Nike posts its first digital decline in 9 years

Nike posted its first decline in its Nike brand digital sales since 2015 — when it first began breaking out growth specific to that channel or Nike.com in either earnings releases or earnings calls — raising questions about the effectiveness of its direct-to-consumer...

China on Track to Be Ready to Invade Taiwan by 2027, US Says

China is building its military and nuclear arsenal on a scale not seen since World War II and all signs suggest it’s sticking to ambitions to be ready to invade Taiwan by 2027, a top US admiral testified. Despite Beijing’s economic challenges, its official defense...

How the US Economy Is Doing Depends on Your Politics

Consumer sentiment was once a reliable predictor of election outcomes. Not anymore. The way Americans feel about the economy is now largely determined by party affiliation. During Donald Trump’s administration, consumer sentiment plunged among Democrats and surged...

Young Chinese Ease Their Angst Over Economy by Playing Lottery

Ticket sales surged as youth unemployment climbed to record Nation’s young face tougher economic climate than parents did Lottery shops in China are ditching bland storefronts to reinvent themselves as hipster hangouts, with slogans that tempt youngsters hit by an...

US Offers $600 Million Loan to Australian Rare Earths Project

Move to expand critical minerals supply chain away from China Offer conditional on company obtaining environmental approvals A US-backed lender has offered an Australian miner $600 million in loans to develop a rare earths project, the latest move to expand the...