U.S. stocks drifted to a mixed finish as Wall Street and other financial markets wait for a highly anticipated meeting on Saturday between China and the United States on trade.

Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings.

Consumer confidence dipped for the second straight month as stubborn inflation and anxiety over a potentially slowing economy weighed on Americans.

Kohl’s has slashed its sales and profit expectations for the year as a result of the department store chain stepping up discounts to get rid of unwanted merchandise.

TikTok, an app best known for dancing videos with 1 billion users worldwide, has also become a shopping phenomenon.

The Kate Spade New York Surprise Sale shop continues to, well, surprise us with amazing deals. For today only -- and while supplies last -- save more than $300 on the Kailee Medium Double Compartment Shoulder Bag. You might want to keep browsing while you're on the Surprise Sale site, as everything (yes, everything!) As if you needed another reason to shop Kate Spade New York handbags, clothing and accessories, ground shipping is free on all orders. Shop this incredible Kate Spade New York Deal of the Day below.

The Kate Spade Scallop 2 Touchscreen Smartwatch is on sale at the Amazon Summer Sale, also known as the Big Style Sale. Battery life lasts up to 24 hours and in just under an hour the Kate Spade watch can be charged up to 80 percent. Although Amazon Prime Day has been postponed, the Amazon fashion summer sale continues to drop deep discounts from loads of fashion brands. In addition to the watch, Kate Spade handbags and jewelry are on discount at Amazon. RELATED CONTENT:Kate Spade Sale: Take Up to 75% Off Surprise Sale ItemsThe Amazon Summer Sale Is Like Prime Day for Fashion: Top Deals So FarSave Up to 70% Off Kate Spade at the Amazon Summer SaleThe Best Designer Handbag Deals at the Amazon Summer Sale

This Kate Spade bag is on sale for 40% off at the Amazon Summer Sale, also known as the Big Style Sale. Although Amazon Prime Day was postponed, the Big Style Sale continues to roll out deep discounts from loads of fashion brands like Kate Spade. Sunday is the last day to score big from the Amazon fashion summer sale. Shop the Kate Spade Briar Lane Quilted Satchel on Amazon. RELATED CONTENT:This Kate Spade Watch Is 49% Off at the Amazon Summer SaleSave Up to 70% Off Kate Spade at the Amazon Summer SaleKate Spade Sale: Take Up to 75% Off Surprise Sale ItemsThe Amazon Summer Sale Is Like Prime Day for Fashion: Top Deals So Far

Good news, a Karl Lagerfeld sale is happening right now during the Amazon Summer Sale, also known as the Big Style Sale. Shop the designer's popular handbags on a deep discount at the Amazon Summer Sale, -- up to 50% off at the sales event. Kate Spade, Rebecca Minkoff, Levi's, Tumi luggage and Tory Burch are among the retailer brand names that are part of the Amazon Summer Sale. And ahead, shop ET Style's top picks from Karl Lagerfeld at the Big Style Sale at Amazon. Karl Lagerfeld Paris Kriss Large Bow SatchelKarl Lagerfeld Iris Satchel HandbagKarl Lagerfeld Paris Penelope Dome Crossbody BagKarl Lagerfeld Paris TESS SatchelKarl Lagerfeld Paris Small Flap Crossbody BagKarl Lagerfeld Paris Iris Satchel HandbagKarl Lagerfeld Agyness Large Shoulder BagRead More:Amazon's Big Style Sale Is Here: Huge Savings on Top Fashion BrandsRELATED CONTENT:The Best Designer Handbag Deals at the Amazon Summer SaleThe Best Rebecca Minkoff Handbag Deals at the Amazon Summer SaleThe Amazon Summer Sale Is Like Prime Day for Fashion: Top Deals So FarSave Up to 70% Off Kate Spade at the Amazon Summer SaleUp to 60% off Backpacks at the Amazon Summer Sale:Get Up to 60% Off Shoes at the Amazon Summer SaleThe Best Dress Deals We've Found at the Big Style Sale from Amazon

Tory Burch has hot discounts on handbags as part of the Amazon Summer Sale, also known as the Big Style Sale. As part of the summer fashion sale, select designs of the Tory Burch Gemini Link Canvas Tote range are discounted by 25%, meaning this Daylili design is down to $199 from the usual $258 retail price. The totes come with magnetic snaps for closure and feature the Tory Burch logo. Made with coated canvas, it measures 17.25 inches by 11.5 inches -- which means plenty of space to stash the scarf, sweater and headband you already snagged in the Amazon Summer Sale 2020! RELATED CONTENT:Shop 1 ct Diamond Stud Earrings for Under $500 from Amazon Summer SaleThe Celeb Favorites From the Amazon Summer SaleUp to 70% Off Kate Spade at the Amazon Summer Sale

Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________STRESS TESTS: The Federal Reserve is making modifications to the way it performs stress tests on banks due to the virus outbreak. Sales and operating revenue dropped 39.8%, with comparable store used unit sales down 42%. However, sales have started to improve: comparable store used unit sales for the two weeks ended June 14 were within 10% of last years sales. MARKETS: Wall Street is rising in midday trading Friday, putting the S&P 500 on pace to close out a winning week after encouraging reports raised hopes for a coming economic recovery.

Black lives matter. At the same time, companies must consider whether it makes sense for them to weigh in, especially on an issue as sensitive as race. Media giant ViacomCBS tweeted Black Lives Matter. Expressing solidarity with the Black Lives Movement is the right message, but everyone is jumping in on that bandwagon, said Allen Adamson, co-founder and managing partner of Metaforce a marketing and product consultancy. Each of these black lives matter.

Protesters start fires along the SoHo shopping district on Sunday, May 31, 2020, in New York. (AP Photo/Wong Maye-E)NEW YORK New York City imposed a late-night curfew Monday that failed to prevent another night of destruction, including arrests after a break-in at the iconic Macy's store on 34th Street, following protests over George Floyds death. Really bad.New York joined other cities around the country in imposing a curfew after days of unrest. A nighttime march through Brooklyn was also peaceful, and police let it continue for hours after the 11 a.m. curfew passed. Chiara de Blasio, 25, refused to leave a Manhattan street officers were clearing Saturday because people were throwing things.