High-end shoppers are still spending, for now at least. After Kohl’s Corp Chief Executive Officer Michelle Gass pointed to a “bifurcation” of consumers, as some Americans traded up to premium brands while others downshifted to cheaper private labels, upmarket department store Nordstrom Inc has continued the polarisation theme. The seller of $1,000 Mach & Mach shoes and $2,000 Burberry trench ...

  It’s rare to see the Labour Party offer such a fulsome embrace of a set of Conservative policy announcements. Then again, opposition leader Keir Starmer’s shadow bench was really cheering Boris Johnson’s government adopting Labour calls for a windfall tax on energy companies and more help for consumers hit with cost-of-living increases. Democracy in action. Chancellor of the Exchequer ...

  The mass murder of children in Uvalde, Texas, coming just 10 days after the mass murder of shoppers in Buffalo, New York, moved former Senator Bill Frist — who was the majority leader of a Republican Senate when President George W Bush was in the White House — to issue a statement on guns: “We can find ways to ...