Markets / Wall Street

Stories about the financial markets

Tech calms down, but still strong as the world goes digital

0
Technology company stocks are in rest mode this year, but what may seem like weakness as the economy recovers is really just dormancy. ...

Challengers unseat third Exxon board member in climate fight

0
NEW YORK — Exxon Mobil shareholders have unseated a third board member in their bid to force the oil giant to deal more aggressively...

UN says pandemic created an `unparalleled’ employment crisis

0
UNITED NATIONS — The COVID-19 pandemic has created an “unparalleled” global labor market crisis that will affect the employment market for years, the International...

Turkish lira dips to record low over Erdogan rate comments

0
ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...

UN tribunal for Lebanon may fold due to funding crisis

0
BEIRUT — A U.N.-backed tribunal investigating the 2005 assassination of former Lebanese Prime Minister Rafik Hariri said Wednesday it is facing a severe funding...

Tyson Foods CEO Banks leaving company; King named successor

0
Tyson Foods President and CEO Dean Banks is leaving the poultry company for personal reasons, having served less than a year in the top...

Lebanese leaders exchange barbs as country sinks into crisis

0
BEIRUT — Lebanon’s president and prime minister-designate traded barbs Wednesday, accusing one another of obstruction, negligence and insolence in a war or words that...

Wilberforce University cancels debt for 2020, 2021 grads

0
(RNS) — There are usually lots of cheers and applause at university commencements. ...

Federal Reserve survey sees economy growing at faster pace

0
WASHINGTON — The U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nations manufacturers,...

Meme stock cash out: AMC selling 8.5M shares, raises $230.5M

0
The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has...