Nike (NKE) Q3 2025 earnings
Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter, as the sneaker giant’s turnaround plan takes longer than expected while it contends with new tariffs and sliding consumer confidence. In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline in the […]
The response from Jerome Powell that would terrify Donald Trump
Be careful what you wish for, Mr. President.
Boston Celtics sold for $6.1 billion to Bill Chisholm, Sixth Street group
The Boston Celtics hang the 2024 NBA championship banner at TD Garden. Danielle Parhizkaran | Boston Globe | Getty Images A group led by private equity executive Bill Chisholm is buying the National Basketball Association’s reigning champion Boston Celtics at a valuation of $6.1 billion, the team’s ownership announced Thursday. Private equity firm Sixth Street […]
February home resales jump more than expected, despite mortgage rates
A “For Sale” sign outside of a home in Atlanta, Georgia. Dustin Chambers | Bloomberg | Getty Images Sales of previously owned homes in February rose 4.2% from January to 4.26 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Industry analysts had expected a drop of 3%. Sales […]
Home sales see a bump in February thanks to higher-income buyers
Sales of existing homes rose in February, as some buyers — particularly those with higher incomes — are keeping the upper end of the market alive and well.
Edible Arrangements parent launches hemp marketplace Edibles.com
The homepage for Edibles.com, the hemp marketplace from the parent company of Edible Arrangements Source: Edible Brands The parent company of Edible Arrangements is moving into a different kind of edible. Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp products, like Cann drinks and Wana gummies. The 2018 Farm Bill legalized hemp, which […]
A catering giant just warned on profits. The U.S. education and healthcare market are to blame.
Shares of Sodexo on Thursday slumped as the catering giant said softer education volumes and a delay in signups of healthcare contracts in the U.S. will hit results.
Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
Hours after the Federal Reserve maintained its guidance for two interest-rate cuts later this year, President Donald Trump weighed in Wednesday night, calling for rate cuts to accompany his new tariffs.
SailGP, professional sports leagues put women at the fore
Martine Grael, driver of Mubadala Brazil SailGP Team and Andy Maloney, flight controller, during a practice session ahead of the Emirates Dubai Sail Grand Prix presented by P&O Marinas in Dubai, UAE on Friday, November 22, 2024. Courtesy: Ricardo Pinto for SailGP | Handout image supplied by SailGP As women’s sports surge in popularity, professional leagues […]
Suppliers face more dire challenges than automakers amid Trump tariffs
US President Donald Trump arrives to speak about the United States – Mexico – Canada agreement, known as USMCA, during a visit to Dana Incorporated, an auto supplier manufacturer, in Warren, Michigan, January 30, 2020. Saul Loeb | Afp | Getty Images DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive […]
