Dick’s Sporting Goods’ epic drop hits other footwear giants, as shoppers sour on retro sneakers

In 2025, the IMF reported that, across the globe, companies, households, and countries had amassed $251 trillion in debt. Looking toward the end of 2026, J.P. Morgan has warned that interest rates on such borrowings are set to spike, owing largely to dwindling populations and diminishing fiscal discipline. JPMorgan’s Joyce Chang and team unpacked the…

A new card can reach a digital wallet in seconds. Loyalty still takes longer, and one weak experience can send a card straight to the back of the wallet. The Issuer Engagement Playbook, “Removing Friction, Winning Loyalty: How Top Issuers Remove Cardholder Friction to Grow Customer Lifetime Value,” examines how leading card issuers build stronger…

“It’s a very, very, very big market,” he said. “In fact, it’s a bigger market than the overall traditional market as a whole.” The distribution gap between reverse and conventional is part of what he’s hoping to address, Peskin said. Reverse mortgages are offered by approximately 2% of originators while HELOCs are offered by the…

Fort Worth is offering millions of dollars to get a $1.8B defense technology company to come to Cowtown.  Photo credit: Wikimedia Commons/Hezmok Media City officials approved a $4.5M economic development agreement this week with California-based Mach Industries for a manufacturing plant to produce its unmanned aircraft systems. The defense startup has been tied to the…

Five Die as 7.7 Magnitude Earthquake Hits Indonesia and Tsunami Threat Eases Major Earthquake Strikes Indonesia: Impact, Response, and Aftermath By Dewi Kurniawati Casualties and Immediate Effects JAKARTA, Aug 15 (Reuters) – At least five people died after an earthquake of magnitude 7.7 and dozens of aftershocks struck off eastern Indonesia early on Saturday, a…