U.S. Customs and Border Protection officers have seized a shipment of counterfeit handbags, jewelry, and scarves in Pittsburgh.This shipment, which was destined to an address in Pittsburgh, would have been valued at a manufacturer's suggested retail price of $307,870, had it been authentic, according to CBP.CBP officers inspected a parcel on December 1 that arrived from China via air cargo. The pa...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.