trade

Foot Locker Stock Soars on Reports of Potential $2.3B Dick's Buyout

Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion

05/15/2025

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…

Read the full U.S.-China 'Phase 1' trade agreement | PBS News

The China Trade Deal: A New Chapter in U.S.-China Relations

05/11/2025

Introduction to the U.S.-China Trade Deal In a significant development, Trump administration officials announced that they reached a trade deal with China after two days of negotiations in Geneva. This agreement on the China trade deal could represent a pivotal moment for President Donald Trump. It comes amid ongoing tensions…