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Nike plans affordable shoe line after shares fall following dismal sales prediction

Sportswear giant Nike said Friday it will start selling sneakers for under $100 after its shares plummeted following dismal sales forecasts. The company announced new plans to boost profits after telling analysts in its quarterly earnings report on Thursday that revenue will likely decline in fiscal 2025. The forecast of an unexpected mid-single-digit decline in […]

Kyle Filipowski NBA Draft fall comes with wild allegations

There was something of a surprise when Kyle Filipowski fell to the second round in this year’s draft, with NBA teams reportedly hesitant due to off-court concerns surrounding the former Duke University star. The strange development and allegations came to light Thursday ahead of the second day of the draft after Filipovski went out in […]

Kyle Filipowski taken by Jazz in second round after NBA draft fall

One day after going unselected in the first round of the 2024 NBA Draft, Kyle Filipowski has been moved to a new team. The Jazz selected Filipowski, a Middletown, New York, native, with the 32nd overall pick in the second round of the draft on Thursday afternoon. Filipowski’s first-round exit surprised many experts and even […]

This week’s personal loan rates fall for 3-year loans, while 5-year terms rise

At Credible Operations, Inc. (NMLS No. 1681276, hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your financial situation. While we promote products from partner financial institutions from whom we receive compensation for our services, all opinions are our own. We provide weekly updates on […]

Mortgage rates fall slightly to 6.86%

James Bullard, former president and CEO of the Federal Reserve Bank of St. Louis, looks ahead to the next interest rate decision, analyzes employment data, and reacts to Chair Yellen’s housing development policy. Mortgage rates were mixed this week, with the standard 30-year note rate declining slightly for the fourth straight week, while shorter-term rates […]

Athing Mu to miss Olympics after heartbreaking fall at trials

EUGENE, Ore. — Asing Mu got tangled up in the middle of the truck and began to fall. One hand hit the ground, then the other. As she rolled onto her back, her bright pink shoes began to point toward the sky. The loss ended one of America’s most promising runners’ hopes of winning back-to-back […]