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Luxury stocks slump amid Iran conflict

Luxury stocks slump amid Iran conflict

New York City. Adam Gray | Reuters Luxury stocks were among the hardest hit sectors early Tuesday, with European markets heading for another day of losses as the conflict in the Middle East intensified overnight. Shares of conglomerate LVMH, Gucci-owner Kering, and British outerwear maker Burberry were among the worst performers, with week-to-date losses approaching…

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Howard Lutnick volunteers to testify to House committee

Howard Lutnick volunteers to testify to House committee

U.S. Commerce Secretary Howard Lutnick sits to testify before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing to examine a review of broadband deployment funding at the Department of Commerce, on Capitol Hill in Washington, D.C., U.S., February 10, 2026. Elizabeth Frantz | Reuters Commerce Secretary Howard Lutnick has voluntarily agreed…

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