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☆ Stylists and designers share 8 shoe trends that are in and the 4 that are out for spring
▼ + stars: | 2024-03-18 | by ( Amena Ahmed | ) www.businessinsider.com time to read: +7 min

Business Insider asked three fashion experts to share which shoe trends are in and out for spring. Clogs and mules are easy, comfortable, and popular trends that are on the rise this season. Business Insider spoke to two fashion designers and a stylist about which shoe trends are in and out for spring. AdvertisementBallet-flat-inspired sneakers with openings at the top of the shoe and strap-like laces are coming to the forefront of high fashion, according to fashion designer Jarrah Webster. Edward Berthelot/Getty ImagesAlthough the chunky "dad shoe" silhouette was super popular this time last year, they're falling out of favor.

Persons: —, you'll, Jarrah Webster, Webster, Semarah Gabrielle, It's, Claudio Lavenia, Jazmin Monét, Jeremy Moeller, Gabrielle, they're, Edward Berthelot, Monét, they'll Organizations: Service, Ballet, Adidas, Puma, Reebok

☆ I started getting Botox in my mid-20s, and now that I'm 39, I'm so glad I did
▼ + stars: | 2024-03-10 | by ( Melissa Persling | ) www.businessinsider.com time to read: +6 min

I won a gift card for free Botox when I was 25 and I almost didn't use it. I've continued getting Botox for over a decade and I'm so glad I started in the first place. I sheepishly accepted the gift card and proceeded to hide in the corner. AdvertisementMelissa Persling started getting Botox when she was 25 after winning a free gift card. I'd like to think I'm saving money, but I'm probably lucky if I'm breaking even.

Persons: I've, —, sheepishly, Dora, Melissa Persling, I'd, I'm, It's, Botox, Bo, Jennifer Aniston, it's Organizations: Service Locations: —

It's a tall order for one coffee machine to accomplish multiple brewing methods easily and well. The Spinn Pro Espresso and Coffee Machine does it all in one smart, futuristic-looking machine. It falls into the super-automatic category of espresso machines, similar to another top pick, the Jura Z10 Espresso Machine. During setup, you must pair with the Spinn app: this is the only way to initiate maintenance functions. AdvertisementCleaningSeeing the dry grounds takes getting used to — I was almost tempted to try brewing them in my standard drip coffee machine.

Persons: I'm, Milk frother, I'd, Jaclyn Turner, Spinn, they're, I've Organizations: Business, Machine, Onyx Coffee, Espresso Republic Locations: burr, Jura, United States, Americano

☆ Boneless wings aren't wings at all, they're just 'oversized nuggets' — but restaurants love them because they're cheaper and easier to produce
▼ + stars: | 2024-03-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

But International Wing Factory in New York City doesn't describe them as boneless wings, preferring to simply call them boneless chicken. "I always wrote 'boneless' on my menu because being a chef, I know there is nothing called boneless wings," owner Deepak Ballaney told Business Insider. Sweet-potato fries, boneless wings, and bone-in wings from Wingstop. So-called boneless wings can also be easier to process because you don't have to deconstruct the bird as much, Tower said. AdvertisementOne Wingstop restaurant in Rochester Hills, Michigan charges $12.49 for 10 classic wings and $10.29 for the same number of boneless wings.

Persons: —, Deepak Ballaney, Ballaney, Grace Dean, Jon Tower, you've, Nick White, White, it's Organizations: Service, Factory, Business, Citi, Orange, Orange Buffalo, Buffalo Wild Wings Locations: New York City, Wingstop, Rochester Hills , Michigan, Orange Buffalo, London

☆ Millennials rejoice: Wedge sandals are back!
▼ + stars: | 2024-03-02 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

Chloé's runway show this week featured models (and celebs) in high-heeled wedge sandals. It wasn't the clothes on the models but rather the image of the celebrities sitting in the front row — all wearing big, chunky platform wedge sandals. Technically, Vogue already declared "wedge sandals are back" last April. AdvertisementElder millennials have suffered the indignity of seeing some of the trends of their youth come back — low-rise jeans, trucker hats. But wedge sandals?

Persons: —, Chemena Kamali, millennials, Vanessa Friedman Organizations: Service, Vogue France, Vogue, New York Times Locations: Paris

☆ Bobbi Brown is still living a life of luxury and lipstick — and it's all on her own terms
▼ + stars: | 2024-01-24 | by ( Amanda Krause | ) www.businessinsider.com time to read: +10 min

Bobbi Brown is a beauty icon with two major makeup brands. But through it all, Bobbi Brown has never budged from her status as a beauty icon. Bobbi Brown on set for Jones Road. It's hard to describe," Brown told BI, though she notes that "no one" does the "no-makeup" look better than her brand. According to SimilarWeb, a software company that analyzes internet traffic, the Jones Road site reached more than 850,000 visits in November 2023.

