Finance

Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

For all the attention being paid to Federal Reserve Chair Jerome Powell’s policy speech Friday, the chances of it containing…

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

LONDON — British technology entrepreneur Mike Lynch has been found dead in the wreckage of his superyacht, which sank off…

This small-cap fund is outperforming the Russell 2000. Here’s how it works

The Russell 2000 may have a profitability problem. Though the small-cap index gained 10.1% in July, it’s dropped roughly 4%…

Philadelphia Fed President Harker advocates for interest rate cut in September

Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way…

China’s self-driving startup WeRide delays U.S. IPO as deadline looms

Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more…

British tech entrepreneur Mike Lynch and Morgan Stanley’s Bloomer retrieved from yacht wreckage

LONDON — The body of British technology entrepreneur Mike Lynch, 59, has been retrieved from the wreckage of a yacht…

U.S. job growth revised down by the most since 2009. Why this time is different

There’s a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls —…