Shares of iHeartMedia jumped 30.5% to $3.12 this week, making the radio giant the best-performing stock on the Billboard Global Music Index. The company gained 25.3% on Friday (June 2) without any clear signal — such as an SEC filing or earnings release — to drive such a sharp movement. On Thursday, CEO Bob Pittman told The New York Post that “radio is as strong as ever” and is not in competition with streaming services like Spotify. “The consumer uses us both,” he said. iHeartMedia’s share price is down 49.1% year to date.

The Billboard Global Music Index increased 1.3% to 12,47.74 overall this week, as 11 of the index’s 21 stocks finished in positive territory. Korean music company HYBE was unchanged, while the remaining nine stocks posted losses between 0.9% and 4.2%. The index has gained 6.8% year to date. 

Stocks closed the week on high notes following a U.S. Bureau of Labor Statistics jobs report that showed non-farm payroll employment increased by 339,000 in May. Although the music industry is experiencing a rare series of layoffs and notable tech companies like Meta continue to downsize, the jobs market has remained strong in the face of inflation and higher borrowing costs following a year of interest rate hikes by the Federal Reserve.

The S&P 500 gained 1.5% on Friday, bringing its one-week increase to 1.8%. The Nasdaq composite gained 1.1% on Friday and closed 2.0% higher on the week. Overseas, the United Kingdom’s FTSE 100 index fell 0.3% this week while Korea’s KOSPI index improved 1.7%.

Madison Square Garden Entertainment (MSGE) was the only other stock on the Billboard Global Music Index that showed a double-digit gain, with shares gaining 14.4% to finish at $40.09. On Wednesday, Macquarie initiated coverage of MSGE with a $43 price target and an “outperform” rating; speaking with the TD Ameritrade Network on Friday, Macquarie analyst Paul Golding noted the company’s “high-quality assets that are very well known in the largest market in the country” and “desirable assets” for concerts and tours. 

Outside of the Billboard Global Music Index, radio company Townsquare gained 16.9% this week, bringing the company’s year-to-date improvement to 44.7% despite a soft advertising market that has hurt most radio stocks. K-pop company JYP Entertainment, home to Stray Kids and Twice, steadily rose throughout the week to close at 128,700 KRW ($98.53) on Friday, up 13.2%, for a year-to-date gain of 89.8%. JYP announced on Wednesday that it expanded its partnership with Imperial and Republic Records to help market and promote its music in the United States.

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A tote bag offers a chic alternative to the more traditional laptop bag. You can stuff everything from electronic devices to textbooks, clothing, shoes, makeup and other things that you might need for work, school or travel.

Technically, the summer travel season launched over Memorial Day weekend and more than 80 percent of Americans are planning to travel this summer. To help you chose the right bag for your travel needs, we’ve rounded up a collection of 10 of the cutest tote bags, most of which are under $100. From leather and canvas to faux fur, keep reading for a list of durable tote bags from Coach, Tory Burch, Ted Baker, Michael Kors, Kate Spade and other brands. 

A showstopper! This Tedd Baker tote bag comes in a range of colors including the vibrant red option pictured above as well as bright blue and black. The stylish bag features a mock-croc texture with plenty of interior space and a zipper pocket (the bag measures 17.7 inches x 13.7 inches high and 5.3-inch depth). Find other colors and sizes on sale at TeddBaker.com. 

The Tote Bag by Marc Jacobs is a classic in its own right, but the pink tote seems to have its own fan club! The sheer candy pink tote recently went viral and its sold out online (in sheer and leather) at retailers like Saks Fifth Avenue, MarcJacobs.com. Although you can find leather pink totes and a pink and orange tote on the brand’s website, you’ll find a limited stock of the sheer bags on resale sites such as SSENSE and Farfetch. This best-selling tote is available in tons of colors and different sizes (small, medium and large), but if you have more room in your shopping budget, be sure to check out our roundup of luxury purses, tote bags and more from Chanel, Gucci, Prada, Fendi and more.

Love Kate Spade? Save 72% on this Kate Spade Daily Tote, which is available in a handful of colors including black, white, pale hydrangea and deep hibiscus. If you’d like a roomier option, the All Day Large Tote is on sale in select colors. Find more Kate Spade tote bags on sale here and at Nordstrom.

Shoppers can save up to 70% on a variety of tote bags, wallets, purses and other designs at the Coach Outlet. The City Tote pictured above is on sale for up to 63% off and available in several different colors including gold/brown, light khaki, and black. Looking for a solid color? The Zip Top Tote is currently 60% off. Shop last chance deals at the Coach Outlet.  

CalPak’s Luka Expandable Laptop Tote is all about versatility. The puffy, polyester bag features an expandable bottom that increases by four inches. It also has several pockets, padded straps and a sleeve that holds up to a 15-inch laptop.

Buy: DKNY Hadlee Medium Tote, Leopard $80.00

From puffy to fuzzy! DKNY’s pink Fuzzy Tote is sold out but the leopard tote is on sale for half off the list price. The faux fur tote (measuring 16 inches x 7 inches x 10.5 inches) has double shoulder handles and crossbody web strap.

For jet setting and more, the Michael by Michael Kors Jet Set Travel Large Saffiano Tote has a spacious interior with a zipper closure and inside slip pockets. But if you’re looking for something simple and ultra-affordable, this laptop bag retails for less than $25 at Walmart.

Buy: Vera Bradley Women’s Cotton Vera Tote Bag, Plum Pansies – Recycled Cotton, One Size $74.10

Need an eco-friendly option? This Vera Bradley deluxe travel tote is a great work or travel bag made from recycled cotton. This functional but versatile tote is available in multiple colors and measures 17.5-inches wide by 15-inches long with a 12-inch strap drop; while the exterior features several pockets. Find other Vera Bradley designs on sale here and at Amazon. 

This gorgeous, Quince Italian leather tote is convenient for everyday use, work or the weekend. The tote has firm and comfortable straps, a 13-inch laptop slip, iPhone pocket, zipper pocket, a hook for your keys and several other pockets to store your essentials. The medium-sized bag is available in cognac or black.

“Truly a classic bag,” reads one customer review. “Very simple, attractive; goes with everything and perfect size for business folders.”

The Ella Printed Mini Tote from Tory Burch is part of a large collection of signature pieces that have been re-issued in exclusive graphic prints. The versatile Ella tote is designed to fit a 11-inch laptop and available in cool winter sage and deco bloom combo. Shop more Tory Burch tote bags here.

After much anticipation from fans over the past few months, Madison Beer took to Instagram on Thursday (June 1) to confirm that her sophomore album, Silence Between Songs, will be arriving on September 15.

“i can’t believe i’m finally saying this, tears in my eyes trying to articulate how i feel,” she wrote in the caption, alongside a photo of the singer in a white dress, leaning against a teal-colored wall and gazing off camera. “the closer it gets, the more we’ll talk about it, but i am just so excited to release this record. i’m so excited for it to be yours. i’ll find more words soon…,, :’) for now… SEPTEMBER 15TH!!!!!!!”

The album’s next single, “Home to Another One,” and its out-of-this-world music video, will be arriving on Friday (June 2). See her Silence Between Songs announcement here.

Beer dropped her debut studio album, Life Support, back in Feb. 2021, which featured viral hits like “Baby,” “Good in Goodbye” and “Boys—.” The singer also released a memoir titled The Half of It in April. When discussing the book reveal in an interview with People, she opened up about working on her upcoming sophomore project.

“I am so excited for this next album which will be coming soon,” she teased. “Music has always been my first love; it’s what lead me to this memoir and what drives me daily. I am really excited for what is next with my music this year.”