Persons: Bobbi Brown, Brown, —, Yogi Berra, Estée Lauder, freebies, Becca Cosmetics, James Charles, Ben Ritter, Jones, Cody Plofker, Plofker, There's, it's, SimilarWeb, she's, that's, Bobbi Organizations: Business, Service, Scholastic, Brands, Jones, Athletic Greens, Ikea Locations: Montclair , New Jersey, New York, Montclair, TikTok, New Jersey, London

☆ What is the 'Ballerina Farm controversy?' Some viewers feel an influencer's rustic homesteading videos don't add up with her family's stratospheric wealth
▼ + stars: | 2024-01-17 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

As her TikTok channel Ballerina Farm grew in popularity, controversy has also stirred. When Ballerina Farm pretends their reality is reality, those people are erased." Who is Ballerina Farm? The creator @caroclaireburkeeen has critiqued Ballerina Farm in several videos starting at the beginning of this year. Ballerina Farm did not respond to Business Insider's request for comment.

Persons: Hannah Neeleman, —, Hannah Neeleman —, sourdough, David Neeleman, Neeleman, Dean Martin, Farm's homemaking, Anne Helen Peterson, Meg Conley, Daniel, it's, She's, @caroclaireburkeeen, @thecopperpony, Ballerina Organizations: Juilliard grad, Service, Azul, JetBlue, Breeze Airways, Reuters, Juilliard, Vox Locations: Kamas , Utah

☆ A millennial woman said she's 'obsessed' with Gen Z's cozy going-out fashion and reflected on the 'uncomfortable' rompers and bandage skirts she wore
▼ + stars: | 2023-12-05 | by ( Kieran Press-Reynolds | ) www.businessinsider.com time to read: +5 min

Ally Rooker said she appreciates Gen Z students dressing much cozier, with baggy pants and simple tops. However, millennial viewers reflected fondly on their style, and some called Gen Z fashion "lazy." The clip has inspired other millennial viewers to reminisce on their mid-to-late 2000s fashion and argue over whether Gen Z fashion is innovative or uninspiring. AdvertisementWhile a few viewers thanked Gen Z for shattering nightlife attire conventions ("I'm soooo jealous of the gen z going out vibe," one user said), others denigrated the younger generation's style as "lazy" and "terrible." TikTok has been rife with clips comparing millennial and Gen Z fashion.

Persons: Ally Rooker, —, Gen, Rooker, Gen Z, TikTok, pant, @jessbritvich Organizations: Service Locations: Michigan

People who claimed the power to control nature and the energy resources around them saw the environment as a tool to be used for progress, historians say. Over hundreds of years, that impulse has remade the planet's climate, too — and brought its inhabitants to the brink of catastrophe. Tapping nature for its resources drove progress and productivity for some, but it's also been a major driver of emissions and environmental degradation. By the mid-19th century, steam power was adopted in manufacturing, cotton mills, steam ships and locomotives around the world, turning coal into a global trade. Centuries later, the United Kingdom has nearly weaned itself off coal, with weeks or months at a stretch where the national grid gets no coal power.

Persons: ”, Luis Zambrano, it's, Anya Zilberstein, ” Zilberstein, Vera S, Candiani, Jan Golinski, “, ” Golinski, Deborah Coen, Andreas Malm, Barak, it’s, J.R, McNeill, ” McNeill, Victor Seow, Elizabeth Chatterjee, “ Indira Gandhi, Chatterjee, Joshua Howe, Howe, Yale's Coen, —, ” Howe, Fredrik Albritton Jonsson, Jonsson Organizations: National University Autónoma, Concordia University, Mexico City —, America, Princeton, University of New, Yale, Lund University, Tel Aviv University, Laboratory, Global, Project, Energy, Georgetown University, Communist, University of Chicago, Reed College, . Environmental Protection Agency, U.S, AP Locations: Nations, Mexico, Lake Texcoco, Montreal, Spanish, University of New Hampshire, Maui, Britain, Sweden, ”, India, Egypt, Nigeria, Ottoman Empire, United Kingdom, Cumbria, England, Wales, Scotland, China, Japan, U.S, Europe, United States, British, Portland , Oregon

NEW YORK (AP) — Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending. Political Cartoons View All 1265 ImagesBut this year, retailers said more shoppers are focusing on deals and waiting until the last minute. Salesforce said online sales rose 1% to about $7.5 billion year-over-year on Thanksgiving, as retailers offered better deals. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago.

