Lisa Fickenscher

2 days ago | nypost.com | Lisa Fickenscher |Thomas Barrabi

Allegedly defective tools and hardware from a China-based seller on Amazon have been linked to two deaths and at least one serious injury — the latest in an alarming spike in product liability lawsuits against the Seattle-based e-tailing giant, The Post has learned. On March 25, 2024, Jacob “Jake” Todd — 30-year-old father of three in Menifee, Calif. — was working under his Toyota Tacoma when a car jack he’d bought on Amazon from Vevor, a Shanghai-based third-party seller, buckled and broke.

1 week ago | nypost.com | Lisa Fickenscher |Ariel Zilber |Taylor Herzlich

US business owners cheered a bombshell court ruling that voids most of President Trump’s tariffs — but most said they’ll still hedge their bets as the legal drama unfolds. The US Court of International Trade in Manhattan issued a sharp rebuke late Wednesday, ruling that the power to issue duties on foreign goods lies with Congress, not the president. A federal appeals court put the ruling on hold on Thursday after the Justice Department appealed it.

1 week ago | nypost.com | Lisa Fickenscher

Nike raised prices by as much as $10 on many of its best-selling sneakers – but the struggling sneaker giant refused to blame the spike on tariffs. The Beaverton, Ore.-based company – which produces most of its apparel and sneakers in China and Vietnam – hiked prices on its Nike.com website by 2% to 6% on popular footwear including Air Max 270, Vomero 5 and Zoom Fly 6, according to a BMO Capital Markets price check released Wednesday.

2 weeks ago | nypost.com | Lisa Fickenscher

US companies rushing to import their goods from China before the 90-day reprieve on stiff tariffs expires will be socked with an unexpected spike in shipping fees – leading to higher prices on store shelves, The Post has learned. Major carriers, including Hapag-Lloyd, announced plans to increase shipping rates for a 40-foot container between China and West Coast ports to $6,500 from $3,500, beginning June 1, according to several companies that will be hit by the hike.

3 weeks ago | nypost.com | Lisa Fickenscher

Big Lots went belly up last year because it chased away budget-conscious customers with high prices and pushed merchandise they didn’t want, the discount retailer’s new owner told The Post. The once-popular close-out sale chain declared bankruptcy last September after 57 years in business and abruptly shuttered all 1,392 stores, blaming “high inflation” and the inability of its “core customers’” to buy discretionary goods.