**WASHINGTON, D.C. (March 16, 2023)** The Federal Reserve announced today that it is raising its benchmark interest rate by a quarter of a percentage point, to a range of 4.5% to 4.75%. This is the eighth interest rate hike since…
**South Korea’s ‘Love Hotel’ Boom Continues as Millennials Shun Traditional Weddings and Homes** **Seoul, South Korea** South Korea is witnessing a surge in the popularity of ‘love hotels,’ short-term accommodation primarily used by couples for romantic encounters. This trend is…
On August 12, 1983, Korean Air Flight 121 took off from Seoul’s Gimpo International Airport bound for Anchorage, Alaska, with a scheduled stop in Tokyo. It carried 231 passengers and 16 crew members, including Korean American artist Kim Chong-pil. As…
**Happy Socks has appointed Alexander Meyer as its new CEO.** Meyer will assume his new role on March 1, 2023, succeeding Mikael Söderlindh, who has led the company since 2016. Söderlindh will remain with Happy Socks as an advisor until…
BEIJING, March 31 (Reuters) – China’s Premier Li Keqiang on Thursday said the country’s economic growth is facing ‘increasing downward pressure’ as a resurgence of COVID-19 cases weighs on consumption and production. Li said at a State Council executive meeting…
**Frasers Group Acquires Significant Stake in ASOS** London – Frasers Group, the British retail conglomerate led by Mike Ashley, has significantly increased its stake in online fashion retailer ASOS to nearly 20%. The move has raised speculation about a potential…
**Summer footwear market overview: key players and trends**. The summer season is a crucial period for the footwear industry, as consumers seek out stylish and comfortable shoes for their warm-weather activities. This year’s summer footwear market has been marked by…
Abercrombie & Fitch Co.’s shares surged after the retailer raised its full-year outlook on Wednesday, sending its shares up more than 15%.. The teen retailer said it now expects net sales for the full year to be in the range…
In a world where après-ski style is often synonymous with bulky knits, oversized sweaters, and fur-trimmed boots, Kendall Jenner is making a strong case for a more streamlined approach. The model and reality star recently stepped out in Aspen, Colorado,…
Amal Clooney has mastered the art of effortless, golden hour glow. Her secret? A combination of subtle makeup, strategic skincare, and a healthy lifestyle. Here’s how to emulate Amal’s iconic radiance:. **1. Pre-glow Skincare:**. – **Cleanse Gently:** Amal swears by…
