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Calvin Klein’s Raf Simons out after 2-year run

Less than two years after he shook up the New York fashion world with a splashy runway debut for Calvin Klein, designer Raf Simons is leaving the company. The company and the Belgian designer announced they had “amicably” decided to part ways.

Dow plunges, now stock market faces worst December since 1931

President Donald Trump’s attack on the Federal Reserve spooked financial markets on Christmas Eve, raising fears about an uncertain future should the White House try to undermine or remove the head of the U.S. central bank.

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