Ken Griffin, founder and CEO of Citadel, speaks during The New York Times' annual DealBook Summit in New York City, Dec. 4, 2024.Michael M. Santiago | Getty ImagesCitadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump's combative approach to U.S. trade policy."From my vantage...
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CFPB’s new leadership begins staff purge with dozens of employees terminated
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019.Jonathan Ernst | ReutersThe Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of...
Trump’s Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
In an aerial view, Chevrolet cars and trucks are on display at Novato Chevrolet on Jan. 28, 2025 in Novato, California.Justin Sullivan | Getty ImagesAmericans shopping for cars may need to fork over thousands more if President Donald Trump's proposed tariffs go into effect, according to data from investment bank...
World’s largest luxury group LVMH posts better than feared full-year sales
A Louis Vuitton storefront in San Diego, California.Kevin Carter | Getty Images News | Getty ImagesThe world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.The owner of brands including Louis Vuitton, Moët & Chandon and...
Fashion’s most hated garment — the skinny jean — is making a comeback
The vilified linchpin of millennial and Y2K fashion – the skinny jean – might be on its way to a comeback.Over the last few months, a range of skinny styles, including pants and jeans, have cropped up on fashion runways, influencer videos and Google search trends, indicating the divisive garment...