Business Insider

Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan booms.

It looks like the party's over for luxury goods in China

The Guardian

Shares down 4.4% on Wednesday as demand for fashion, watches, leather goods, perfumes and cosmetics slows

Shares in LVMH and Kering down as shoppers rein in luxury spending

PARIS (Reuters) - Birkin-bag maker Hermes reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even as less affluent consumers pull back. The French group's results stand out after a string of disappointing earnings updates from rivals - including...

Birkin handbag maker Hermes outshines rivals with big sales jump

Reuters

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Nissan profit wiped out by US discounts; shares hammered

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Plans to build 92 homes in a village on the border between Leicestershire and Derbyshire have been withdrawn. An application to construct the buildings - about 80% of which were to be affordable housing - off Hepworth Road in Woodville was submitted to North West Leicestershire District Council in May last year.

Plans for 92 new homes withdrawn

Amazon's price-to-sales ratio is near its 10-year average. Smartphone chip leader Qualcomm is again connecting with investors. Meta Platforms isn't dependent on AI spending for long-term growth. These companies are winning now and should continue winning for the foreseeable future. Don't let Nvidia's raging popularity distract you from the fact...

3 AI Stocks to Buy With $1,000 and Hold Forever

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community_voice

Total Apex Sports & Entertainment

Kim Kardashian and Kanye West are two of the biggest celebrities in modern times. While much of the happenings between the two involved their marriage and divorce, there are bigger things for them to focus on. Most notably their children.

Kim Kardashian and Kanye West’s Son Diagnosed With Rare Skin Condition

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Nestle, Unilever sales disappoint as consumers hunt for value

Cheddar

TOKYO (AP) — Global shares retreated on Thursday, with Tokyo’s benchmark losing more than 1,300 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street.

France's CAC 40 slipped 1.5% in early trading to 7,400.08. Germany's DAX fell 1.2% to 18,161.70, while Britain's FTSE 100 shed 1.1% to 8,066.27.

The future for the S&P 500 fell 0.2% while that for the Dow Jones Industrial Average rose 0.2%.

U.S. stock indexes suffered their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology.

In...

Global Shares Tumble after Big Tech’s Wipeout on Wall Street

Business Times

The U.S. economy demonstrated remarkable resilience in the second quarter, growing at a 2.8% annualized rate, significantly outpacing expectations. This robust performance, reported by the Commerce Department on Thursday, highlights the economy's strength despite ongoing challenges such as high interest rates and inflation.

US Economy Exceeds Expectations with 2.8% Growth in Q2, Signals Strong Consumer Spending

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

A convenience store has been shut down due to concerns over drug dealing, exploitation and links to organised crime. Cambridgeshire Police said officers executed a warrant to search Constanta Shop on Lincoln Road, Peterborough, on Monday. Drugs and weapons were found in the search, resulting in two men being arrested...

Drugs and weapons found in convenience store raid

Pub-goers have been rallying to save two cats after the venue was ordered by its owners to remove them. Malt and Hops have been at The Wellington in Birmingham for five years but owner Black Country Ales has said they have to go. It has not been confirmed why the...

Anger over plans to remove cats from pub

Namibian Michelle Nehoya has spent nearly $500 (£390) on the application process for a visa to visit Canada - but almost two years later it has yet to materialise. The 38-year-old, who lives in Namibia's capital, Windhoek, is desperate to get to Quebec to see her aunt and cousins whom she has not seen for almost a decade.

Namibia turns the visa tables on Western nations

CNBC's Jim Cramer on Tuesday discussed consumer behavior, saying many are fed up with high prices of certain companies' products and services, such as those in the airline or retail business. "Consumers at last are finally saying no. They are pushing back on high prices, they are demanding bargains," he...

Cramer says consumers are more frugal, turning from companies without value prices

Virginia State

Mercurochrome and Merthiolate were in medicine cabinets in many Virginia homes decades ago. They were in bottles with droppers that gallons the red liquid. Looking at that old bottle in the above image brings back many memories.

Mercurochrome and Merthiolate once were in many Virginia homes

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

The US jewelry market is showing signs of stability even as ongoing inflationary pressures and rising interest in synthetic diamonds weigh on sales. After several years of volatility, the market appears to have set a base from which to stimulate growth. “Last year began a normalization after the declines experienced...

A Jewelry Safe Haven: US Market Shows Stability

NewsBreak

Luxury brands suffer as Chinese shoppers hold back

China's economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world's top luxury brands. LVMH says...

Luxury brands suffer as Chinese shoppers hold back

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