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'Made in America' lingerie squeezed by Trump's tariffs
'Made in America' lingerie squeezed by Trump's tariffs
by  AFP

After years spent working in sweatshops in California, Francisco Tzul got a job at a trendy lingerie brand that prides itself on ethical business practices and a "Made in America" approach. "My whole point was that I wanted to... create jobs in an ethical way, and now they're making it impossible for me to do that," Hughes said.

US existing home sales retreat more than expected in March
US existing home sales retreat more than expected in March
by  AFP

Sales of existing US homes pulled back more than expected in March, according to industry data released Thursday, as mortgage rates remained high and weighed on affordability for homebuyers. "Home buying and selling remained sluggish in March due to the affordability challenges associated with high mortgage rates," said NAR chief economist Lawrence Yun in a statement.

Warning lights flash at Nissan after monster profit warning
Warning lights flash at Nissan after monster profit warning
by  AFP

The road ahead looks treacherous for Nissan after the Japanese auto giant predicted an enormous loss just as US President Donald Trump's tariffs on car imports hit the industry. In any case, given the unpredictability of Trump's policies, analysts said it was unlikely that Nissan -- or any Japanese automaker -- would announce any major shift for now.

P&G cuts outlook as consumers pull back amid tariffs
P&G cuts outlook as consumers pull back amid tariffs
by  AFP

Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over tariffs and the economy cloud the picture. Consumers are adopting a "wait and see attitude" as they monitor stock market gyrations in light of tariff headlines and weigh uncertainty around the job market, mortgage rates and other factors, Schulten said.

US opposes 'dangerous' anti-fossil fuel policies at global summit
US opposes 'dangerous' anti-fossil fuel policies at global summit
by  AFP

An international summit on the future of energy security opened in London on Thursday with stark opposition from Washington, which called policies to phase out fossil fuels "harmful and dangerous". We oppose these harmful and dangerous policies.

Pope's death sparks betting frenzy for successor
Pope's death sparks betting frenzy for successor
by  AFP

The date when Catholic cardinals will gather to select Pope Francis's successor is not yet known. - 'Inconsistent' - At least 15 days, and no more than 20 days after Pope Francis's death, 135 cardinal electors are due to take part in a conclave to pick a successor, usually from among their ranks.