Neiman Marcus, H&M join growing list of brands that are tapping the secondhand market

More shoppers are buying secondhand goods, and brands are getting in on the action rather than leaving that business to thrift and consignment stores.

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Market Extra: Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s why

A recent resurgence for stocks after a more than six-month corrective hiatus has many market participants questioning its durability, with trading volumes holding near the lowest levels of 2019.

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Was there a Beyoncé bump in applications to black colleges? It’s too early to tell, but ‘Homecoming’ definitely had an impact

The documentary about her Coachella performance is now on Netflix.

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Market Snapshot: Stocks rise as investors cheer retail sales data, pore over fresh earnings

Stocks are on the rise as investors continue to examine the flow of corporate earnings and new retail sales

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UBS Wealth closes U.S. equity overweight, favors emerging stocks

UBS Global Wealth Management has closed its overweight position in U.S. equities and shifted to an overweight in emerging market and Japanese stocks, it said on Thursday.

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Collapsed hedge fund Columna sues Permira-backed former managers

The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost…

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The Wall Street Journal: 9 big banks subpoenaed by House Democrats in Trump probe

House Democrats have subpoenaed nine large banks as part of an inquiry into President Trump’s financial interests, according to people familiar with the matter, including six U.S. firms and three foreign lenders.

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Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources

U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters.

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Cannabis Watch: Canopy Growth isn’t buying Acreage Holdings, it’s buying the right to buy Acreage Holdings

Canopy Growth Corp. is not outright acquiring Acreage Holdings Inc., as reports said Wednesday, but it is preparing to pay billions for the rights to buy the U.S.-based pot company.

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