In this article RBLX WMT NKE RL Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Ralph Lauren CEO Patrice Louvet said Monday that the fashion brand is chasing opportunities in the metaverse as a way to attract younger shoppers. At the National Retail Federation’s annual
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Dr. Martin Luther King, Jr. speaking before crowd of 25,000 Selma To Montgomery, Alabama civil rights marchers, in front of Montgomery, Alabama state capital building. On March 25, 1965 in Montgomery, Alabama. Stephen F. Somerstein | Getty Images Community leaders and their enterprises are vital to promoting economic mobility in the U.S., especially in challenging
A home in Breckenridge, Colorado. Michael Robinson | Corbis Documentary | Getty Images Ever since the Covid pandemic began almost two years ago, weary Americans hankering for a fun, but still safe, getaway have rejiggered their travel habits to jibe with the new normal. Domestic road trips, national park visits and vacation home rentals and
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Thailand’s Baiya Phytopharm wants to develop the country’s first plant-based Covid vaccine. The start-up, founded by Dr. Suthira Taychakhoonavudh and Dr. Waranyoo Phoolcharoen in 2018, has been working on a vaccine using the leaves of an Australian tobacco plant. Suthira, a 37-year-old lecturer at Chulalongkorn University, told CNBC’s “Managing Asia” that she and her team
Banknotes of Renminbi arranged for photography on July 3 2018 in Hong Kong. S3studio | Getty Images News | Getty Images China’s central bank unexpectedly cut loan rates on Monday — a move that will likely put more downward pressure on the Chinese currency, one analyst said. “What has happened this morning won’t help the [Chinese
A pedestrian wearing a face mask delivers food to a homeless person sleeping in the entrance of a shop, closed due to coronavirus restrictions, in central London on December 23, 2020. Tolga Akmen | AFP | Getty Images The pandemic has made the rich richer while the income of the rest of the world —
Supply chain disruptions are being prolonged driven largely by China’s strict zero-Covid policy, according to an economist from Moody’s Analytics. The bottlenecks have lasted for about a year now but are expected to “materially ease in the early months of this year,” said Katrina Ell, a senior economist for Asia-Pacific at Moody’s Analytics. “So we would
In this article WMT A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. The big-box retailer
In this article ZS MSFT CSCO DKS TTWO Ed Stack, CEO of Dick’s Sporting Goods. David Orrell | CNBC As the world heads toward another year of the pandemic, investors must adapt to changing macroeconomic forces and trends. Rising inflation, the Federal Reserve’s move to dial back its monetary support, and a workforce that’s been
MoMo Productions | DigitalVision | Getty Images If you bought or “exercised” company stock options in 2021, you need to watch for tax pitfalls when filing, according to financial experts. A stock option is the chance to buy stock in the company that employs you at a specific price, with profit potential if the value
d3sign Robots want to be your next financial advisor. Not too long ago, that notion may have smacked of sci-fi whimsy — “Star Wars” cyborg C-3PO in a power suit on Wall Street, perhaps. But robots, or so-called “robo-advisors,” may soon manage more than $1 trillion of Americans’ wealth. These aren’t actually tangible robots; they’re
In this article UPS Images from video show emptied boxes along rail tracks in Los Angeles after thieves broke into Union Pacific cargo trains. Source: NBC4 | Los Angeles Instead of shoplifting from stores, some thieves are zeroing in on another target: Trains and delivery trucks full of packages on the way to customers’ doorsteps.
Sarah Bloom Raskin, in her role as Deputy Treasury Secretary at the Treasury Department in Washington, October 2, 2014. Yuri Gripas | Reuters President Joe Biden will nominate Sarah Bloom Raskin to be the Federal Reserve’s next vice chair for supervision, arguably the nation’s most powerful banking regulator, according to people familiar with the matter.
In this article FB Jabari Young wearing the Oculus Quest 2 device. Source: Jabari Young Boston Celtics head coach Ime Udoka popped up from the team bench, and before I knew it, he was blocking my view. Indiana Pacers coach Rick Carlisle was close enough for me to see his Cole Haan shoes, and I
Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s exports grew slightly more than expected in December, while imports rose less than expected, according to customs data released Friday. Exports rose by 20.9% year-on-year in U.S. dollar-terms, above the 20% increase forecast by a Reuters
This image provided by Jeopardy Productions, Inc. shows game show champion Amy Schneider on the set of “Jeopardy!” Schneider is the first trans person to qualify for the show’s Tournament of Champions. Jeopardy Productions | AP Amy Schneider has been on a “Jeopardy!” roll. The Oakland, California-based software engineering manager recently surpassed $1.1 million in
In this article TSLA LAC-CA PLL The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new electric vehicle companies like Rivian and Lucid are rolling new models off the line. In order to
Sarah Bloom Raskin Andrew Harrer | Bloomberg | Getty Images In what likely will be just a few months’ time, the Federal Reserve will look a lot different: Three new governors, a new vice chairman, a new banking chief and likely a couple new regional presidents. But while the parts of the institution’s upper echelon
Jeffrey Smith, chief executive officer and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images 2021 was a busy year for activist funds, with notable investors including Starboard Value, JANA Partners and Carl Icahn pushing for meaningful change at an array of companies. In all, activist shareholders embarked on