Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.
DraftKings Inc. shares rose as much as 6% in extended trading as investors looked past a disappointing first quarter hurt by a March Madness basketball tournament that went especially well for gamblers.
Paramount Global, the parent of CBS and MTV, reported first-quarter results that beat analysts' estimates, reflecting the improving performance of its Paramount+ streaming platform.
New York City officials cut their forecast for the number of international tourists this year by 17%, saying President Donald Trump's tariffs and hard-line policies on immigration are deterring visitors.
Los Angeles Mayor Karen Bass and Inglewood Mayor James Butts on Thursday announced an unprecedented dual-venue format for the 2028 Summer Olympic Games opening ceremony that will utilize both the Los Angeles Memorial Coliseum and SoFi Stadium.
Los Angeles Mayor Karen Bass is navigating one of her city's most challenging periods in decades. She's facing a nearly $1 billion budget shortfall, the long recovery from January's wildfires, and preparations for two of the world's largest sporting ...
Amid a wave of deregulation, legal aid groups are worried about cuts to federal rental assistance and fair housing enforcement, especially for immigrant tenants.