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Pacsun’s CEO breaks down the company’s winning strategy to target Gen Z

Noam Galai/Getty Images for PacsunThis post originally appeared in the BI Today newsletter.You can sign up for Business Insider’s daily newsletter here.From the mall to the MetInside the Metropolitan Museum of Art’s Great Hall, a violinist played gently in the background. The famous columns were uplit orange, and cocktail tables…

Canadian Dollar recovers as softer US Dollar offsets pressure from weak GDP data

USD/CAD reverses its intraday gains on Friday as a softer US Dollar (USD) helps the Canadian Dollar (CAD) recover from weakness driven by softer-than-expected Gross Domestic Product (GDP) figures. At the time of writing, the pair trades around 1.3780 after rising to 1.3829 earlier in the American session.On the geopolitical front, hopes for a potential US-Iran deal are reducing safe-haven demand for the US Dollar. The US Dollar Index (DXY), which tracks the Greenback against…

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YouTube directors are beating Disney — and saving Hollywood

Hollywood has been struggling to compete with YouTube for years.Now it’s trying a new strategy: hiring YouTubers. The early results look promising.This weekend, “Backrooms,” a moody horror movie based on an internet meme, looks like it could bring in astonishing $60 million at the box office — which means it…

Business

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529 plans offer tax-free growth and new options families may not know about

American households saving money for their children’s educations can leverage tax-advantaged 529 accounts to make their dollars go further. 529 education savings accounts are typically opened by parents, guardians or grandparents for minor children and allow those savings to grow on a tax-deferred basis, and funds can be withdrawn tax-free…

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Investing

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