Category
Economy
Markets, trade, employment, prices and economic policy.
Credibility summary
Of the 247 claims in Economy with evidence either way, 93% held up.
Showing 261-280 of 1595 claims
If the Olympic Games fail to meet revenue targets, Los Angeles and the state of California would be liable for hundreds of millions of dollars that they pledged as a financial backstop.
Westfield Century City grew out of an old 20th Century Fox backlot on the West side of Los Angeles in the 1960s.
Westfield Century City is an open-air mall with byzantine underground parking.
The Century City mall is a monument to the global matrix of American appetites with shops selling boba, ramen, matcha, hot pot, xiao long bao, melty cheese tarts and seasonal wagashi.
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Louis Vuitton announced that she was the new creative director for its lipsticks and eye shadows.
Ms. McGrath said in an interview in 2016: “The one thing about fashion, you’re only as good as 30 days ago or an hour ago. I’m always nervous, because I know you always want to, in a way, push back, do something outside the norm.”
Ms. McGrath signaled that she was committed to her brand, saying in a statement: “This Chapter 11 will enable me to remain in the driver’s seat and keep the company’s vision focused.”
In August, there was some good news for Ms. McGrath herself, if not for her company.
Several executives suggested that late payments to vendors made it more difficult to get the makeup on the shelves.
The entire makeup industry is suffering.
Estée Lauder is looking for a buyer for Too Faced and Smashbox.
Investment Managers put in $204 million.
Eurazeo exited the brand in 2021.
Recently analyzed in Economy
While some price increases stemmed from tariffs on imports, other factors like housing and food costs played a larger role.
June inflation hit its highest level since February, fueled by Trump's tariffs increasing prices on various goods.
Prices are now starting to rise because of tariffs.
The risk is that investors begin to doubt that the United States will pay back its debts and start demanding higher interest rates, stunting borrowing across the economy.
The New York Times
The country is still on track to borrow what economists consider an alarming amount of money in the coming years.
The New York Times