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The highly anticipated deal is expected to relaunch Versace's fortunes, after middling post-pandemic performance as part of the U.S. luxury group Capri Holdings.

President Trump suggested that the rising cost of living in the United States is a "fake narrative" that is being pushed by Democrats.

The OECD also raised its forecast for U.S. growth this year - to 2%, up from the 1.6% it had forecast in June.

The gift has little precedent in terms of size, with few single charitable commitments in the past 25 years exceeding $1 billion.

Companies that enable investors to buy and sell cryptocurrencies, as well as the growing number of companies who have made investing in bitcoin their main business focus, were hammered in Monday's sell-off.

Nearly every metric economists use to determine the strength of the economy "is somewhere between moderately concerning" and "virtually stagnant," said economic expert Ben Harris.

On the same day as the nonprofit world's Giving Tuesday, airlines, hotels, cruise ship companies, travel booking platforms and tour operators get in on the annual spirit to spend by promoting one-day deals.

Deals promoted as some of the best of the holiday season are expected to keep people across the United States glued to their computers and smartphones on Cyber Monday.

This week we're launching our new video podcast "Settle In." In the premiere episode, Amna Nawaz has a fascinating discussion with financial journalist Andrew Ross Sorkin about his new book, "1929: Inside the Greatest Crash in Wall Street History and ...

The annual sales event still brings more shoppers into stores than any day of the year and still rules as the U.S. retail industry's unofficial start of the holiday shopping season.