Nike (NKE) Lost $220 Billion and Its Spot Among…
Nike (NYSE: NKE) is being removed from the S&P 100 index before US markets open on Monday, September 21, ending a run in the mega-cap gauge that stretched back roughly 18 years. The stock closed
Nike (NYSE: NKE) is being removed from the S&P 100 index before US markets open on Monday, September 21, ending a run in the mega-cap gauge that stretched back roughly 18 years. The stock closed
The August jobs report released today by the Bureau of Labor Statistics showed the US economy adding jobs at its fastest pace in five months, a result that reversed the July report almost point for
The assumption buried in almost every Verizon layoffs headline is that a company shedding 16,600 jobs must be in trouble. Verizon is not in trouble. In the same quarter it moved 274 retail stores and
A federal court has entered a consent order against John Patrick Gorman III, requiring the swaps trader to pay $90,000 for false or misleading statements made during a Commodity Futures Trading Commission investigation. The order
Bitcoin (BTC) is trading around $77,000, and the question hanging over it has shifted in the space of two weeks. The market has moved a September Federal Reserve rate hike from a tail risk to
SHEIN Global Holdings shares fell as much as 10% on their first day of trading in Hong Kong on Tuesday, dropping from a HK$48.56 open to an intraday low near HK$43.70 before recovering to around
The US Treasury is about to buy back a lot more long-dated debt, and the precious-metals market has been front-running the move for two weeks. On August 19, Treasury said it would at least double
Claudeforce is not an AI feature bolted onto a CRM. That framing, which most of the coverage reached for in the first 24 hours, gets the direction of travel exactly backwards. The larger half of
Kevin Warsh did not give markets the forward guidance they wanted at Jackson Hole. He gave them something more consequential: a much clearer hierarchy of risks. Inflation is first. In his first Jackson Hole keynote
New York has warned that artificial intelligence is helping criminals create more convincing investment scams as reported US losses approach $8 billion a year. The New York Department of State alert was published on 26
