation based in Boston, sell low-cost items like pajamas and suitcases on its website. But Temu doesn’t take possession of the goods: rather it ...

President Trump signed an executive order Wednesday closing a trade loophole on cheap goods from China that were previously exempt from tariffs. Trump, 78, argued that the so-called “de minimus ...