fiscal year

Control of the White House changed in fiscal year 2025, but the U.S. budget picture didn’t.

About 154,000 employees took the deal, according to the Office of Personnel Management, and two-thirds were paid through Sept. 30, the end of the fiscal year.

Nike now expects tariff costs to hit $1.5 billion this fiscal year, up from the $1 billion executives projected three months ago.

Executives wanted the review on underperforming locations done by the end of the company’s fiscal year on Sept. 29.

The company bought back $24.3 billion of its stock in the first half of the fiscal year and still had $14.7 billion in additional purchases authorized at the end of the last quarter.