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Shein Shares Drop Nearly 10% on First Day of Hong Kong Stock Trading

The fast-fashion giant raised $1.7 billion in its listing but is now valued at roughly a quarter of its peak estimate of $100 billion.

2h ago
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2h ago NEWS

Shein Shares Drop Nearly 10% on First Day of Hong Kong Stock Trading

The fast-fashion giant raised $1.7 billion in its listing but is now valued at roughly a quarter of its peak estimate of $100 billion.


2h ago NEWS

Georgia Family Searches for Missing Mother After Nepal-Tibet Border Floods Kill Hundreds

At least 955 people have died and more than 4,400 remain missing, with at least 85 Americans among those unaccounted for.


2h ago NEWS

Supreme Court Allows White House Ballroom Construction to Continue Over Chief Justice Dissent

Chief Justice John Roberts joined the court's three liberal justices in dissent, calling the ruling "no victory for the separation of powers.


2h ago NEWS

Army Secretary Dan Driscoll Resigns After Months of Tension With Hegseth

Deputy Army Undersecretary Dave Fitzgerald is also expected to step down this week.


3h ago BUSINESS

Bernie Sanders Says Some Democrats Want Michigan Senate Nominee to Lose

Sanders told Politico that party donors and leaders are less than enthusiastic about progressive nominee Abdul El-Sayed because of his stance on Israel and wealthy interests.


3h ago BUSINESS

Treasury Secretary Bessent Arrives at G20 Facing Market Credibility Questions

The meeting of Group of 20 finance ministers opens Monday in Asheville, North Carolina, with global growth as Bessent's stated focus.


3h ago BUSINESS

New Jersey and Indiana Take Opposite Paths on Data Center Energy Costs

Indiana's utility deal could cut household electric bills by roughly $100 a year if regulators approve a $59 million rate reduction.


3h ago BUSINESS

FTC Accuses Amazon of Charging Hidden Fees on Merchant Advertising

The federal regulator claims Amazon artificially raised floor prices during peak shopping periods, costing merchants billions.