The Federal Reserve raised rates by 50 basis points, as was widely expected. But it was Chairman Jerome Powell's comments that sparked a sharp rally in stocks.
Across industries, companies say China's Covid controls are taking a toll — so much so that some executives warn of more unpredictable performance ahead.
In 2014, Tori Gerbig quit her $35,000-per-year job to grow her e-commerce side hustle, Pink Lily. Today, she runs the $141 million company full-time with her husband. The 35-year-old entrepreneur shares the simple five-step business plan she used.