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Skims underwear displayed on a shelf at a Nordstrom store in Corte Madera, California on March 25, 2025. Justin Sullivan | Getty ImagesKim Kardashian’s brand Skims has raised $225 million in new funding. goldman sachs The alternative would value the shapewear and apparel company at $5 billion, up from about $4 billion after the 2023 round.The deal comes six years after its 2019 launch and as Skims approaches $1 billion in annual net sales, making it one of the largest undisclosed financings for a U.S. consumer brand this year. Skims announced Wednesday that funds affiliated with BDT & MSD Partners…

brakingBroken, A successful vote means the long-delayed bill will be handed over to President Trump for signature.Published November 13, 2025November 13, 2025Click here to share on social mediaShare 2shareThe House passed a federal spending package, clearing the final hurdle and ending, at least for now, the longest government shutdown in U.S. history.In a vote late Wednesday night in the Republican-controlled House, 222 members, including six Democrats, supported the bill, while 209 members, including two Republicans, voted against it.Recommended stories list of 3 itemsend of listThe long-delayed bill will now be submitted to President Donald Trump for his signature.On Monday night,…

Michael Smith’s remarkable comeback continues. He made an almighty comeback and survived 11 mismatched darts from Chris Dobie to win 10-9 and book a place in the quarter-finals against world number one Luke Humphries.Smith has struggled with injuries and arthritis, but he looks set to finally pay off in 2022 at the tournament that started it all for him. In the first five legs there was nothing separating the two sides and all legs progressed slowly as ‘Hollywood’ led 3-2.Dobie then saw the light of day with a crucial slow break, but ‘Bully Boy’ didn’t back down and scored an…

Susan Collins, president and chief executive officer of the Boston Fed, speaks to Bloomberg TV during the Kansas City Fed’s Jackson Hole Economic Policy Symposium on Friday, August 22, 2025 in Moran, Wyoming. David Paul Morris | Bloomberg | Getty ImagesBoston Fed President Susan Collins said Wednesday that she is reluctant to support further rate cuts for now because inflation remains high and policymakers are hampered by a lack of data due to the government shutdown.”Given my fundamental outlook, it would be appropriate to keep interest rates at current levels for some time to balance inflation and employment risks in…

Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Markets: Stocks were mixed Wednesday as Wall Street hoped for an end to the record government shutdown. The House is scheduled to take a final vote in the evening on a Senate-backed bill that would allow the federal government to reopen. The Dow hit a new high in early trading. The S&P 500 and Nasdaq were under some pressure as technology lagged and investors moved to sectors such as health care and financials. Eli Lilly…

When former Twitter CEO Dick Costolo spoke at TechCrunch Disrupt, someone in the audience asked him if HBO’s hit satirical movie “Silicon Valley” would be revived. Mr. Costolo, who was the show’s writer, basically said no (time stamp 38:17). Writers talk about it regularly, he said, but haven’t pursued the actual Silicon Valley of today because it’s too bizarre to parody. The latest example is a new company launched this week from Y Combinator called Clad Labs. Clad’s products are so innovative that in November people thought they were an April Fool’s joke. But this is a real product, founder…

Let’s check out the companies that are becoming a hot topic for after-hours trading. Cisco — Cisco shares rose more than 7% in after-hours trading after the networking company posted better-than-expected profits and revenue in first-quarter results. Cisco had revenue of $14.88 billion and earnings per share excluding items of $1. Analysts polled by LSEG had expected revenue of $14.77 billion and earnings of 98 cents per share. Firefly Aerospace — The Texas-based aerospace company’s stock price soared about 18% on the back of strong quarterly results. LSEG said the company posted a lower-than-expected adjusted loss in the third quarter,…

Code Metal Co-Founders (LR): Alex Showalter-Bucher, Senior Vice President of Technology and Peter Morales, CEOProvided by: Code Metal Co., Ltd.Peter Morales started Code Metal two years ago, entering the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the software development market.He now has $36.5 million in the bank, thanks to investments led by venture firm Accel Partners, known for its early bets. facebook, drop box and atlassian.Code Metal’s technology allows software engineers to write code once and automatically translate it into other programming languages, allowing them to deliver new features faster and to…

Speaker of the House Mike Johnson (R-Louisiana) walks at the Capitol in Washington, DC, on November 12, 2025, surrounded by members of the US House of Representatives who have returned from a 53-day vacation to vote to end the longest US government shutdown in history. Photographed on November 12, 2025. Nathan Howard | ReutersThe House of Representatives prepared for a vote Wednesday night to end the longest U.S. government shutdown in history.The House has cleared necessary procedural hurdles before it can begin voting on a short-term funding bill that would reopen the government until at least the end of January.President…

OANAMINTE, Haiti – Khaki and blue school uniforms swirl around the schoolyard Monday afternoon at the Foix et Joie School in rural northeastern Haiti as hundreds of children run around after lunch.In front of the principal’s office, a tall man wearing a baseball cap stands in the shade of a mango tree.Antoine Nelson, 43, is the father of five children who attend this school. He’s also one of the small farmers who grow the beans, plantains, okra, papaya and other produce served here for lunch, and he came to help with food deliveries.“I sell what the school provides,” Nelson explained.…