MAJOR CREEP: Jeffrey Epstein is finally facing consequences for years-long repulsive behavior toward underage girls. He is allegedly a billionaire, but no one knows how he made his money. Business Insider had a scoop on this, while New York Magazine had a few conspiracy theories.
LOWERED PRICES: FLEX founder Lauren Schulte Wang announced that her company is lowering prices this week, in a bid to prioritize people over profits. Cool!
INTEREST RATE CUTS?: Federal Reserve chairman Jerome Powell signaled this week that he may cut interest rates, The Wall Street Journal reports.
FRENCH GIRL BUY: Private equity firm Permira has bought a stake in everyone's favorite tiny dressmaker, Reformation, City A.M. reports.
NO LOANS: SunTrust is joining the ranks of Bank of America and JPMorgan, refusing to loan money to private prison companies, Bloomberg reports. Related: the New York Times is reporting that ICE raids will start this weekend. Be prepared, using this guide from Informed Immigrant.
GAGA'S HAUS: Lady Gaga is launching a new beauty line, according to Business of Fashion.