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Louis Vuitton owner LVMH sales slump on weak China demand

Bernard Arnault's luxury fashion group LVMH led rival stocks lower on Wednesday after reporting disappointing sales due to weak demand in China. LVMH's fashion and leather goods division, which includes iconic brands such as Louis Vuitton and Dior, saw sales fall 5%, well below expectations for 4% growth. The sector's sales declined for the first […]

Afghan ISIS terror plot: Biden admin agencies point fingers as lawmakers demand answers

Government agencies are under fire over how an Afghan man now charged with planning an election day terrorist attack was allowed into the United States and when he allegedly became radicalized . Lawmakers are seeking more information. Last week, authorities announced the arrest of Nasir Ahmad Tauhedi on suspicion of planning a polling day terrorist […]

Mortgage rates surge higher, further hurting demand

“Global Mansions” host and real estate expert Katrina Campins offers her best tips for strengthening your housing portfolio and weighs the impact on the market under a future Trump or Harris administration. Mortgage rates rose significantly this week, and demand fell for the second week in a row. Freddie Mac's latest Primary Mortgage Market Study, […]

Netanyahu Blasts Macron’s Arms Embargo Demand as a ‘Disgrace’

Prime Minister Benjamin Netanyahu slams President Emmanuel Macron for calling for a Western arms embargo on Israel's military operation to root out Hamas terrorists in the Gaza Strip, branding the French president's comments “disgraceful” Meanwhile, Jerusalem vowed to win the battle with or without government support. Paris and other fickle allies. Prime Minister Benjamin Netanyahu […]