Latest News

Euro and pound hold gains, stocks mostly rise as rate fears ease
Euro and pound hold gains, stocks mostly rise as rate fears ease

The euro, pound and yen all held their gains against the dollar Thursday and most equities rose as traders grow increasingly hopeful the Federal Reserve will slow its pace of interest rate hikes. And on Thursday the euro held above parity with the greenback, a day after breaking the marker for the first time since last month and ahead of an expected European Central Bank rate hike.

Transgender Thai media mogul buys Miss Universe pageant
Transgender Thai media mogul buys Miss Universe pageant

A Thai media mogul and transgender rights campaigner has bought the firm that runs Miss Universe pageants for $20 million, according to a company announcement. The next Miss Universe pageant is scheduled for the US city of New Orleans next January.