FedEx Q2 Earnings: Freight Separation Sparks Bold Moves
FedEx Corporation, founded in 1971 by Frederick W. Smith and headquartered in Memphis, Tennessee, is a global delivery services company. Known for its FedEx Express service, which introduced overnight delivery, FedEx has grown to include various other services like FedEx Ground, FedEx Freight, and FedEx Office. Operating in over 220 countries, FedEx focuses on quick, […]
November PCE Price Index Rose to 2.4% (Below Forecasts)
The Personal Consumption Expenditures (PCE) Price Index is a key inflation gauge used by the Federal Reserve to assess the prices of goods and services consumed by households. Unlike the Consumer Price Index (CPI), the PCE adjusts for changing consumer behavior, reflecting how people shift spending as prices change. The core PCE, which excludes volatile […]
Nike Faces 8% Revenue Drop & 26% Net Income Plunge (Q2 2025)
Nike, Inc. is one of the world’s largest and most recognized sportswear and athletic apparel companies, known for its innovation in design, manufacturing, and marketing. Founded in 1964 as Blue Ribbon Sports and officially becoming Nike in 1971, the company has leveraged its powerful brand to dominate the global market in footwear, apparel, and equipment. […]
