Economy

Economy
Economy

Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup

When the U.S. men’s national soccer team plays at home, its most loyal fans traditionally sit right behind a goal to cheer on the team or intimidate the opposition. But when the Americans kick off a once-in-a-generation World Cup in Southern California next week, many of those die-hard supporters may be harder to hear because

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Economy

Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run

Growing up in South Florida, Jozy Altidore heard a lot of Spanish playing soccer with local kids and at home from his Dominican grandmother. As a teenager, he went to play for Villarreal, in the Castellón part of Spain, an area that isn’t that touristy. His coach and teammates mostly spoke Spanish. Along the way,

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Economy

Trump administration cites forced labor concerns as grounds for new tariffs

The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade in goods ‌made with forced labor, an assertion that was rejected by its trading partners. The proposal from the U.S. Trade Representative’s office, issued late on Tuesday, comes from a Section

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Economy

Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services

NFL Commissioner Roger Goodell has been invited to testify before Congress as the league faces increasing federal scrutiny about its broadcast deals and its recent practice of airing games on paywalled streaming services. Rep. Jim Jordan, R-Ohio, the chairman of the House Judiciary Committee, sent a letter to the commissioner Monday requesting his appearance at

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Economy

Jerome Powell warns politicizing the Federal Reserve would cost public trust

Federal Reserve Governor Jerome Powell warned Sunday about the impact of a politicized Fed and made a broader call for the defense ‌of democratic institutions in his first public remarks since the end of his eight-year stint as head of the central bank. “Democratic institutions take much time, effort, and patience to build but can

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Economy

MLB owners have proposed a salary cap for the first time since baseball’s 1994-95 strike

Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union has vowed never to accept, setting the sides on course for a confrontation that threatens the 2027 season and perhaps beyond. Baseball owners hadn’t proposed a firm cap since 1994. Their effort prompted a 7

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Economy

In major shake-up, CBS replaces ‘60 Minutes’ executive producer with tech journalist

CBS News editor-in-chief Bari Weiss on Thursday replaced Tanya Simon, the executive producer of the network’s flagship newsmagazine “60 Minutes,” with a technology journalist who has never worked in television news. Nick Bilton, a documentarian and former New York Times technology columnist, will take over for Simon when the show returns for a 59th season

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Economy

Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss — when stoppers forcefully ejected from the products and struck them in the face. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The recall covers approximately 5.8 million

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Economy

Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

Roughly 36,000 Heartwarming Hugs Bears, a stuffed animal manufactured by Build-A-Bear, are being recalled due to a zipper detaching from the bear’s pouch. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. On Thursday, the U.S. Consumer Product Safety Commission announced that the stuffed animals pose a serious risk

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Economy

Lumentum falls 5% after results: are expectations outrunning growth?

Lumentum Holdings Inc (LITE) shares fell sharply on Wednesday after the company reported mixed fiscal third-quarter results, with strong growth failing to meet elevated market expectations. The stock declined about 5.3% to around $941, snapping a streak of five consecutive sessions of gains. The pullback comes despite robust demand trends tied to artificial intelligence infrastructure,

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