Dubai Duty Free opened a series of luxury boutiques during the pandemic including this one from … [+] Dior. Dubai Duty Free Dubai Duty Free is forecasting a big hike in sales this year helped in part by a traffic uplift at Dubai International Airport (DXB)—and despite high-spending Chinese passengers still hardly to be seen.… More
MIAMI, FLORIDA – AUGUST 28: Sandy Alcantara #22 of the Miami Marlins delivers a pitch to the … [+] Cincinnati Reds in the sixth inning at loanDepot park on August 28, 2021 in Miami, Florida. (Photo by Julio Aguilar/Getty Images) Getty Images In just his 16th start of the season, Miami Marlins ace Sandy Alcantara… More
All’s Well That Ends Well: The first folio opened to one of the 18 plays that would have been lost … [+] had the folio not been assembled by Shakespeare’s colleagues John Heminges and Henry Condell. Sotheby’s We forget the monumental literary, social and philosophical debt that we owe two of Shakespeare’s very closest actors,… More
New York Jets right guard Alijah Vera-Tucker, shown speaking to reporters in May, is switching from … [+] left to right guard this season. (AP Photo/Seth Wenig) ASSOCIATED PRESS The New York Jets are scheduled to begin training camp, for both rookies and veterans, on July 27 in Florham Park, N.J., one day after veterans… More
Priah Ferguson arrives at the “Stranger Things” FYSEE Los Angeles Event on Friday, May 27, 2022, at … [+] the Netflix FYSEE Space at Raleigh Studios. (Photo by Jordan Strauss/Invision/AP) Jordan Strauss/Invision/AP Please note: Pre-finale, Stranger Things Season 4 spoilers are possible. Stranger Things fans already know that 11-year-old Erica Sinclair originally wasn’t supposed to… More
George and Olivia Harrison. Michael Simon For decades Olivia Harrison has been very open in acknowledging her love for her late husband and Beatles legend, the late George Harrison. She’s written a biography about George, co-produced a documentary with Martin Scorsese about George and even collected a Grammy for her work producing the documentary in… More
The 2S22 in action on the coast. Ukrainian defense ministry photo The Ukrainian army’s rarest artillery played a pivotal role in finally driving Russian troops off strategic Snake Island in the western Black Sea. Official video from the defense ministry in Kyiv depicts the 2S22 truck-mounted howitzer—only one of which is known to exist—firing on… More
Cleveland Guardians’ Andres Gimenez celebrates as he rounds the bases after hitting a game-winning, … [+] two-run home run against the Minnesota Twins during the ninth inning of a baseball game Thursday, June 30, 2022, in Cleveland. (AP Photo/Ron Schwane) ASSOCIATED PRESS These are not the American League Central standings most everyone projected before the… More
Investment team discussing inflation strategy getty The inflationary trend is now self-perpetuating, but that doesn’t mean investors cannot earn excellent returns. Start with today’s inflation: The three underlying causes are: Too much money Too low interest rates Inflationary actions/reactions being taken by businesses, other organizations, employees, consumers, investors and Wall Street Number 3 is the… More
In yet another 6-3 ruling split into ideological camps, the Supreme Court limited the EPA’s ability to combat global warming. The impact of this ruling will go far beyond the EPA’s capacity to curtail climate change, however. The narrow demarcation of regulatory authority could potentially reduce the discretionary powers of all federal agencies—an about face… More
To Cope with Record Inflation, Americans Have Opened Up a Record Number of Credit Cards As Americans grapple with the highest inflation in 40 years, the number of new credit cards have surged as more Americans rely on them to keep up with high prices. According to a recent report from the Federal Reserve, revolving… More
Peloton shares are down 74% this year and close to 95% from their peak.Getty Images The U.S. stock market wrapped up its worst first half since 1970 on Thursday, falling 21.1% since the year began and exposing investors in overvalued growth sectors to severe losses. Of the 1,625 companies with market values exceeding $2 billion,… More
In trading on Thursday, shares of Walgreens Boots Alliance were yielding above the 5% mark based on its quarterly dividend (annualized to $1.91), with the stock changing hands as low as $38.13 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock… More
House real estate graph getty Facing record-high year-over-year rates of inflation, the Fed has been trying to combat it with a series of rate hikes that many Americans haven’t seen in decades. Rising mortgage rates have certainly had an impact on housing markets in the United States, with the number of home sales nationally declining… More
401(k) plan getty Bear markets can be emotionally fraught times, as investment balances fall, and the economy slows. Potential concerns over layoffs and budget cutbacks often also rear their head. It can certainly be tempting to cut your contributions to retirement funds to attempt to avoid further losses, or warehouse cash positions to invest when… More
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