Uniqlo operator sees Q1 profit rise amid sluggish China performance
The operator of the global clothing chain Uniqlo reported first-quarter results on Thursday that, while showing a rise in profits, fell slightly short of analyst expectations. A sharp decline in profit in China overshadowed strong sales in its home market
Musk says DOGE might not be able to cut $2 trillion, actually
Trump-ally Elon Musk promised last year that his so-called Department of Government Efficiency would cut “at least $2 trillion” from the federal budget. Wednesday, he said the real figure may end up being half that. “I think we’ll try for
UK government debt sell-off accelerates as borrowing costs reach post-2008 peak
Britain’s benchmark borrowing costs have soared to their highest level since the financial crisis, as investors offload government debt amid persistent inflation fears. The yield on the UK’s 10-year gilt — closely watched as a barometer of future interest payments on
What we’re watching: Trump attends Carter’s funeral
🗓️ What we're watching As Congressional Republicans look to President-elect Donald Trump to decide how to enact his legislative agenda, he’s instead punting the decision back to them. Trump told reporters after meeting with Senate Republicans that it