Aarav Shen

Aarav Shen covers world news and global markets for Beijing Times, reporting on geopolitics, economic policy, and the forces shaping international affairs.

Powerball Jackpot Hits $1.8 Billion: What Winners Really Take Home After Taxes

The Powerball jackpot has surged to an estimated $1.8 billion ahead of Saturday night’s drawing, making it the second-largest prize in U.S. lottery history....

Jerry Jones Explains Micah Parsons Trade as Salary Cap Strategy

Dallas Cowboys owner Jerry Jones explained that the decision to trade star pass rusher Micah Parsons was based on financial strategy rather than sentiment....

Industrial Real Estate Faces Cooling Demand Amid Tariff and Inflation Pressures

Five years ago, as the pandemic accelerated e-commerce, industrial warehouse space became one of the most attractive investments in commercial real estate. But after...

Lululemon Stock Plunges as Tariffs Slash Profit Outlook

Lululemon shares tumbled 20% in after-hours trading following a disappointing full-year outlook, as the impact of tariffs significantly weighed on the company’s profit forecast....

Powerball Jackpot Hits $1.8 Billion as Online Ticket Sales Surge

Powerball fever is sweeping across the United States as the jackpot climbs to an astonishing $1.8 billion, ranking as the second-largest prize in U.S....

Yieldstreet Settles Marine Loan Case but Investors Face Heavy Losses

Yieldstreet, a private market assets platform, has reached a $5 million settlement tied to its troubled series of marine loans. While the agreement helps...

Starbucks Redesigns U.S. Cafes to Create More Inclusive and Welcoming Spaces

Starbucks is embarking on a major effort to redesign its U.S. cafes with more inclusive and welcoming spaces as part of a larger push...

NFL MVP Josh Allen Signs Endorsement Deal with New Balance

Buffalo Bills quarterback and reigning NFL MVP Josh Allen has made a major shift in his endorsement portfolio, leaving Nike to sign with New...

Mortgage Rates Drop to 6.29% After Weak Jobs Report

The average rate on the 30-year fixed mortgage fell sharply on Friday, dropping 16 basis points to 6.29% after a weaker-than-expected August employment report....

Hollywood Finds Box Office Success in Video Game Adaptations

Hollywood is embracing video game adaptations like never before. For decades, studios struggled to translate gaming’s cultural power into box office success, often delivering...

Kenvue Shares Slide on Report of Possible Tylenol-Autism Link

Shares of Kenvue dropped more than 10% on Friday following reports that Health and Human Services Secretary Robert F. Kennedy Jr. may soon release...

New York Attorney General Sues Zelle Operator Over $1 Billion Fraud Allegations

New York Attorney General Letitia James has filed a lawsuit against Early Warning Services (EWS), the operator of the Zelle payment network, alleging the...

Walmart Expands 10% Employee Discount to Most Groceries Nationwide

Walmart is expanding its employee discount program to cover nearly all groceries, including staples such as milk, meat, and frozen foods, in a move...

Fast-Casual Restaurant Stocks Slide as Sales Growth Stalls

Cava shares tumbled 16% on Wednesday, marking the latest setback for fast-casual chains struggling with slowing sales and weakening investor confidence. Once the darlings...

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