Nike is feeling the heat from U. S. trade policies. The sportswear giant warns that tariffs could add a cool $1 billion to its costs this year. To soften the blow, Nike plans to cut back on making its products in China. This shift is a big deal because China currently makes about 16% of Nike's shoes
Nike's shares got a big boost recently, jumping over 10% after hours. This happened even though the company reported some of its worst results in years. Investors seem hopeful that Nike's new plans might finally start working. The company's CEO, Elliott Hill, came back from retirement to lead Nike.
Jerome Powell, the head of the Federal Reserve, spoke up about tariffs and inflation during a recent chat with senators. He said that the new tariffs might make prices go up in the coming months. This means that everyday items could cost more. Powell also mentioned that most Fed officials think cutt
In the UK, the legal system has a big problem. It's not addressing colourism. Colourism is discrimination based on skin tone. It's a real issue, but the law acts like it doesn't exist. The law protects people from racism. It includes "race" as a protected characteristic. But "race" is not the same
Mental health awareness is a big deal. It helps people stay healthy and deal with tough times. But in China, not everyone knows much about it. A recent study looked at how men and women in Foshan City understand mental health and what affects their knowledge. The study found that men and women in F
Some Federal Reserve officials are now echoing President Trump's calls for lower interest rates. Michelle Bowman, a key Fed official, recently suggested that the central bank should consider cutting rates soon to support the job market. She believes that if inflation stays under control, a rate cut
In the heart of Indiana, Indianapolis stands out as the city with the biggest Burmese population in the United States. This community, numbering around 30, 000 people, is feeling the pinch from recent policies. Tariffs and a travel ban have made life and business tougher for many. The owner of Chin
In the heart of western Kenya, a tiny freshwater snail is making a big impact on public health. This snail, known as Biomphalaria pfeifferi, has a unique way of reproducing. It mostly fertilizes its own eggs, leading to many identical snails. This might not seem important, but it is crucial for unde
Mid-Portion Achilles Tendinopathy is a common issue among athletes and active individuals. It is a condition that affects the mid-section of the Achilles tendon, causing pain, stiffness, and a decrease in muscle strength. This problem can be quite frustrating for those who enjoy physical activities.
Tariffs have been a hot topic, leaving many wondering what will happen next. One smart economist has an interesting idea. They think Trump might have a clever plan up his sleeve. This plan could keep tariffs at a reasonable level. It would give countries time to open up their economies. This way, ev
