Tag: Financial markets

Frozen French fry maker Lamb Weston names new CEO, moves to loss in Q2

Lamb Weston is naming a new CEO as the frozen french fry maker moved to a loss in its second quarter and trimmed...

Brazil's currency drops to weakest level yet 4 as Lula's fiscal measures debated

SAO PAULO -- SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was...

How major US stock indexes fared Wednesday, 12/18/2024

U.S. stocks sank to their second-worst loss of the year after the Federal Reserve signaled that it may deliver fewer interest rates cuts...

Stock market today: Asian stocks are mixed ahead of the Federal Reserve's decision on rates

HONG KONG -- Asian stocks were mixed on Wednesday ahead of the Federal Reserve's final rate decision of this year. U.S. futures and...

How major US stock indexes fared Tuesday, 12/17/2024

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though...

Why is tech giant SoftBank investing over $100 billion in the US?

BANGKOK -- Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100...