Employees sort and move boxes at the Deutsche Post DHL North Asia Hub in Shanghai, China. Qilai Shen | Corbis News | Getty Images Forecasts for global trade to slow down as supply chains reposition through nearshoring and reshoring of manufacturing operations is not happening, according to a new report …

Kanye West, who goes by Ye, said Thursday he’s terminated the contract between his company Yeezy and Gap Inc. The move comes after Gap allegedly failed to meet its obligations in the companies’ agreement, including distributing Yeezy products in its stores by the second half of 2021 and creating dedicated …

Mergers in software may be about to break out. Top investment banker Rick Sherlund of Bank of America sees a wave of struggling companies putting themselves up for sale at cheaper prices due to the economic downturn. “You do need to see greater capitulation,” the firm’s vice chairman of technology …

It was a heist that was as brazen as it was simple. On the morning of Nov. 29, 1985, a couple entered The University of Arizona Museum of Art in Tucson, Arizona. Within minutes, “Woman-Ochre” — a painting by the Dutch-American artist Willem de Kooning — was gone. The museum’s …

Universal Display Corp: “How about when it gets to say, 18, 19 times earnings, you actually pull the trigger. Wait for that stock to come down.” Nucor Corp: “I think you have to now wait until the $90s to buy Nucor.” Dow Inc: “I wouldn’t touch the stock until it …

When Jim Koch launched the Sam Adams brewery from his family’s kitchen in 1984, he had multiple Harvard University degrees and several years experience at a high-paying consulting gig. But that strong business background didn’t prepare him for everything he’d need to know to launch a business, he says — …

FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t portend very well,” Subramaniam said in response to Cramer’s question of whether the economy is “going into a worldwide …

CNBC’s Jim Cramer advised investors not to panic after FedEx’s worse-than-expected first quarter. The “Mad Money” host’s warning comes after FedEx reported first-quarter earnings and revenue that fell short of Wall Street expectations, citing a decline in global shipment volumes, while announcing aggressive cost-cutting measures. Shares of the company tumbled …

Andresr | E+ | Getty Images For retirement “super savers,” good financial habits appear to go far beyond fattening up their nest eggs, a new study shows. Most of these workers — whose 401(k) contributions are at least 15% of their pay or 90% or more of the maximum allowed …

A potential rail strike that was on the verge of upending the U.S. economy may have caught your attention in the headlines this week. It was averted on Thursday, but underlying the battle between rail carriers and labor unions over wages and quality of life policies for workers is an …