It’s about spending a ridiculous amount of money to show the world you can. Veblen argued that these goods—now dubbed “Veblen goods”—become more desirable as their price rises.

Zhu Zuoyi generally keeps her daily expenses tightly in check and spends less than 20 yuan (US$2.74) on most meals, but when it comes to merchandise tied to her favourite cartoon characters or ...

Yet smartphones and other electronic equipment make up less than a third of the half-trillion dollars in Chinese goods the U.S. imports annually, with products like pharmaceuticals, apparel ...

Luxury goods stocks jumped on Thursday morning following Cartier-owner Richemont's (CFR.SW) surge in sales, prompting hopes of a turnaround for the sector. Richemont's third quarter trading update, ...

Tesla, Inc. is betting on Full Self-Driving and the Optimus humanoid robot for future growth, with significant potential revenue streams. Risks with TSLA stock include increasing competition from ...

How can we lead a healthy life? What is good for our body and soul? What kind of exercise can make us - or keep us fit? Find out more on In Good Shape, the health show on DW. Informative and ...

Beyond Good and Evil 2 hasn't stopped development yet, and despite a lack of evidence, it is still apparently in the works at Ubisoft Montpellier. Nearly 17 years since this upcoming action ...

A 0 star if possible. The first time I required assistance was on my 2016 Chrysler 300. I blow a tire near Needles, CA and wanted someone to change the tire. 1 hour later no one had shown and when ...

Syria's new administration has banned all Russian, Iranian, and Israeli goods from entering the country in a new decree issued by the country's finance minister on Jan. 17. Any relevant goods ...