Persons: Yvonne Carey, Michael Kors, Cary, ” Carey, Jeff Gennette, Macy's, Gennette, Kohl’s, Brian Cornell, Salesforce, Sensormatic, Marshal Cohen, “, ” Cohen, ‘, Alexandra Olson, Anne Organizations: Herald, Macy’s Herald, Associated Press, Disney Princess, Target, New Jersey State Police Bomb Unit, Global, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Manhattan, Macy’s, New Jersey, New York City, U.S, New York

NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago. For the holiday 2021 season, sales for the two-month period surged 12.7%. Many retailers had already ordered fewer goods for this holiday season and have pushed holiday sales earlier in October than last year to help shoppers spread out their spending. But retailers said that many shoppers will be focusing more on deals and will likely wait until the last minute.

Persons: Brian Cornell, There’s, ”, Marc Metrick, Kohl's, Barbara Lindquist, That's, Lindquist, she’ll, “, Sensormatic, Marshal Cohen, ” Cohen, ‘, Anne Organizations: —, Shoppers, Walmart, Saks Fifth, Saks, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Hawthorne Woods , Illinois, Panama, U.S

☆ Opinion | Before Hillary Clinton, There Was Rosalynn Carter
▼ + stars: | 2023-11-21 | by ( Azadeh Moaveni | ) www.nytimes.com time to read: +4 min

Mrs. Carter had the canny instincts to know that a player who courts influence requires a court. Mrs. Carter’s charismatic press secretary, Mary Hoyt, led the fight for decent East Wing salaries, despite stiff opposition. President Carter was demanding sacrifice from all Americans and turning down the heat in the White House to cut costs. Feminists like Gloria Steinem faulted Mrs. Carter for not being sufficiently outré in her activism. “She creates neither love nor hate.”Neither America nor Washington was quite ready for Mrs. Carter at the time.

Persons: Carter, —, Mary Hoyt, Hoyt, Carter’s, Ford, ”, Kennedy, Gloria Steinem, “, Steinem, United Press International’s Helen Thomas, pettiness, Nancy Reagan, Katharine Graham, Andy Warhol, Mr Organizations: East Wing, Southern Baptist, White, United Press, Democratic Locations: Israel, Egypt, Washington, America, Wing, clogs, Georgetown, Georgia, Plains , Ga

☆ 'Dupes' clothing, perfume craze lures holiday shoppers as major brands fret
▼ + stars: | 2023-11-20 | by ( Katherine Masters | ) www.reuters.com time to read: +7 min

Hashtag searches for dupes of major brands - including Skims underwear and Deckers' (DECK.N) Ugg boots - have been viewed millions of times on TikTok. Graphic shows pictures of four original products and their original prices under named brands compared with the prices of their 'dupe' counterparts. Newer technologies like the Google Lens app allow people to take photos of items they like and find similar products for sale. In other cases, dupe sellers opt to replicate the look of higher-priced originals with cheaper materials to maximize profit. However, experts say dupe sellers have grown increasingly skilled at avoiding brand logos and other design features that could infringe existing patents or copyrights.

Persons: Lauren Maginness, Shannon Stapleton, Maginness, Estee, Tom Ford, Dupes, “, ”, Penny Pincher, Leslie Ghize, Doneger Tobe, Calvin McDonald, Ian Taplin, Juozas Kaziukenas, Kaziukenas, Maria Boschetti, Mike Scheschuk, Birkenstock, Katherine Masters, Dorothy Kam, Vanessa O'Connell, Rod Nickel, Matthew Lewis Organizations: REUTERS, Abercrombie, Fitch, Scout, Walmart, Department, Nordstrom, Circana Inc, COMMERCE, Wake Forest University, eBay, Google, HK, Amazon, New, Thomson Locations: New York City, U.S, Hong Kong, TikTok, Los Angeles, Zara, Italy, New York

☆ McDonald's and Crocs are releasing a line of $75 shoes inspired by Grimace and the Hamburglar
▼ + stars: | 2023-11-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

The home of the McNugget this week is rolling out a line of custom-designed clogs in collaboration with Crocs. The fast food-inspired lineup will feature three classic Crocs and one Crocs sandal based on McDonald's mascots Grimace, Hamburglar and Birdie, as well as the chain's classic red and yellow color scheme. The shoes will be released on November 14, retailing for between $70 and $75. Matching socks for each pair of shoes will retail for $20. Customers will be able to buy them at Crocs retail locations and wholesale partners.

