Business News
To welcome him back into the fold, Nike offered Hill a total compensation package valued at $27 million. That includes equity and cash awards valued at $7 million to make him whol...
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Nike Inc. announced that longtime executive Elliott Hill is coming out of retirement to replace John Donahoe as chief executive officer....
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US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an easing of monetary policy will boost Wall Street giants and...
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The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half percentage point that pushed the S&P 500 to its first reco...
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AI chipmakers Nvidia (NVDA) and Advanced Micro Devices (AMD) led the tech stock rally Thursday following the Federal Reserve’s sizable, 50 basis point interest rate cut. Nvidia stock jumped more than...
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For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower....
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Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Existing...
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Donald Trump has promised to use sweeping new tariffs to fund everything from tax cuts to child care. But economists say the new import charges are unlikely to create anything close to the revenue...
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The volatile Trump Media stock will face a crucial day tomorrow. Donald Trump and other insider investors in the Truth Social parent company will be able to sell shares as the lockup period after the...
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FedEx’s results were dragged down by a shift in the mix of it business that saw reduced demand for priority services, increased demand for deferred services and constrained yield growth....
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