How E.l.f pulled off its $1 billion Rhode deal

In its first fiscal quarter since President Donald Trump’s tariffs were announced, cosmetics company E.l.f. Beauty reported a 30% decline in net income, causing its shares to fall nearly 11% the day after its earnings report. E.l.f. is sourcing 75% of its products from China. Yet the company’s CEO, Tarang Amin, said he’s focused on E.l.f.’s…

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Resorts World Sentosa CEO on integrated resort’s expansion plans

Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from…

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Why Americans love gated communities

American gated communities have evolved to fit a variety of budgets, lifestyles and needs. They aren’t just a haven for retirees or the ultra-wealthy, although those communities are still prevalent.  Florida and California have the highest number of gated communities, in part because of weather and space. Retirees in particular chose Florida in the 1970s because…

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Why high-earning Americans do not feel rich

About 14% of all U.S. households make $200,000 or more per year, according to 2023 Census data. But a significant salary hasn’t translated to big account balances for some of these consumers — which experts have dubbed “HENRYs,” or “high earners, not rich yet.” Rising costs, debt and lifestyle creep can leave them feeling stuck,…

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What to know about new travel fee to enter the US

Visitors to the United States will need to pay a “visa integrity fee,” according to a provision of the Trump administration’s recently enacted One Big Beautiful Bill Act.   The fee applies to all visitors who need non-immigrant visas to enter, and cannot be waived. However travelers may also be able to get the fees…

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