Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
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Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.
The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?
Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.
Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.
Sometimes, markets don’t need breathless buzzwords to get excited. Sometimes, “marginally encouraging” will do. Ask Pfizer shareholders.