Business

Business

Adidas still dealing with $1.3B of unsold Yeezy sneakers

Red Banyan founder and CEO Evan Nierman and Ericho Communications CEO Eric Yaverbaum debate how Adidas managed the Ye controversy on ‘The Claman Countdown.’ Adidas’ top boss said Friday that the company is still deciding what to do with the piles of unsold Yeezy shoes that are mounting in its …

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Silver lining of higher interest rates: Savings account rates

Carlyle Group co-founder and co-Chairman David Rubenstein unpacks his conversation with Federal Reserve Chair Jerome Powell on Tuesday and weighs in on his expectations for the U.S. economy. When it comes to rising interest rates, there tends to be a lot of gloom-and-doom discourse about the danger that more expensive …

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