USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge against another kind of risk.
Research published by the Federal Reserve Bank of New York found that work-from-home set-ups may be fueling the unemployment rate among recent college graduates.
Victoria's Secret Hits Record High as Bra Strategy Resonates Yahoo FinanceBra Sales Power Victoria's Secret Turnaround and Shares Soar WSJVictoria's Secret soars 50% as turnaround powers upbeat annual forecasts ReutersVictoria's Secret's stock just had its best day ever. It came down to better bras. MarketWatch
Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain valuation.