Shein files for U.S. IPO, looks to expand global reach

Shein has confidentially filed to go public in the U.S. as the Chinese-founded fast-fashion juggernaut looks to expand its global reach with a long-rumored initial public offering, CNBC has learned.  The retailer... Read more »

Pack your jerseys. The era of ‘sports tourism’ is here

Start your engines. From Formula One races to the Summer Olympic Games, traveling to attend major sporting events is on the rise. Sports tourism, as it’s called, is one of the fastest-growing... Read more »

Spending and ethics in focus

TikTok has officially launched its e-commerce service TikTok Shop in the US.  Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and... Read more »

What’s next for Binance after DOJ settlement, departure of Changpeng Zhao

Binance cofounder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on Nov. 1, 2022. Ben Mcshane | Sportsfile | Getty Images Outflows from Binance have amounted to... Read more »

Biden and Xi’s meeting sent an important signal for U.S. business in China

U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | Reuters... Read more »

Bond funds are among 2023’s top performers – What’s next for investors

It’s been a good year for yield-chasing investors willing to take some risk in fixed income. The Federal Reserve’s rate hikes since March 2022 have had the pleasant side effect of lifting... Read more »