Feb 10, 2025 | Markets
McDonald’s Corp. said low-income consumers in the US are still under pressure, highlighting the struggles of a key customer group for the burger chain. Across the industry, purchases from low-income guests were down substantially in the fourth quarter, Chief Executive...
Feb 8, 2025 | Markets
Greenback has climbed nearly 7% from its September low Strong dollar reduces export demand, value of overseas profits The surge in the dollar is darkening the earnings outlook for US multinational companies from Amazon.com Inc. to Apple Inc., leaving investors to...
Feb 7, 2025 | Markets
Five things you need to know US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance plans. Check out the full story from his interview with Bloomberg Television. Investors are focusing on the monthly...
Feb 6, 2025 | Markets
Joe Tsai’s Blue Pool bought into Italian firm that pulled IPO Brazil’s Moreira Salles family is exploring a bid for Verallia Just weeks into the new year, family offices from Hong Kong to Brazil to New York are demonstrating the growing financial might of investing...
Feb 5, 2025 | Markets
Price hike has hurt demand in both major and emerging markets Top-grower Brazil is suffering after a prolonged drought Arabica coffee topped $4 per pound in New York for the first time, as concerns over tight global supplies fuel a dizzying rally that’s doubled prices...
