Business News

Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies since the pandemic....
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The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however,...
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Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by...
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The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition....
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Shares of Trump Media & Technology Group Corp. slumped to their lowest level ever at the opening bell Friday, the first day that its biggest shareholder, former President Donald Trump, is free to...
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Bangladesh's efforts to clear debts of more than $1 billion owed to Indian power companies are being hampered by its inability to access the dollars it requires to pay them, documents showed and...
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Former President Donald Trump's majority stake in the Truth Social owner was worth more than $1.5 billion mid-morning Friday....
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The Internal Revenue Service has issued a warning to taxpayers about unnecessary services that charge "excessive fees." Unscrupulous "mills" are charging excessive fees to resolve tax debts through...
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In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street....
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Oil prices eased on Friday, but were on track to register gains for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures were down 32...
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