Retail stocks logged their sharpest drop since June on Wall Street today as President Obama warned that a “very deep recession” could be in the offing if lawmakers allowed the country to default on its debts.
The S&P 500 Retailing Industry Group fell 2 percent, or 16.57 points, to 826.48, leading the Dow Jones Industrial Average, which declined 1.1 percent, or 159.71 points, to 14,776.53. The Dow is now off more than 900 points since Sept. 18.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)