Author: theparknews

Investing.com — The global luxury industry is in turmoil after analysts downgraded several major brands, citing an economic slowdown in key markets, particularly China. Stock Kering (EPA:) And Burberry Group (LON:) were down 3.2% and 5.1%, respectively, as of 5:51 a.m. ET. China’s once-fast-growing luxury market now appears to be facing structural challenges rather than just an economic downturn, according to Barclays analysts, leading to sharp revisions in earnings forecasts and stock valuations for several major companies. The Chinese economy, long a key driver of luxury growth, is coming under pressure from a combination of economic headwinds. Barclays analysts said…

ATLANTA — Walt Emmer, president and CEO of Waffle House and a trustee of the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday.According to his alma mater, Georgia Tech, Emmer joined Waffle House in 1992 and quickly rose through the ranks to become a senior executive, becoming the company’s president in 2002 and later taking on the titles of CEO and chairman.Walt Emmer arrives with an emergency response team in Wilmington, North Carolina, after Hurricane Florence on September 17, 2018.Steve Helber/AP”His leadership, dedication and warmth touched so many lives, both within and outside the Waffle House…

The top leader of The Church of Jesus Christ of Latter-day Saints celebrates his milestone 100th birthday. It is common for religious leaders around the world, such as the leader of the Utah-based religion (commonly known as the Mormon Church), to remain in their positions well past the normal retirement age.Counting the Latter-day Saints -100President Russell M. Nelson of The Church of Jesus Christ of Latter-day Saints will turn 100 on September 9, 2024. -1924This year is Nelson’s birthday. —By the end of the year, church membership was 597,861. — There were a total of 1,685 congregations.—There were 25 missions.-2024This…

Staff photo/Neil Madhavan. Lovely’s Treyton Derry (11) carries the ball against Warren JFK on Saturday night at Liberty. Freedom — “That was great” “Go for it,” Labray coach John Elliott yelled to his players after the Vikings came from behind to beat Warren J.F. K. 17-14 in a game at Liberty High School on Saturday. “My kids aren’t giving up.” Elliot said. “They fight harder than anybody I’ve ever seen. They don’t give up until the clock hits zero, and that’s exactly what they did tonight.” After neither team could score in the first quarter, Labrai…

football Glenwood Springs (2-1) played Northridge High School from Greeley on Saturday morning, with the Demons coming away with a 44-29 victory for their second straight game. Basalt, ranked 10th in Class 2A, won a close game early in the second half to beat the Rifle Bears (0-2) 42-12 at Rifle. Basalt hosts Glenwood Springs on Friday night in what will be the Valley’s biggest game. “We came into this game with the mindset of getting better and better every day,” Glenwood head coach Mike West said. “Our team has practiced hard and we’re looking forward to having a good…

As Republican presidential hopefuls, led by Donald Trump and his running mate J.D. Vance, come under scrutiny recently over their responses to questions about how they would address the soaring cost of child care in the United States, the far-right Project 2025 manifesto has some suggestions for them.The plan calls for shifting child care funding to home-based family care, as children who attend child care centres are more likely to suffer from anxiety, depression and neglect.Project 2025, a Heritage Foundation list of policies Trump would need to run for a second term if he wins the November election, was compiled…

CAMP SANTIAGO JOINT TRAINING CENTER, Puerto Rico — The Puerto Rico Army National Guard kicked off National Guard Week with Heroes Sports Day Sept. 8, 2024, at Camp Santiago Joint Training Center in Salinas. Heroes Sports Day was a day to pay tribute to the service and dedication of the National Guard and to honor their commitment and sacrifice.”The purpose of the event was to bring together Soldiers and their families to build unity and morale,” said U.S. Army Maj. Gen. Miguel A. Mendez, Puerto Rico’s adjutant general. “The event fostered teamwork, strengthened bonds and reminded us that we are…

China reported weaker-than-expected consumer price inflation in August, suggesting domestic consumer demand remains weak, which could put further pressure on key sectors of European stock markets such as luxury consumer goods and mining stocks that are sensitive to Chinese economic data. advertisementChina’s consumer prices rose 0.6% year-on-year in August, below the expected 0.7% increase but marking a slight improvement from July’s 0.5% increase.However, factory gate prices, as measured by the Producer Price Index (PPI), remained deflationary, falling 1.8% from a year earlier, better than the estimated 1.5% decline and following a 0.8% drop in July.The data showed China’s economic recovery…

Former President Donald Trump has apparently softened his approach after a first term that saw him appoint the judges who overturned Roe v. Wade. Last week, Trump announced that his next administration would fund IVF treatments and hinted at his support for Florida’s “right to abortion” amendment, causing a virtual panic among pro-life diehards. Though Trump has since retracted his support for the Florida measure, his change of course has created considerable confusion among pro-lifers about how to vote. Should we punish the Republican Party and Trump for becoming less pro-life in their policy goals in hopes of maintaining their…

Traders work on the floor of the New York Stock Exchange during afternoon trading on September 5, 2024 in New York City.Michael M. Santiago | Getty ImagesU.S. stock futures rose Monday morning after a tough week for stock markets.S&P 500 Futures Increased by 0.37% Nasdaq 100 Futures It rose 0.53%. Futures linked to the Dow Jones Industrial Average It increased by 117 points (0.29%).The stock market suffered severe losses at the start of the first trading week of September, a seasonally weak period for stocks. S&P 500 It fell 4.3%, its worst week since March 2023. Nasdaq Composite Index It…