July 10, 2019 / By mobanmarket
A California-based cannabis product company on Tuesday announced that it's teamed up with billionaire rapper Jay-Z who they’ve tapped to serve as their chief brand strategist. Continue Reading Below As part of his position with Caliva, the music icon will be tasked with “driving creative direction, outreach efforts and strategy for the brand,” the company […]
View ArticleJuly 10, 2019 / By mobanmarket
Supreme‘s devoted hypebeasts, who can be found lined up outside its New York City store daily, serve as a constant reminder that, when done right, there’s something unarguably enticing about drop retail. In a bid to appeal to Gen-Zers, luxury brands in China have been taking a page from Supreme’s book by orchestrating their own […]
View ArticleJuly 09, 2019 / By mobanmarket
Diamond retailer Tiffany & Co.’s latest June earnings attributed its continued negative growth to two main factors: a strong U.S. dollar throttling its overseas sales and softer tourist spending across its main markets. Indeed, shifting currency headwinds constantly challenge luxury brands who depend heavily on Chinese tourist spending. Meanwhile, foreign policy like the full-blown trade war […]
View ArticleJuly 07, 2019 / By mobanmarket
A better-than-expected June jobs report sent stocks falling Friday morning as it poured cold water over the chance of a rate cut by the Federal Reserve at the end of the month. Continue Reading Below Viewed as critical to the U.S. central bank’s decision-making process during its two-day meeting in July, the jobs report, published […]
View ArticleJuly 06, 2019 / By mobanmarket
Awhile back, an uptick in unemployment, as we saw in the June jobs report to 3.7 percent, would be cause for concern in the sense that it could signal the chances for a recession may be building. Continue Reading Below Click Here: Sports Water Bottles Fast forward to 2019, over two years into President Trump’s term, rising unemployment, albeit […]
View ArticleJuly 06, 2019 / By mobanmarket
As investors digest June’s strong jobs report, the Federal Reserve is giving those same investors a preview of what Chairman Powell will discuss next week on Capitol Hill when delivers his semi-annual monetary policy report to Congress on Wednesday and Thursday. Continue Reading Below In the report, released Friday, policymakers repeated their pledge to "act […]
View ArticleJuly 05, 2019 / By mobanmarket
Nike on Tuesday said it canceled the planned launch of its “Betsy Ross flag” sneakers out of concerns that the design could upset some customers, hours after a report that former NFL quarterback Colin Kaepernick had raised concerns about the shoe. Continue Reading Below “We regularly make business decisions to withdraw initiatives, products and services. […]
View ArticleJuly 04, 2019 / By mobanmarket
On Tuesday evening, President Trump – who frequently assails the Federal Reserve for its interest rate policy – tapped conservative economist Judy Shelton to serve on the seven-member board of the U.S. central bank. Continue Reading Below Shelton, who serves as the U.S. executive director at the European Bank for Reconstruction and Development, was one […]
View ArticleJuly 04, 2019 / By mobanmarket
President Trump praised legislators in New Jersey after the state’s Democratic Gov. Phil Murphy officially signed on to a state budget over the weekend that did not include his pet tax project – which would have raised rates on people earning more than $1 million. Continue Reading Below Trump said the decision would keep “many” […]
View ArticleJuly 03, 2019 / By mobanmarket
StockX CEO Scott Cutler on Tuesday said the sneaker resale site would prohibit further sales of Nike’s “Betsy Ross flag” shoes, hours after the brand's decision to cancel the product release sent prices surging on the secondary platform. Continue Reading Below “We have decided to remove the Nike Air Max 1 USA from our site […]
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