Stock market rollercoaster … in 2 minutes

An unprecedented day of trading began with the Dow down more than 1,000 points for the first time ever. Then stocks came back, almost to even, before closing more than 3.5% lower.

Trump’s immigration policy could hurt U.S. farmers

Most of the fruits and vegetables grown in the U.S. are picked by undocumented workers. American farmers explain to Cristina Alesci how Donald Trump’s big plans for immigration would decimate American crops.

Jared Kushner’s crowning real estate deal in trouble, not dead

The deal that put Jared on the map is now his biggest blemish. Jared’s company bought 666 Fifth Ave. in 2007 for $1.8 billion?a record price tag, financed almost exclusively with debt. The skyscraper is now in desperate need of a cash infusion. Cristina Alesci looks at why real estate analysts aren’t willing to count… Continue reading Jared Kushner’s crowning real estate deal in trouble, not dead

Why Coach doesn’t want to be a discount brand

The 75-year-old company is pulling back from department stores and discounts to reinvent itself as a luxury brand. CEO Victor Luis tells Cristina Alesci why Coach needs to boost its ‘fashion credibility.’