Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature"

'Quality Learing Center' And 20 Other Somali-Linked Businesses Raided By FBI, Homeland Security In Minnesota Federal agents from the FBI and Homeland Security Investigations (HSI) executed court-authorized search warrants at more than 20 locations across the Minneapolis area early Tuesday morning, targeting businesses primarily linked to the Somali-American community as part of an ongoing criminal fraud investigation. Fox News congressional correspondent Bill Melugin reported that the Department of Justice confirmed the operation to the network, stating it involves "court-authorized law enforcement activity as part of an ongoing fraud investigation." A separate...

Victor Hanson: What Is It With The Fickle Europeans? Via The Daily Signal, This is a lightly edited transcript of a segment of “Victor Davis Hanson: In His Own Words” podcast from Daily Signal. What is it with the fickle Europeans? I know that they have different interests than ours, but we’re both Western entities. You’d think that we’d be more collaborative on the effort to disarm and denuclearize Iran. But a lot of strange things are happening. The traditional use of the Diego Garcia critical airbase in the Indian Ocean, run by the British,...