Nike shares plummet 10% after weak revenue outlook and layoff plans underway
Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.


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Nike's shares plummeted in premarket trading, continuing a second straight day of declines after it reported falling revenue and plans to lay off staff.

Pennsylvania Democratic Sen. John Fetterman might want to trade in his black hoodie for an elephant badge if he wants to keep his seat in the Senate: New polli…

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WASHINGTON (Aug. 11, 2026) - Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator fell to 8.0 months in July, according t…

Finding an apartment in Manhattan is getting even harder, as listings plummet and rents reach $5,000
The South remains the only region with larger backlog than one year ago. The post Construction Backlog Indicator Plummets in July first appeared on Constructio…

Tamara Jachym says Trump's National Guard deployment in Washington, D.C., is working after her son Eric Tarpinian-Jachym was fatally shot in 2025.

ABC chief economist Anirban Basu notes the "lack of momentum" for any segment outside of data center construction.

Levels at reservoir along Arizona-Nevada border dipped below previous record set in 2022, amid water crisis in west. Lake Mead, the largest reservoir in the Un…

FanDuel, Flutter's most important business, has been losing its dominance in market share in the United States.

The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.

The markets' moves were the first since President Trump said late Saturday that he had halted a U.S. assault as Iran.

'Attention spans are lower now than they were decades ago'

While Hollywood films seem to be rebounding at the box office - with recent projections hinting that this could be the first domestic $10 billion year since 20…

Only one eight-figure-plus home found a buyer between July 6 and July 12, even as 29 Manhattan homes priced at $4 million or more went into contract.

Production will stop for two years at the mine which employs more than 4,000 people.

Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.

At the same time, 29% of small-business owners also report having open positions they can't fill. Amid rising fuel prices and inflation across the US, confiden…


Investors are also continuing to monitor developments in the U.S.-Iran war after tensions escalated overnight.

A Brazilian woman suffered injuries after the sidewalk collapsed beneath her from a loose drain cover Sunday afternoon. Juliana Schiel, 21, was taking her dog…

The attacker tricked the Butter Network cross-chain bridge into minting millions more tokens than the legitimate supply of MAPO.

Hims & Hers reached a deal with Novo Nordisk in March to sell its GLP-1 weight loss drug Wegovy on its platform.

Forward Air's stock was off more than 40% on Friday after it said it may lose a large customer and that a take-private bid for its entire enterprise had failed…

Sony's PS5 sales plummet amid price rises and a memory crisis

Extreme supply and pricing dynamics persisted across the freight market in April, according to a monthly survey of supply chain managers. The post Freight capa…

Roblox is facing over 140 federal lawsuits accusing it of failing to prevent child exploitation, and last month settled with Alabama and West Virginia.

GM to invest $340 million in gas cars as EV demand plummets
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.

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