China’s biggest e-commerce platforms issued a raft of numbers showing robust sales growth during the country’s biggest annual online shopping gala, belying concerns about the …
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Economy
Strike Shuts Eastern US and Gulf Ports, Threatening Economy
Dockworkers walked out of every major port on the US East and Gulf coasts for the first time in nearly 50 years, staging a strike …
Fed Cuts Rates by Half Point in Decisive Bid to Defend Economy
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a policy shift aimed at bolstering …
Chinese Swap Handbags for Trips as ‘Experience Economy’ Booms
Watching orders dwindle as China’s housing market slumped, factory owner Zheng Weirong decided to take action and protect his steel business from the real estate …
LVMH Billionaire Bernard Arnault Says He’s Confident About US Economy, At Star-Studded Tiffany Event
French billionaire Bernard Arnault said he’s upbeat about the outlook for the US economy, even as economists debate the likelihood of a recession. Asked on …
Why Some Brands Are Thriving in a Tough Economy – and Others Aren’t
Consumers are getting pickier about where they shop as inflation and a cooling economy take their toll. Some of the biggest names in fashion and …
Car wrecks, pay cheques and puppy palaces: the fringes of the share economy | Australian lifestyle
Trianda Jubian is getting ready to host a one-year-old’s birthday party. The event will take place in her back yard, in the Sydney suburb of …
From retail to transport: how AI is changing every corner of the economy | Artificial intelligence (AI)
The high profile race to enhance their search products has underscored the importance of artificial intelligence to Google and Microsoft – and the rest of …
The BoF Podcast Episode 45: What Can Fashion Learn From a Sharing Economy?
Speaking at #BoFVOICES, Joe Gebbia explained his duct tape philosophy on innovation and how the sharing economy can power philanthropy for the 21st century. Read …
The BoF Podcast Episode 26: State of the Global Economy
For the first time in years, all of the world’s major economies are growing again and yet geopolitical risk has never been higher. What to …
The Debrief | The State of the Influencer Economy
Follow The Debrief wherever you listen to podcasts. Background: Things move fast on the internet. In just the past few years, there have been a …
BoF LIVE | The Influencer Economy
As social media continues to evolve, so does the role of the influencer. Join us on Thursday, September 29th as BoF’s Lauren Sherman and Diana …
US Economy Shrinks for a Second Quarter, Raising Recession Odds
The US economy shrank for a second straight quarter, raising chances of a recession, as decades-high inflation undercut consumer spending and Federal Reserve interest-rate hikes stymied …
Zalando Plunges After Cutting Guidance on Worsening Economy
The German e-tailer’s shares tumbled the most in more than three years after Europe’s largest online retailer slashed its profit forecast, blaming worse-than-anticipated macroeconomic conditions. …
‘Economy wins wars’: the projects helping shoppers to support Ukraine | Ukraine
Creatives in Ukraine are trying to harness consumer power in an attempt to keep the country’s economy going amid the Russian invasion. Before the war …