Shares of Nike plunged Friday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it warned of soft sales in China and “uneven” consumer trends across the globe. The expected 10% first-quarter slump is far below the 3.2% drop that analysts…
The first presidential debate of the 2024 campaign cycle drew about 51.3 million people, according to the media analytics…
CNN said Friday that 47.9 million people watched the presidential debate between Joe Biden and Donald Trump across broadcast…
In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are taking that…
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five…
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual…
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies…
The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this…