Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4% […]
CNN — When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for those […]
CNN — Now that the Fall-Winter 2023 catwalks have been disassembled, it’s clear one trend was more pervasive than any collective penchant for ruffles, pleated skirts or tailored coats. Across runways in New York, London, Milan and Paris, there was a notable scarcity of plus-size models. This comes at a time when there are five […]
CNN — The escalating climate crisis is shifting many people’s purchasing patterns and this extends to the $500 billion dollar global beauty industry which is grappling with a range of sustainability challenges across product manufacturing, packaging and disposal. Strategy and consulting firm Simon Kucher’s Global Sustainability Study 2021 found 60% of consumers around the world […]
CNN — A Syrian who arrived in Germany as a refugee in 2015 has won a mayoral election in the southwestern German state of Baden-Württemberg. Ryyan Alshebl, who left his hometown of As Suwayda in Syria eight years ago, ran as an independent in the municipality of Ostelsheim. He won 55.41% of the votes on […]
Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. CNN — Kwame Brathwaite, the pioneering activist and photographer whose work helped define the aesthetics of the “Black is Beautiful” movement of the 1960s and beyond, died on April 1, aged 85. His son, Kwame Brathwaite, Jr, announced […]
London CNN — The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it’s enjoying a comeback. Sterling hit its highest level against the US dollar in 10 months on Tuesday, topping $1.25 for the first time since June 2022. The pound, […]
Hong Kong CNN — China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing. The Cyberspace Administration of China (CAC) will review products sold by Micron in the […]
New York CNN — OPEC and its allies’ surprise move to slash oil production will soon be felt at US gas pumps. The group known as OPEC+ announced Sunday it would cut oil production by more than 1.6 million barrels a day starting in May, running through the end of the year. The news sent […]
CNN — A new study found a moderately higher risk of autism spectrum disorder in children born to pregnant people exposed to tap water with higher levels of lithium, but experts caution that this association does not show a direct link between the two. About 1 in 36 children in the US is diagnosed with […]
