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Tag: Currency

Currency Mistakes of the Past are Contributing to an Ailing American Economy

March 21, 2024 No Comments Real estate , , , , ,

In this article It’s been nearly four years since COVID-19 burst onto the global stage. We’ve returned to normal, but “normal” just doesn’t mean what it used to.   Domestically, Americans are feeling worn out. Social tensions are high and have been for a couple of decades. Conservatives and the right wing waste no time in [...]read moreCurrency Mistakes of the Past are Contributing to an Ailing American Economy

Adidas slumps as weak profit forecast follows currency hit

February 1, 2024 No Comments Business , , , , , ,

By Bloomberg Published Feb 1, 2024 Adidas AG slumped after the German sports apparel maker said negative currency movements mean its profit this year will be less than half of what analysts were expecting. Reuters Operating profit should be around €500 million ($542 million) in 2024, Adidas said late Wednesday. That’s below the average analyst [...]read moreAdidas slumps as weak profit forecast follows currency hit