A'ja Wilson
Nike to launch new women’s fitness brand with Kim Kardashian’s Skims
Nike will launch a new women’s activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear clothing company Skims.
Alicia Summers
Core Wholesale Prices Rise in August; Fed Rate Cut Still Expected
The Labor Department’s August Producer Price Index shows a 0.2% increase in wholesale prices, meeting expectations, but core wholesale prices rose 0.3%, reversing a previous decrease.
Alicia Summers
Wholesale Prices Surge, Sparking Inflation Concerns
The producer price index released today shows a surge in wholesale prices, the highest in a year according to the Bureau of Labor Statistics, sparking concerns about inflationary pressures and broader implications.
Business
US small-business sentiment slides to lowest level in more than 11 years
NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.