A real Armani polo shirt might cost 1,400 yuan ($190) if bought from the fashion house’s shop on JD.com, one of China’s biggest e-commerce platforms. But search for “Armani manufacturer” on the same app and similar shirts can be found for just 60 yuan. The cheaper offerings seem to have been made by Armani suppliers and sold directly to local consumers without the brand’s mark-ups—a steal for Chinese shoppers, if true.
Treasury Secretary Scott Bessent expressed confidence Tuesday that a trade deal with China is near.With so-called reciprocal tariffs set to...
Last week, Anthropic, the AI company behind the Claude chatbot, settled a landmark class-action lawsuit for $1.5 billion. The amount...
The BDS (Boycott, Divest and Sanctions) movement appears to be going from strength to strength. As with South Africa, it...
The Federal Reserve is set to lower the target policy interest rate this week in spite of the fact that...
President Donald Trump believes that companies should cease reporting on a quarterly basis and switch to semiannual reports instead. Trump...
We are in the midst of America’s biggest moral panic since 2001. I call it the influencer apocalypse because it...
The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.
