Kenzo channels preppy, Celine goes for razzmatazz in Paris

PARIS (AP) — Kenzo’s designer, Nigo, found his groove for his sophomore collection at the LVMH-owned house, drawing vibrant parallels with house founder Kenzo Takada. Nigo has made history as the first Japanese designer to front the house since Takada, who died in 2020. But beyond the fashion, Nigo — who has made high profile … Read more

Did corporate greed fuel inflation? It’s not biggest guilt

WASHINGTON (AP) — Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits. Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats … Read more

Binance is ‘in it for the long game’ when it comes to Europe and doesn’t fear the crypto crash

As crypto winter sends to chill down the markets, with the price of Bitcoin crashing below the key threshold of $20,000 (€19,000) and crypto exchanges laying off staff as fears of a recession bite, the world’s largest crypto exchange says it’s all déjà vu and is not concerned. “It’s an early industry and we’ve been … Read more

William at 40: A milestone birthday in a life under scrutiny

LONDON (AP) — The world watched as Prince William grew from a towed schoolboy to a dashing air-sea rescue pilot to a balding father of three. But as he turns 40 on Tuesday, William is making the biggest change yet: assuming an increasingly central role in the royal family as he prepares for his eventual … Read more

How much for gas? Around the world, pain is felt at the pump

COLOGNE, Germany (AP) — At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24 euros. The numbers showing how much gasoline he’s getting rise, too. But much more slowly. Painfully slowly. “I’m getting rid of my car this October, November,” … Read more

Flying to Europe This Summer Could Be Hell. Here’s How to Make It Better

Airports echo with the rage of passengers who discover their flight has been canceled or delayed or who wait for hours for baggage to reach the carousel. Ticket prices soar the fuel costs of the same. The reputation of airlines and the experience at airports have never been worse. Yet the hunger of Americans to … Read more

Russia again cuts natural gas exports to European countries

PRAGUE (AP) — Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence on Russian supplies amid the war in Ukraine. It marks the third day of significant reductions to the fuel that powers industry and … Read more

Surging inflation clears way for biggest Fed hike in years

WASHINGTON (AP) — The Federal Reserve is expected Wednesday afternoon to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation. The central bank is considered likely to raise its benchmark short-term rate by … Read more

Travel costs are up but travelers aren’t canceling their plans yet

Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased by 75% from April to May, while discussions related to … Read more

Biden tells oil refiners: Produce more gas, fewer profits

President Joe Biden on Wednesday called on US oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump. “The crunch that families are facing deserves immediate action,” Biden wrote in the draft of … Read more