Mattel is giving preschoolers a new age-appropriate Barbie doll that it says is better suited for their needs. The doll, called “My First Barbie,” is specifically created for kids three years old and older, said Lisa McKnight, executive vice president and global head of Barbie…

Sam Bankman-Fried, the former crypto star turned alleged white-collar criminal, has spoken out for the first time since his arrest last month, publishing a lengthy blog post that appears to lay out his defense against fraud charges. “I didn’t steal funds, and I certainly didn’t…

Marks and Spencer’s share of the UK clothing market reached its highest level in almost eight years after a robust Christmas period, fuelling hopes its years-long restructuring is paying off.Clothing and home sales grew 8.6 per cent on a like-for-like basis and 8.8 per cent…

Inflation closed out 2022 in a modest retreat, with consumer prices in December posting their biggest monthly decline since early in the pandemic, the Labor Department reported Thursday.The consumer price index, which measures the cost of a broad basket of goods and services, fell 0.1%…

Crypto broker Genesis owes creditors more than $3bn, prompting its owner Digital Currency Group to explore selling assets in its large venture portfolio to raise money, according to people familiar with the matter.DCG, a conglomerate that controls crypto media outlet CoinDesk and investment manager Grayscale,…

As times get tighter in retail, Walmart is chasing a new side hustle.The retail giant, known for selling groceries, toothpaste, toys and more in its big-box stores, wants to sell more of its technology and services to other companies. On Thursday, it announced a deal…