Jamie Gersh, CMO at Old Navy, talks the company's International Women's Day endeavors, including its adornment of five female statues in New York City with floral installations inspired by their spring dress collection.
The #HiPower campaign celebrates the women that make-up 75% of Old Navy employees and Gap's initiatives for gender parity that saw the company become the first Fortune 500 Company to report equal pay for equal work.
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Federal Reserve Chair Jerome Powell will hint that the central bank could increase the pace of interest rate hikes if data indicate price pressures continuing.
Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on Tuesday.
