Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.World Economyread more
U.S. stock index futures jumped Wednesday morning after Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China were almost there on a trade deal.US Marketsread more
President Donald Trump's administration hopes additional sanctions on Iran will force the country to negotiate.Politicsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
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The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
As L Brands' flagship brand Victoria's Secret has struggled to attract customers, start-up ThirdLove has turned selling women's intimates into a profitable business since its founding in 2013.
ThirdLove CEO Heidi Zak attributes the waitlist of more than a million women waiting for one of its bras to the reason why the company decided to launch 24 new bra sizes this summer: data.
Earlier this year, in an interview with the Financial Times, L Brands CEO Les Wexner was dismissive about the usefulness of data and algorithms when it comes to predicting what women want to buy.
But Zak disagrees. No stranger to using data, she quit her job at Google to start ThirdLove.
Zak told CNBC's Jim Cramer that ThirdLove built its business using data and uses data to inform every decision, from product development to targeted marketing.
After all, data inspired the company to create half-sizes for bras because their data found that a sizable portion of their customers were between sizes. Customers find their perfect ThirdLove bra by answering a series of questions on the San Francisco-based company's website.
"Using the data that we collect and algorithms that we've developed internally, we'll recommend her size down to the half-cup and the style meant for her body," Zak said. "So with every woman who does our Fit Finder, we get smarter and smarter, and we've had over 10 million women do our Fit Finder."
While ThirdLove has no shortage of customers looking to buy its bras, underwear and sleepwear, the company is tackling one obstacle that many other apparel-makers are also facing: U.S. tariffs on Chinese imports.
The ThirdLove CEO told the Mad Money host that the start-up currently sources about 50 percent of its manufacturing from China. Zak said that the company is working on changing that, but she did not provide a more specific timeline.