What a difference the promise of a few hundred billion dollars can make.
Retail stocks surged Thursday as Congressional leaders signaled a multibillion-dollar mortgage bailout was indeed on the way to passage, the President and finally Wall Street. The Beltway gridlock broke less than a day after President Bush appealed to the nation in prime time, saying the need to buy up the toxic mortgage debt gumming up the financial system was dire.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)