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.
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
