Consumer Spending Up, but Trump Grumbling About Fed Economic Policy Continues

Consumers increased their spending in October at the fastest pace in seven months, the Commerce Department said Thursday. The rosy economic report stand in stark contrast to what President Donald Trump has been saying about the economy in recent days as he continues to lambast his hand-picked Fed chairman.

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Dolce&Gabbana Fiasco Shows Importance, Risks of China Market

Don’t mess with China and its growing cadre of powerful luxury consumers. Dolce&Gabbana learned that lesson the hard way when it faced a boycott after Chinese expressed outrage over what were seen as culturally insensitive videos promoting a major runway show in Shanghai and subsequent posts of insulting comments in a private Instagram chat.

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