E.l.f. Beauty’s latest quarter results showcased a remarkable 50% increase in sales, reaching a total of $324.5 million. This growth follows an impressive 76% surge in the same period the year prior. CEO Tarang Amin attributed this success to growth across all product categories, with the Bronzing Drops serum standing out as a best seller
Recent reports from the Federal Reserve Bank of New York and TransUnion have revealed a concerning trend in the United States – credit card debt is on the rise. Americans collectively owe a staggering $1.14 trillion on their credit cards, with the average consumer carrying a balance of $6,329, marking a 4.8% increase year over
Eli Lilly recently released its second-quarter earnings report and it has exceeded expectations by a significant margin. The company reported earnings and revenue that surpassed forecasts, and this has led to a surge in its stock price. Shares of Eli Lilly jumped more than 7% following the release of the earnings report, indicating that investors
Dolce and Gabbana’s latest luxury perfume for dogs has caused quite a stir in the animal welfare community. At a price tag of over $100, this perfume mist for dogs is inspired by Fefé, the pet dog of brand-owner Domenico Dolce. The fragrance boasts a blend of “fresh and delicate notes of Ylang Ylang, Musk,
The European banking landscape has been a subject of interest among policymakers, with hopes for the emergence of larger, more robust banks across the continent. In this context, Italy has been singled out as a potential hotspot for significant merger and acquisition (M&A) activity in the near future. Analysts have pointed to several key factors
Siemens, the German industrial technology giant, reported a quarterly operating profit of 3 billion euros, which was 11% higher than the same quarter last year and surpassed analyst expectations. Despite challenges in the market, the company’s performance was described by CEO Roland Busch as “very, very strong.” Although comparable orders decreased by 15% from the
Stocks @ Night is a daily newsletter that provides insights into the stock market trends after hours. In the recent report, CNBC TV’s Diana Olick discussed the state of office demand in the U.S., with a particular focus on New York City. SL Green has shown impressive growth, with a 12% increase in the past
JPMorgan Chase CEO Jamie Dimon recently shared his thoughts on the current state of the U.S. economy. Despite previous concerns, Dimon still believes that the chances of a “soft landing” are relatively low, sitting at around 35% to 40%. This means that he sees a recession as the more probable scenario. Dimon’s stance echoes his
Retirees are finding it increasingly difficult to make ends meet as they struggle to afford basic necessities. The issue of exempting Social Security from income taxes has gained bipartisan support across the political spectrum. This has become a point of contention in the 2024 election, with Former President Donald Trump proposing a federal policy and
On Wednesday, the U.S. stock market saw a positive trend following a three-day losing streak. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced gains, with percentages ranging from 1% to 1.9%. Jim Cramer described the day as a “good day” after Monday’s decline, attributing the sell-off to the unwinding of the
