Under Armour’s Steph Curry 5s are flying off the shelves — and it’s great news for the stock, analyst says (UAA)

Ezra Shaw/Getty Under Armour‘s much-anticipated Steph Curry 5’s are selling out.  The brand’s HOVR sneakers are also performing well.  The trend strengthens Jefferies analyst Randal Konik’s bull case for the sports-apparel retailer.  Watch Under Armour trade in real time here.  One of Under Armour‘s most-anticipated products is living up to the hype, and that could […]

As inequality grows, so does the political influence of the rich

SQUEEZING the top 1% ought to be the most natural thing in the world for politicians seeking to please the masses. Yet, with few exceptions, today’s populist insurgents are more concerned with immigration and sovereignty than with the top rate of income tax. This disconnect may be more than an oddity. It may be a […]

Sales are soaring at Meghan Markle’s favorite affordable brand. Here’s everything you need to know about it.

Chris Jackson / Getty When Meghan Markle or Kate Middleton wear a new item in public, it’s not uncommon for it to sell out almost immediately.  Canadian retailer Aritzia told investors that it had experienced a boost in sales in the first quarter after Markle had been photographed wearing its clothing.  “By all accounts, Meghan […]

EU issues stark warning over the consequences of a no-deal Brexit

A no-deal Brexit will upend rights for millions of citizens, disrupt supply chains and cause “significant delays” at UK borders, the European Commission warns in a preparedness document. The document follows instructions from the European Council last month issued to member states last month to intensify preparations for all outcomes including a no-deal Brexit. The […]

Big banks like Goldman Sachs spectacularly failed to predict the World Cup winner — here’s why

Matthias Hangst/Getty Images Five major banks predicted the outcome of the World Cup in Russia, and all but one got it wrong. Goldman Sachs forecast that Brazil would lift the trophy, while UBS backed Germany. Banks were afflicted by the sheer unpredictability of this year’s tournament, which saw Croatia make it all the way to […]

FBI Director says China is ‘the broadest, most significant’ threat to the US and its espionage is active in all 50 states

FBI Director Christopher Wray has described China as “the broadest, most challenging, most significant threat we face as a country.” Wray’s comments come after a week of controversy surrounding President Donald Trump’s response to Russia’s interference in the 2016 election and ongoing meddling. Wray said there are economic espionage investigations linked to China in every US […]

Former US ambassador to Russia blasts Kremlin’s ‘crazy scheme’ to interview him while Trump considers the idea

AP President Donald Trump discussed with Russian President Vladimir Putin the possibility of allowing Russian officials to interview 11 Americans, in exchange for special counsel Robert Mueller to interview 12 Russians accused of meddling in the 2016 US presidential election. Russia’s list of interviewees included former US ambassador to Russia Michael McFaul. White House press secretary […]

The Spurs had a subtle difference in their goodbye messages to Kawhi Leonard and Danny Green, and some believe it’s a petty shot at the team’s departing superstar

@Spurs / Twitter The San Antonio Spurs traded beleaguered superstar Kawhi Leonard away to the Toronto Raptors along with Danny Green in exchange for DeMar DeRozan, Jakob Poeltl, and a 2019 pick. After the deal was made official, the Spurs sent both Leonard and Green off with farewell posts from the team’s official Twitter account. Some fans on […]

Cisco stock shoots up 3% after Amazon officially denies that it’s going to become a competitor (CSCO, AMZN)

REUTERS/Mike Blake Amazon says it will not produce its own networking switches, contradicting a recent report.  Cisco CEO Chuck Robbins and Amazon CEO Andy Jassy talked it over on the phone directly, says a Cisco spokesperson.  Cisco stock shot up about 3% after the denial. Amazon Web Services, the retailer’s cloud computing business, has officially […]

‘Why should this president have any credibility?’: Sarah Huckabee Sanders goes back-and-forth with reporter 16 times over what Trump meant when he said ‘No’

The White House press secretary Sarah Huckabee Sanders and reporters sparred during the White House press briefing on Wednesday. Earlier in the day, President Donald Trump said “no” after a reporter asked him whether the US is still a target of Russian-led cyberattacks and meddling into US elections. That directly contradicts what the director of […]