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Nike withdraws guidance, postpones investor day as it gears up for CEO change
Nike on Tuesday said it was withdrawing its full-year guidance and postponing its investor day as it gears up for a new CEO to take the helm.
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Asia-Pacific markets fall as investors monitor Middle East tensions; Japan’s Nikkei down 1.6%
Asia-Pacific markets fell at open on Wednesday morning, following a poor start to the trading month on Wall Street.
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Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Manufacturers of everything from trucks to toys to artificial Christmas trees face obstacles now that the ILA has called a stoppage.
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Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation
Oil watchers are now factoring in a genuine threat to crude supplies after Iran launched a barrage of missiles on Israel.
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What is Medicare tax and who pays it? Experts explain
Medicare funding comes from a combination of government contributions, payroll taxes, and monthly premiums paid by Medicare beneficiaries.