Do you own a pair of Crocs? Or maybe several pairs? Well, then you're helping fuel the brand's recent sales boom. According to the New York Times, Crocs saw a massive increase in sales during the early days of the pandemic, and the trend isn't slowing down. Since 2019, sales are up a whopping 200 percent. And it's not just everyday people rocking the footwear. Celebs haven't been shy about getting in on the trend. Nick Cannon sported a pair at a 2021 award show, while Quest Love stepped onto this year's Oscar Red Carpet in a pair of black Crocs.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.