Persons: McDonald's, Grimace, Hamburglar Organizations: Crocs, Mac

☆ I'm a Hawaiian Local. Here's What I Think About the Tourism Industry.
▼ + stars: | 2023-11-09 | by ( Pooja Mistry | ) www.businessinsider.com time to read: +7 min

Keani Rawlins-Fernandez grew up in Hawaii and has seen tourism increase over the years. Now a local council member, Rawlins-Fernandez says locals can feel overrun by tourists. Many economic, social, and financial issues arise with unrestricted tourism, and I don't know how Hawaii will continue to cope with these numbers. I grew up in Molokai, the only island of Hawaii where the economy is not reliant on tourism. My island in Molokai fared better because the model is to cater to local businesses and local patrons instead.

Persons: Keani Rawlins, Fernandez, Rawlins, —, Uncle Walter Ritte, We've, aren't, I've Organizations: Service, Maui County Council, Kaho'olawe, Systems, Fernandez Tourism, Department of Transportation Locations: Hawaii, Maui County, Molokai, Waikiki, Oahu, Hawaiian, Maui, Zion, Utah

NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, expects holiday sales growth will slow to a range of 3% to 4%, compared with 5.4% growth of a year ago. For the holiday 2021 season, sales for the two-month period surged 12.7%. Analysts say that shoppers could become rattled if the Israel-Hamas war is not contained, particularly heading into the critical holiday season. Political Cartoons View All 1230 ImagesThe forecast from the retail trade group considers a variety of indicators including employment, wages, consumer confidence, disposable income, consumer credit, previous retail sales and weather. The consulting firm Deloitte expects holiday sales to jump between 3.5% and 4.6%.

Persons: It's, Craig Johnson, They’re, Kohl’s, It’s, ”, Christie Raymond, “ We’re, they’ve, they’re Organizations: National Retail Federation, Analysts, Federal, Federal Reserve, Fed, Mastercard SpendingPulse, Deloitte, Growth Partners, clogs Locations: Israel

☆ Gifts for Gardeners? They’ve Got Them in Spades.
▼ + stars: | 2023-10-25 | by ( Max Berlinger | ) www.nytimes.com time to read: 1 min

Alan Calpe and Christopher Crawford set out to make a shoe for gardeners. But the bulbous clogs they designed for their brand, Gardenheir, quickly found a wider audience after being introduced in 2021. The clogs ($78) were among the first items that Mr. Calpe, 46, and Mr. Crawford, 44, released after starting Gardenheir, which specializes in gardening clothing and gear. But Mr. Crawford said including a shoe among their initial products was something of a last-minute decision. “It was toward the end, and Alan said, ‘I think we should have a shoe,’” he said.

Persons: Alan Calpe, Christopher Crawford, “, Mr, Calpe, Crawford, Alan, ‘, ”

☆ Birkenstock IPO gets predictable shoeing
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

A sign is illuminated at the entrance to a Birkenstock shoe store in London, Britain, October 11, 2023. REUTERS/Toby Melville Acquire Licensing RightsNEW YORK, Oct 11 (Reuters Breakingviews) - Birkenstock’s (BIRK.N) IPO is a flop. The Birkenstock enterprise was gunning for a multiple of 19 times EBITDA, well above that of Europe's luxury conglomerates. And if the first-day stock woes stick, a suitor might soon walk all over Birkenstock. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Toby Melville, L, gunning, Oliver Reichert don’t, Bernard Arnault, Pamela Barbaglia, Jeffrey Goldfarb, Sharon Lam Organizations: REUTERS, Reuters, Tech, Compagnie Financiere, X, Qantas, Thomson Locations: London, Britain, United States, Europe, New York, Brussels

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Birkenstock is the latest high-profile listing to put investor focus on the initial public offering (IPO) market, which is gradually reopening after two relatively quiet years and a burst of activity in September. Due to recent price hikes, worldwide footwear sales are expected to rise just 2.9% over 2022, according to market research firm Euromonitor International. AllBirds (BIRD.O), Dr Martens (DOCS.L), and On Running (ONON.N) have all seen their market value fall since their IPOs in 2021. "When you look at the trend of other shoe companies that have IPO-ed, it doesn't give a great outlook for Birkenstock," Valechha said.

