- Canada Goose, beat market expectations for quarterly revenue on Thursday, backed by a strong recovery in demand for its pricey puffer jackets in China even as spending on luxury goods remained weak in the U.S.
The company joins peers such as Birkin bag maker Hermes and Italy's Prada in seeing a sturdy demand for high end products and in defying a broader slowdown in key market China, which is grappling with a property crisis and youth unemployment. Bill Ackman, the renowned billionaire hedge fund manager of Pershing Square Capital Management, maintains a portfolio of only eight stocks. This focused approach allows him to invest heavily in...The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.It costs you less to trade US stocks at Interactive Brokers than at other brokers. Your capital is at risk.
NEW YORK — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit card number printed on every card increasingly irrelevant. They will be some of the biggest changes to how payments operate in the U.S. since the U.S.