Donatella Versace announces her departure as creative director of Vedraced, with Dario Vitale set to take over amidst potential sale discussions with Prada.
The US budget deficit reached a record $1.147 trillion for the first five months of fiscal 2025, fueled by increased spending and factors such as tariffs.
The European Union retaliates against U.S. tariffs with new duties on American products, deepening trade tensions amid strained transatlantic relations.