Business – Page 21 – One America News Network

Nike shares drop as investors fret over murky turnaround timeline

Nike shares fell about 8% in early trading on Wednesday after the sportswear giant withdrew its annual revenue target.

Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family Dollar down the hill from their home.

Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.

Wall Street’s main indexes rose, with the S&P 500 hitting a record high, as Micron’s upbeat forecast revived the frenzy around AI.

Southwest Airlines plans to reduce service to and from Atlanta next year, affecting some employees on the impacted routes.

U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.