Nike is the Dow’s best performer today, after joining forces with Kim Kardashian. But celebrity collabs aren’t a guaranteed fix.
Celebrity brands are making for bigger competition to their legacy counterparts, and online influencers are shortening trend cycles.
Homebuilder sentiment falls in February amid tariff worries
Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly. The National Association of Home Builders’ Housing Market Index, or HMI, dropped a sharp 5 points from January to a reading of 42. Anything below 50 is […]
Nike teams up with Skims to launch new brand
Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan | Bloomberg | Getty Images Nike has teamed up with Kim Kardashian’s intimates brand Skims to launch a new line of activewear as the legacy sneaker giant looks to win over […]
20 stocks of companies expected to put up numbers to back investors’ new ‘growth mindset’
The co-chief investment officers at Neuberger Berman see a new dynamic in the stock market as investors move on from inflation worries.
Why UBS and Goldman Sachs are boosting their gold forecasts
There’s plenty of room for gold to rise, a UBS strategist says.
My date was so awful that, before we parted ways, I asked her to repay me for 50% of the taxi fare. Was I being cheap?
“As she was leaving, she made some ugly remarks about me being on my phone a lot.”
Southwest Airlines to slash 15% of corporate jobs in ‘unprecedented’ move to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called […]
