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CNBC Business

Apr 17, 2025

Chinese tea chain Chagee climbs 15% in stock market debut

Chagee, a Chinese tea chain, made its U.S. public market debut on the Nasdaq as trade tensions between Washington and Beijing rise.

MarketWatch

Apr 17, 2025

Jobless claims fall to 2-month low. No sign trade wars are spurring more layoffs.

If the stress of trade wars starts to pressure the U.S. economy, one of the first signs is likely to be an increase in layoffs and unemployment. Yet so far there's no evidence the labor market is suffering. The number of people who applied for unemployment benefits last week fell by 9,000 to 215,000 and matched a two-month low.

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