Nike Faces Lawsuit Over Keeping Tariff Refunds Despite Price Increases
A class-action lawsuit alleges Nike kept millions in tariff refunds while charging consumers higher prices following trade tariffs, seeking to force repayment to buyers.
Latest news
Trade & Tariffs
Trade & Tariffs
Trump Criticizes Supreme Court Justices Over Tariff Ruling, Highlights Division Among His Appointees
Former President Donald Trump publicly condemned a Supreme Court decision invalidating his tariff policy, singling out Justices Neil Gorsuch and Amy Coney Barrett for votes he said harmed the country.
Crypto & Fintech
Banking Groups Clash with Senators Over Stablecoin Incentives Ahead of CLARITY Act Vote
Banking associations seek to ban stablecoin issuers from offering incentives, while Senate lawmakers push forward with the Digital Asset Market CLARITY Act despite opposition.
Crypto & Fintech
Altcoins Lead Weekly Crypto Gains Amid Key Protocol Upgrades and Growing Network Activity
This week’s crypto market rally was driven by altcoins supported by significant protocol upgrades and heightened development, with TON, SIREN, and VVV among the top performers.
Corporate Power
Office Depot and OfficeMax Offer $15 Discount on $300+ Mastercard Gift Cards
Office Depot and OfficeMax have reintroduced their promotional discount on Mastercard gift cards, giving buyers $15 off for every $300 spent during a limited-time offer.
Markets & Macro
Jerome Powell’s Fed Tenure Highlights the Debate Over Central Bank Independence
Jerome Powell remains Federal Reserve chair amid growing criticism as Fed policies reshape the economy and stir political divisions over its so-called independence.
Crypto & Fintech
Bitcoin’s Cycle Suggests Bottom May Still Be Ahead Despite Recent Gains
Despite recent rallies, Bitcoin remains within typical post-halving patterns that indicate the market bottom might not have formed yet, supported by supply shifts and whale accumulation.
Crypto & Fintech
DeepBook’s $240K Bad Debt Highlights Vulnerabilities in Leveraged DeFi Trading
DeepBook faced a significant $239,700 bad debt in its USDC margin pool during volatile market swings, exposing how leverage pressure stresses DeFi liquidation systems.
Corporate Power
Institutional Demand Bolsters Bitcoin Amid Retail Profit-Taking and Market Uncertainty
As retail investors take profits and reduce exposure, institutional Bitcoin holdings rise, reflecting a shift in market ownership during a period of cautious optimism.
Markets & Macro
Food Inflation Soars in Iran, Forcing Families to Spend More on Basics Amid Conflict
Inflation in Iran has surged sharply, with food prices rising faster than general inflation, severely straining household budgets in a country affected by ongoing conflict.