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.
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce. The announcement follows similar moves by other tech companies that ramped up hiring during the pandemic while people spent more time and money online.
Tony Drake, CFP at Drake and Associates, LLC shares thoughts on whether the record gains in technology will broaden to other sectors, the risks of the Fed keeping interest rates higher for too long, and the health of the U.S. consumer.
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax — when many taxpayers did not qualify for such free offerings.
