Succeeds

• Kevin Warsh officially succeeded Jerome Powell as the Chair of the Federal Reserve on May 22, becoming the 17th person to hold the position since 1913. • During his first FOMC meeting on June 17, Warsh reduced forward guidance, responding to ongoing pressure from President Donald Trump to implement further rate cuts. • This leadership transition occurs as Wall Street reaches new record highs this month, largely fueled by investor enthusiasm surrounding artificial intelligence.

Italian house’s catwalk emphasised the brand’s ‘molto sexy’ look with flamboyant, sometimes revealing outfitsDolce & Gabbana leaned heavily into the art of theatrical misdirection on the second day of Milan fashion week as it aimed to draw attention away from its debt issues, catwalk controversies and management reshuffles.On the catwalk its signature “molto sexy” Italian aesthetic that comes served with a generous scoop of la dolce vita was in full swing. This was Euro summer on steroids. There were clingy muscle vests and micro shorts that made short shorts look modest while some models simply went topless. Jeans came ripped, shredded or smothered in sparkling jewels while T-shirts featured everything from giant prints of Sicilian lemons and ancient amphitheatres to a mosaic depiction of Christ. Continue reading...