Nike faces a class action lawsuit alleging it failed to refund tariff-related costs passed to consumers through higher prices on footwear and apparel.

Adidas and Lululemon also face proposed class actions from consumers.

The Supreme Court struck down Trump’s sweeping tariffs in February. Companies that paid those tariffs are now collecting ...

Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation.