Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de minimis exemption, a trade law loophole.
2025 › March › 17
Oil rises as Trump says Iran will be held responsible for any future Houthi attacks
Houthi strikes have forced international shipping companies to re-route container ships that would normally pass through the Red Sea and Suez Canal.
Dow closes more than 300 points higher Monday, S&P 500 posts back-to-back gains: Live updates
Wall Street is coming off another brutal week for equities, with the Nasdaq Composite falling deeper into correction territory.
Lithuania Blames Russian Military Intelligence for IKEA Arson Attack
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a story from The Moscow Times › The Moscow Times
Prosecutors said two Ukrainian citizens were suspected in the case, with one arrested in Lithuania and the other in Poland.
Putin Seeks to Prolong Ukraine Peace Talks to His Advantage, Experts Say
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a story from The Moscow Times › The Moscow Times
Experts agreed that a delay in any agreement would be helpful to Putin, who is set to benefit from further territorial gains.
Trump and Putin to Speak Tuesday About Ukraine War
The U.S. president told reporters that discussions were already underway on "dividing up certain assets" between the warring sides.
Siberian City Bans Protest Against Protest Ban
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a story from The Moscow Times › The Moscow Times
City officials in Krasnoyarsk said mass public events are not allowed while Russia continues its so-called "special military operation."
Only Rich People Should Be Allowed to Use Cryptocurrency, Russian Central Bank Says
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a story from The Moscow Times › The Moscow Times
The Central Bank argues that cryptocurrencies pose significant risks due to their volatility and lack of state backing.
Russian Dissidents Stranded in Spain After Residency Requests Allegedly Denied
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a story from The Moscow Times › The Moscow Times
The exiled activists claim Spanish officials promised them fast-track residency, but those efforts were later stalled.
Putin Authorizes U.S. Hedge Fund to Buy Russian Securities
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a story from The Moscow Times › The Moscow Times
A decree permits 683 Capital Partners LP to buy Russian company securities from 11 other funds, mostly based in the U.S. and Britain.
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