Author: Daniel snow

[ad_1] With Nike Inc.’s fourth-quarter results due on Thursday, some analysts say the company’s sluggish sales and stock price should reach the bottom soon — if not now, then in the months ahead — after struggling with competition, squeezed consumers and weaker sneaker demand over the past few years. [ad_2] Source link

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[ad_1] U.S. President Donald Trump speaks during a press conference, at the NATO summit in The Hague, Netherlands, June 25, 2025.Brian Snyder | ReutersU.S. President Donald Trump on Wednesday said Spain’s refusal to meet the NATO defense spending target of 5% of gross domestic product will mean a tougher trade deal for the southern European country.Speaking at a news conference at NATO’s annual summit in the Netherlands, Trump said it was “terrible” that Spain wouldn’t commit to meeting the target by 2035.”You know they are doing very well. The economy is [doing] very well. And that economy could be blown…

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[ad_1] U.S. crude oil futures rose on Wednesday, after the Iran-Israel ceasefire triggered a steep selloff earlier this week.U.S. West Texas Intermediate futures contracts rose 85 cents, or 0.85%, to close at $64.92 per barrel. Global benchmark Brent gained 54 cents, or 0.8%, to settle at $67.68 per barrel.Prices briefly jumped to five-month highs after the U.S. bombed three nuclear sites in Iran over the weekend. But futures rapidly sold off on Monday and Tuesday after Iran held back from targeting regional crude supplies, and President Donald Trump pushed Jerusalem and Tehran into a truce.”With the announcement of a ceasefire…

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[ad_1] The price of bitcoin rose again on Wednesday, reaching above $108,000 at an intraday high, as investors looked past the recent tensions in the Middle East and the stock market hovered near an all-time record.But the trading in cryptocurrencies was uneven, with ether and solana both slipping modestly in afternoon trading.Washington, D.C., figured in a major way in the latest crypto headlines.Fed Chair Jerome Powell spoke about crypto in his testimony before the Senate Banking Committee on Wednesday morning, saying the stablecoin industry has matured significantly over the past few years, and increasingly become part of the mainstream financial…

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