After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company’s brand CEOs. In its earnings call this week, LVMH reported that sales for its watches and jewelry group increased 3%, after falling in the previous quarters. The...
DETROIT — As President Donald Trump’s threat to impose 25% tariffs on imports from Canada and Mexico as soon as Saturday looms, the global automotive industry is collectively holding its breath. For months, automakers have been taking a “wait-and-see” approach to the Trump administration’s potential tariffs. Trump promised to impose duties upon his inauguration this month, then he set a target...
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target, the Commerce Department reported Friday. The personal consumption expenditures price index increased 2.6% on a year-over-year basis in December, 0.2 percentage point higher than the November reading and in line...
BOSTON — A U.S. judge has temporarily blocked federal prison officials from transferring a transgender woman to a men’s facility and denying her access to gender-affirming care in accordance with an executive order issued by President Donald Trump, her lawyers said on Thursday. The temporary restraining order was issued by U.S. District Judge George O’Toole...
Five Thai nationals held hostage by Hamas since its Oct. 7, 2023, attack on Israel were released Thursday. They were among 31 Thais taken by the militant group, of whom 23 have already been released. Another two have been confirmed dead, and the status of one remaining person is not clear. According to Thailand’s Ministry of Foreign...
Illinois Gov. JB Pritzker is blocking those who took part in the Jan. 6, 2021, attack on the U.S. Capitol from working in state jobs, ignoring President Donald Trump’s attempt to offer them a clean slate last week in a sweeping set of pardons and commutations. Late Thursday, Pritzker directed the state’s Department of Central...
An order sidelining almost 60 senior career leaders at the U.S. Agency for International Development was temporarily rescinded Thursday by one of the few remaining senior career civil servants with the authority to do so, two current and two former USAID employees told NBC News. Hours later, the same career employee was also placed on...
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Tulsi Gabbard, Kash Patel, RFK, Jr.: Latest confirmation vote count 02:10 UP NEXT Gov. Youngkin urges support of families affected by DC plane crash 04:51 White House rescinds funding freeze memo after confusion 00:29 Robert F. Kennedy Jr....
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IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Capt. ‘Sully’ Sullenberger weighs in on DC plane crash 06:00 Former fighter pilot talks plane crash, crowded airspace over DC 05:14 Retired American Airlines pilot shares analysis on DC plane crash 06:18 Gov. Youngkin urges support of families...