Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.