‘We’ve never seen a 44% decline in demand for a brand’: Converse is in free fall and some suspect Nike may sell it ...Middle East

Good morning. On Fortune’s radar today:

Analysts are asking whether Nike should ditch Converse, a brand in free fall. Markets: Lots of things going wrong. Chart: How the U.S. government spends more than it takes in. AI is “too big to fail.” Say goodbye to your favorite office clichés—Gen Z doesn’t understand what they mean.

This story was originally featured on Fortune.com

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