Persons: Fabrizio Bensch, Birkenstock, Kellogg, Mamta, Cheviot, Valechha, Johann Adam Birkenstock, Barbie, Margot Robbie, Jessica Ramirez, Jane Hali, Siobhan Gehin, Roland Berger, Thomas Hayes, sneaker, Dr Martens, Allbirds, Alexandre Arnault, LVMH, Bernard Arnault, Matt Oguz, Iris, L, Ananya Mariam Rajesh, Helen Reid, Emma, Victoria Farr, Echo Wang, Abigail Summerville, Deepa Babington Organizations: REUTERS, LVMH, New York Stock Exchange, Euromonitor, Associates, Dick's Sporting, Reuters, Partners, Norges Bank Investment Management, Thomson Locations: Berlin, Germany, New York, London, Neustadt, United States, U.S, Cannes, Silicon Valley

☆ Kyiv brushes off US, Slovakia wobbles as EU ministers come to town
▼ + stars: | 2023-10-02 | by ( Olena Harmash | ) www.reuters.com time to read: +5 min

[1/3] Ukrainian Foreign Minister Dmytro Kuleba and European Union Foreign Policy Chief Josep Borrell shake hands before EU-Ukraine foreign ministers meeting, amid Russia's attack on Ukraine, in Kyiv, Ukraine October 2, 2023. Monday's meeting in Kyiv was touted by Borrell as an historic first, and provided striking photo opportunities for a succession of ministers in front of EU flags in the war-time capital. Several high profile right-wing Trump supporters in Congress have called for a halt to Ukraine aid. President Joe Biden's administration says it expects the House to pass a measure to keep aid to Ukraine flowing. In Europe, pro-Russian former prime minister Fico won the most votes in an election in Slovakia on Sunday and will get a first chance to form a government.

Persons: Dmytro Kuleba, Josep Borrell, Robert Fico, Kuleba, Annalena Baerbock, Dmitry Peskov, Donald Trump, Kevin McCarthy, Joe Biden's, Biden, Fico, Russia's Peskov, Peter Graff, Philippa Fletcher Organizations: Ukrainian Foreign, Union Foreign, EU, Press, Ministry of Foreign Affairs of, REUTERS Acquire, Russian, U.S . Congress, U.S, Congressional, Borrell, Kyiv, German, Republican, Trump, Congress, Republicans, Democrats, Reuters, Thomson Locations: Ukraine, Kyiv, Ministry of Foreign Affairs of Ukraine, Handout, Germany, Russia, KYIV, Slovakia, United States, Russian Slovakian, Moscow, Washington, America, Europe, Russian, NATO

☆ The 500-year-old hamam bringing Istanbul’s past to life
▼ + stars: | 2023-09-28 | by ( Alice Barnes-Brown | ) edition.cnn.com time to read: +10 min

CNN —Closed to the public for more than a decade, the stunning Zeyrek Çinili Hamam has just reopened its wooden doors to the world. A team of archaeologists and historians at the hamam helped those institutions to identify exactly where their Iznik tiles came from. Ottoman know-how and seamless minimalism come together inside the Çinili Hamam to create the ultimate zone-out space. The glass stars on the domed ceilings (a signature of Ottoman hamam design) allow just enough natural light to shimmer in, but not so much that it dazzles. Yazgan says the Zeyrek Çinili Hamam will closely replicate time-honored Ottoman bathtime traditions.

Persons: Hamam, Mimar Sinan, Suleiman the, Çinili, ”, Koza Yazgan, “, Sinan, London’s, Yazgan, Brüeckner –, Hammam, Murat Germen, Murat, Germen Murat Germen, puffy, ‘, Istanbul’s, It’s Organizations: CNN, hamam, Istanbul Biennial, Marmara Group, Egyptian Museum, UNESCO, Hagia Locations: Istanbul’s Zeyrek, Fatih, Zeyrek, Cairo, Abu Dhabi, Mimar, Turkey, Istanbul, Ayasofya, Hagia Sofia, Ottoman, hamams, Aivita, Marmara, Valens, –

☆ Shrek Crocs are officially real
▼ + stars: | 2023-09-17 | by ( Aj Willingham | ) edition.cnn.com time to read: +2 min

