Textile producers, electronics manufacturers and car suppliers are among those trying to make sense of a market in turmoil ...

American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...

US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...

Wall Street’s major averages climbed higher on Friday, with the S&P 500 notching fresh all-time trading highs, as investors ...

With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...

Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...

With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.

As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting ...

The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...