Critics say Shein and Temu are able to offer low prices because they evade import duties under the de minimis exemption — a loophole that could soon be closed.
More Stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may...
Alaska-Hawaiian merger clears DOT review, but airlines must preserve miles, routes
The two airlines can begin the process of closing their $1.9 billion merger.
Bitcoin price jumps to a three-week high
Bitcoin price has surged 5.6%, hitting a three-week high of $61.1K on Tuesday morning. Altcoins like Celestia, Immutable X, and...
FanDuel parent Flutter looks for international growth with big acquisitions in Italy, Brazil
Flutter is making acquisitions in Italy and Brazil as the British parent company of FanDuel looks to international markets for...
Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024
DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against...
Circle enables USDC transfers in Brazil and Mexico
Circle announces support for USDC in Brazil and Mexico. The company has integrated local payment systems PIX and SPEI to...