On today’s Market Catalysts, host Julie Hyman covers key trending stories on Thursday, July 3. Yahoo Finance Washington Correspondent Ben Werschkul joins the show to discuss the latest on President Trump's tax bill, which is awaiting its final vote in the House as House Minority Leader Hakeem Jeffries delays the vote with his speech. Former Congressman Kevin Brady, architect of the 2017 Tax Cuts and Jobs Act, shares his insights on the bill's impact on Medicaid and US economic growth. Wells Fargo Investment ...

RT Decentralised.Co (@Decentralisedco)The revenue meta is not a short-term, transitory conversation. It is the sign of a market trending towards efficiency.Our latest story breaks down our reasoning behind this, with data from @tokenterminalAccording to data from DeFiLlama, there are ±300 L1s and L2s. Of these, barely 10 have a TVL north of $1 billion. There are just as many with a daily protocol fee beyond $200k. From a price to sales perspective, Arbitrum and Optimism trade at healthy levels between 60 an ...

President Javier Milei is counting on a shale-oil boom in Argentina to cement his libertarian economic reforms.Read The Big Take ⤵️ https://t.co/SyUvtnWY90 ...

The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Uh, well, it's going it's going to going to pass and my expectation is that we'll get a vote around 130 today. Got it.You have said that this isn't ...

The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Well, it's going it's going to going to pass and my expectation is that we'll get a vote around 1:30 today. Got it.You have said that this isn't a d ...

Venture capital dealmaking in Latin America has hit the slowest pace in almost seven years, in part due to global economic uncertainty and a pullback from US investors in the region https://t.co/N19Ts596lL ...

[Music] I want to talk about economics, Greenville, and AI. Bring those ideas together. To start out, I want to ask, are you getting paid appropriately? So, lots of younger folks here starting their careers, mid-career in Greenville. Is Greenville the right place to get paid an adequate and appropriate salary? I'm going to tell you the answer is no. I mean, if the answer was yes, you wouldn't in I wouldn't have been invited to come speak. So, the answer is no. And um here's this common story that we get abo ...

Goldman Sachs global chief economist Yan Hatius joins us with his first take on the report looks good from the headlines but as I highlighted earlier beneath the surface you know where the job growth was concentrated why the unemployment rate came down wasn't all that great what do you think true it overstates the strength of the report if you just look at the headline numbers I think on the establishment survey the private sector was pretty soft and the big headline number was really driven by increas piec ...

Core Insights - NIKE, Inc. is facing challenges in footwear demand due to shifting consumer preferences and macroeconomic factors, leading to a decline in classic footwear sales while performance categories show growth [2][3][9] Footwear Demand and Market Trends - Footwear demand has been sluggish, particularly in classic sneakers and bulky dad shoes, influenced by inflation and consumer price sensitivity [2] - NIKE's classic footwear franchises are projected to decline by more than 10 percentage points as a part of its overall footwear mix [3] - The company expects total unit volumes to drop in double digits, particularly in the Dunk franchise [3][9] Revenue Projections - Footwear revenues for NIKE are expected to decline by 13.1% year-over-year in fiscal 2025 and by 3.3% in fiscal 2026 [4] - The Zacks Consensus Estimate indicates a year-over-year earnings plunge of 21.3% for fiscal 2025, followed by a growth of 54% in fiscal 2026 [11] Competitive Landscape - Competitors like adidas and lululemon are intensifying their efforts in the footwear market, posing a threat to NIKE's dominance through innovation and targeted market expansion [5][6][7] - adidas is focusing on collaborations and marketing to enhance its brand presence, while lululemon is developing its footwear line with a focus on biomechanics and gender-specific designs [6][7] Stock Performance and Valuation - NIKE shares have gained 2.2% year-to-date, contrasting with a 1.5% decline in the industry [8] - The company trades at a forward price-to-earnings ratio of 41.68X, which is higher than the industry average of 30.63X [10]

Atlanta Fed President Raphael Bostic called for patience amid uncertainty over economic policy and said a wait-and-see approach can help to ensure officials don’t have to reverse course on rates https://t.co/x9V0tKQCRO ...