Loud Luxury And Logo-mania Need A Big Revival And Quiet Luxury Needs To Die If Brands Want To Keep Making Money, Bofa Analysts S

President-elect Donald Trump's inaugural committee has so far raised at least $150 million, surpassing the $107 million raised for his 2017 inauguration. Andrew Harnik/Getty ImagesDonald Trump plans on making crypto a policy priority through an executive order, sources told Bloomberg this week. The order could direct government agencies to suspend litigation against crypto.

The bank announced Friday that Goldman Sachs CEO David Solomon's 2024 compensation would be $39 million. Jeenah Moon/Bloomberg via Getty ImagesGoldman Sachs CEO David Solomon's 2024 comp rose 26% from the year prior, the firm said Friday. The Wall Street CEO will be paid $39 million for 2024, up from $31 million in 2023.

Luxury magnate Bernard Arnault has gotten almost $1 billion a day richer so far in 2025. Tefano Rellandini/Getty ImagesBernard Arnault has gained more wealth in 2025 than anyone else, including Elon Musk and Mark Zuckerberg. The LVMH CEO is now the world's fourth richest person after gaining $15 billion on Thursday.

TikTok CEO Shou Chew has testified before Congress.leolintang/Getty, Tyler Le/BIThe Supreme Court ruled against TikTok on its challenge against a divest-or-ban law. TikTok's owner, ByteDance, has until January 19 to divest from its US app or face a shutdown. President-elect Donald Trump may still try to rescue TikTok once in office.

I ordered tuna sandwiches from Subway, Jimmy John's, and Jersey Mike's to find the best one. Steven JohnI tried classic tuna sandwiches at Subway, Jimmy John's, and Jersey Mike's to find the best one. Subway and Jersey Mike's both had OK offerings, but there were problems with both. Jimmy John's sandwich had a great balance of ingredients and spot-on taste and texture.

Drew Angerer/Getty ImagesUS stocks jumped and yields tumbled on Friday. Stocks are on track for their best week since the election, with the S&P 500 headed for a gain of nearly 3%. Encouraging inflation data sent bond yields tumbling as markets revived rate-cut bets. US stocks gained on Friday, with the market on track for its best week since the November election.