Financial News
President Defends Tariff Strategy Amid Controversy On May 28, 2025, President Trump expressed his frustration when questioned about a new term coined by the Financial Times. The term referred to his tariff strategy as the “TACO trade,” which stands for “Trump Always Chickens Out.” During a press interaction in the…
In a significant move within the retail sector, Dick’s Sporting Goods has announced its acquisition of the struggling footwear chain Foot Locker for approximately $2.4 billion. This marks the second major buyout in the footwear industry in just a few weeks, as companies navigate the challenges posed by ongoing trade…