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American Eagle’s marketing campaigns are giving the company a meaningful boost.The retailer has launched a number of campaigns this year that have been at the center of viral moments online.It looks like they’re paying off financially. Its stock has been up this year, and its total revenue was $1.4 billion for the third quarter that ended November 1, roughly 6% higher year-over-year.American Eagle raised forward-looking guidance for the fourth quarter, and its stock rose at least 10% after hours on Tuesday.The boost was driven by its intimates and loungewear brand, Aerie, which saw comparable sales rise by 11%. While other…
Just in time for Giving Tuesday, there’s some good news for charities. The tax deduction for charitable giving is undergoing some changes next year thanks to the One Big Beautiful Bill Act, with a new above-the-line deduction for cash donations that may encourage some donations, but also new caps and limits that may discourage others.For tax years starting after Dec. 31, 2025, there’s a $1,000 above-the-line deduction for single filers, or $2,000 for married couples filing jointly, who don’t itemize. However, the provision isn’t indexed for inflation and it’s not available for donor-advised funds or private foundations, or for those…
Amazon orders keep getting faster.The e-commerce juggernaut said Monday that it is making a big push into ultrafast fulfillment with new 30-minute delivery tests in Seattle and Philadelphia.Through the new service, dubbed Amazon Now, customers can choose from thousands of essentials, such as diapers, milk, pet food, electronics, and more, delivered right to their doorstep in under half an hour.In the Seattle test, Amazon workers pick and bag items at its warehouse, which are then handed off to Amazon Flex drivers who are expected to collect orders and get going within two minutes, tech news site GeekWire reported last week,…
An American Eagle advertisement featuring actress Sydney Sweeney on a billboard in Times Square in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty ImagesAmerican Eagle issued bullish holiday guidance and raised its full-year forecast on Tuesday after posting better-than-expected quarterly results. The apparel company is expecting fiscal fourth quarter comparable sales to grow between 8% and 9% – about four times better than the 2.1% analysts had anticipated, according to StreetAccount.American Eagle is now expecting its full year adjusted operating income to be between $303 million and $308 million – up from its previous range…
Instagram chief Adam Mosseri’s latest memo didn’t just cover RTO. It also tackled something that employees and leaders alike love to hate: the recurring meeting.The memo, titled “Building a Winning Culture in 2026,” said that recurring meetings will be canceled every six months and only re-added if “absolutely necessary.” He also encouraged making recurring one-on-ones biweekly “by default” and said employees should decline meetings that interfere with “focus blocks.””We all spend too much time in meetings that are not effective, and it’s slowing us down,” Mosseri wrote.Mosseri’s crackdown on meetings echoes a growing chorus of executives frustrated by bureaucratic sluggishness.…
An emerging initiative to “reignite the American spirit,” set to launch around the country’s 250th birthday, is getting a funding boost from the billionaire and libertarian-conservative megadonor Charles Koch, Business Insider has learned.The new effort, which has the tagline “Be the People,” has enlisted a number of marketing heavy hitters in addition to its support from Stand Together, a philanthropic endeavor founded by Koch in 2003. It’s led by Andrew Essex, the founding chief executive of creative agency Droga5 and a longtime media and ad executive.The organizers described the “Be the People” initiative to potential supporters as an apolitical effort…
The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland.Kevin Dietsch | Getty ImagesThe broadcast television industry knows it needs to consolidate. It’s just struggling with how to do it.In August, Nexstar Media Group, the largest owner of broadcast stations in the U.S., announced a proposed $6.2 billion deal to buy Tegna — a combination that would bring together more than 260 stations across the U.S. Last week, Sinclair, the owner of 179 local TV affiliates, made a hostile offer to acquire its smaller peer E.W. Scripps after buying up nearly 10% of the company on…
Next year could mark a new chapter for the US housing market, according to Redfin. Economists at the real estate listings site said they believe the market is heading for a “reset” period at the start of next year. That could entail affordability gradually improving and more home buyers trickling into the market, the firm wrote in a report on Tuesday.”The Great Housing Reset will take shape in 2026. It won’t be a quick price correction, and it won’t be a recession,” Chen Zhao, the head of economics research, and Daryl Fairweather, the chief economist at Redfin, said.Zhao and Fairweather…
A desire for deep discounts inspired 202.9 million U.S. consumers to shop during the five-day stretch from Thanksgiving Day through Cyber Monday, according to a survey by the National Retail Federation and Prosper Insights & Analytics released on Tuesday.That estimated total surpassed the major trade group’s forecast that 186.9 million people would shop during the five-day period. It also increased from last year’s turnout of 197 million shoppers during the same period. The shopping turnout is the largest since NRF began tracking the five-day total in 2017, and topped the previous high of 200.4 million shoppers during the same days…
Lawmakers make their case for bipartisan proposal to extend Affordable Care Act tax credits – CBS News Watch CBS News Republican Rep. Kevin Kiley and Democratic Rep. Sam Liccardo join “The Takeout” to discuss their plan to extend ACA tax credits for two years. Source link