The fashion world is currently experiencing a denim revolution with the rise of Western wear. Popularized by iconic figures like Beyoncé and Taylor Swift, denim on denim looks are gaining popularity among stylish shoppers. Levi Strauss, the 171-year-old clothing maker, is reaping the benefits of this trend as consumers flock to top-to-bottom denim outfits. According
Apple’s mixed-reality headset has finally hit the shelves in China, but with a retail price that is significantly higher than in the U.S. Starting at 29,999 yuan ($4,128) in China, the device is priced approximately 18% higher than its $3,500 retail price in the U.S. This price difference has sparked conversations among Chinese consumers, with
In a recent exclusive interview, George Zhao, the CEO of Honor, a Chinese smartphone company, emphasized the crucial role of protecting user data in leveraging the power of artificial intelligence. Zhao stated that without proper data security and user privacy protection, AI would be rendered useless. This is a sentiment echoed by many in the
The cost of prescription medications in the U.S. has been steadily increasing over the past few years, far outpacing the rate of inflation. Data from drug savings company GoodRx shows that prices have risen by 37% since 2014. This surge in prices is leading to higher out-of-pocket expenses for consumers, with the average American now
Chewy shares experienced a significant rally after Roaring Kitty, also known as Keith Gill, posted a cryptic image resembling the online pet food retailer’s logo on a social media platform. This tactic, widely used by Gill to stir up trading in speculative names such as GameStop, initially drove up Chewy shares by as much as
Chinese automakers are on track to capture a significant portion of the global automotive market share by 2030, with estimates suggesting they could reach 33% of the market. This growth is expected to come primarily from markets outside of China, where sales are forecasted to triple from 3 million vehicles in 2021 to 9 million
Recent reports indicate that the heat in the housing market is starting to dissipate, with home prices showing signs of decline compared to this time last year. While prices are still higher than they were previously, the gains are shrinking, causing sellers to adjust their expectations. According to data from real estate brokerage Redfin, the
President Joe Biden and former President Donald Trump are gearing up for the first presidential debate of the 2024 general election. One of the key topics that experts believe will take center stage during this debate is tax policy. Both candidates will have the opportunity to showcase their stance on tax-related issues, particularly the Republicans’ expiring
Walgreens, a retail pharmacy giant, experienced a sharp decline in its shares by almost 20% following its disappointing fiscal third-quarter earnings report. The company cited a challenging environment for pharmacies and U.S. consumers as the primary reasons for its underperformance. CEO Tim Wentworth mentioned that the consumer’s resistance to current pricing and the shocking prices
H&M, the world’s second largest retailer, reported a smaller-than-expected increase in second-quarter profits, leading to a significant drop in their stock price. Operating profit for the period fell short of analysts’ expectations, causing shares to plummet over 13%. The company also expressed concerns about its June sales, citing bad weather as a potential hurdle. H&M