Trump Signs the TikTok Deal (Plus the US Economy Shows Impressive Growth!)
Claire’s is getting a $140 million rescue after its second bankruptcy, with new owners betting they can revive the tween brand. YouTube TV and NBC are in a carriage fight that could cut off Sunday Night Football for millions of subscribers. President Trump dropped a fresh round of tariffs hitting imported drugs, kitchen cabinets, and trucks while also signing a TikTok deal that shifts U.S. operations to American billionaires. Retailers are kicking off Christmas sales in early October as shoppers tighten budgets, while the U.S. economy surprised with 3.8% second-quarter growth. Amazon agreed to a $2.5 billion settlement over deceptive Prime sign-ups, and CarMax shares plunged 20% after disappointing earnings.
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