Business and Financial NewsFind the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.
Designer Isaac Mizrahi (left) embraces Robert D'Loren, CEO of Xcel Brands, which once manufactured 70% of its clothes in China. Today that's down to about 20%. The company now manufacturers in a variety of countries, including Indonesia, India and Sri Lanka.
Owned by Tencent, one of China's biggest companies, the WeChat app has more than 1 billion monthly users in China and now serves users outside the country, too.
Martin Bureau/AFP/Getty Images
The pound was long the symbol of Britain's economic might. The chaos surrounding the country's 2016 decision to leave the European Union has sent the currency falling sharply.
WPA Pool/Getty Images