CNN —In the distant future, archaeologists will happen upon a Shrek Croc, its soft vinyl unsullied by the ages, and they will have questions. Crocs, the brand behind everyone’s favorite unapologetically ugly shoe, has collaborated with DreamWorks to craft an extremely important cultural artifact: The Shrek Croc. Green, freckled, and just a little scary, the Shrek Croc (or Shroc, if you will) has long been a dream for some Croc lovers. There actually is a 2018 Change.org petition floating around to “Make Shrek Crocs Real.” The good people at Crocs know what’s up too: In the run-up to the shoe’s launch on September 13, the official Croc X account retweeted 20 identical messages from an account called “Shrek Crocs,” all reading “Make Shrek Crocs real.”“The wait is over for the most wonderfully hideous Classic Clogs,” the shoe’s description reads. There are Pop Tarts Crocs (Croc-Tarts), Lisa Frank Crocs, Barbie Crocs, Crocs with fanny packs and even scented Crocs Jibbitz — a combination of words commanding almost as much dark energy as “Shrek Crocs.”Most reactions to the Shrek Crocs fall into one of two categories: “I need them immediately,” or “If you wear these in public I will perform a citizen’s arrest.” If your thoughts lean toward the former, you may want to hurry.

Persons: Margaritaville, Crocs, Lisa Frank Crocs, Barbie Crocs, fanny Organizations: CNN, DreamWorks

Walmart's logo is seen outside one of the stores ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. The merchandise mix Walmart (WMT.N) will carry rests not purely on retail executives' judgment but rather on software it developed around 2019. Its machine-learning algorithm relies on weather patterns and each store's past sales data to predict inventory needs of its more than 4,700 U.S. locations, a Walmart tech executive told Reuters. Walmart executives say it is aided by its large tech team in India, spanning three cities and employing 11,500. Software directs Walmart workers to use the quickest route while assembling online orders for pickup and delivery, Vasudev said.

Persons: Kamil Krzaczynski, D.A, Davidson, Michael Baker, Doug McMillon, Thomas Hayes, Hari Vasudev, Vasudev, David Klink, Huntington, Nandan Mandayam, Siddharth Cavale, Mark Porter Organizations: REUTERS, Walmart, Reuters, Target, Shoppers, Amazon, New, Great, U.S, Walmart's India, Software, Workers, Hunting Private Bank, Thomson Locations: Chicago , Illinois, U.S, United States, Bentonville , Arkansas, New York, India, Bengaluru, Target's, Walmart's

☆ 'Barbie' and 'Oppenheimer' box office debut sparks hope that cinema is back
▼ + stars: | 2023-07-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

That gave the pink-drenched film the largest opening weekend of 2023 so far and the biggest-ever debut for a female director. Timothy Richards, chief executive of Vue International, Europe’s largest privately owned movie theater operator, said in a statement Sunday that it had seen its biggest weekend in four years for ticket sales. AMC (AMC), the world’s largest movie theater chain, said last week that 60,000 people had bought tickets see both films on the same day. Cineworld, the world’s second-biggest movie theater chain and owner of Regal Cinemas, filed for bankruptcy in September after posting a total $3.3 billion loss over 2020 and 2021. So far, Cineworld has shuttered 51 of its Regal movie theaters in the US.

Persons: “ Barbie ”, “ Oppenheimer, kindling, “ Barbie, Barbie ”, “, Timothy Richards, “ Vue, ’ ” Richards, Greta Gerwig’s, Burger, Crocs, Airbnb, Christopher Nolan, J, Robert Oppenheimer, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, “ Barbenheimer, —, ” Daniel Loria, Michael O’Leary, Disney’s “ Indiana Jones, ” Organizations: London CNN, Warner Bros, Universal Studios, Warner Bros ., Vue International, Europe’s, “, United, AMC, CNN, National Associations of Theater Owners, Hollywood, Regal Cinemas Locations: Brazil, California, American, United States, Los Angeles, Disney’s

☆ Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases
▼ + stars: | 2023-07-12 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

On a monthly basis, the index, which measures a broad swath of prices for goods and services, rose 0.2%. Stripping out volatile food and energy prices, core CPI rose 4.8% from a year ago and 0.2% on a monthly basis. The annual rate was the lowest since October 2021. Food prices rose just 0.1% on the month while used vehicle prices, a primary source for the inflation surge in the early part of 2022, declined 0.5%. The easing in the CPI helped boost worker paychecks: Real average hourly earnings, adjusted for inflation rose 0.2% from May to June and increased 1.2% on a year-over-year basis.

Persons: George Mateyo, Mateyo, Lisa Sturtevant Organizations: Federal Reserve, Key Private Bank, of Labor Statistics, Bright MLS, Fed, Dow Jones, Treasury, Traders, CPI

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