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

Global sportswear giant Nike is reportedly bracing for a $1 billion blow from US tariffs on Chinese-made imports, a cost surge it admits will be passed, at least partly, onto customers. The warning ...

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.

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

Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...