Finance

Block shares surge after earnings beat and increased full-year guidance

Shares of fintech firm Block surged as much as 19% in after-hours trading Thursday, after the company reported third-quarter earnings…

Bank of England governor says Israel-Hamas conflict poses risks to inflation fight

Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…

Amazon unveils buy now, pay later option from Affirm for small business owners

Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use…

Fintech giant Revolut appoints new UK boss amid struggles to get banking license

European fintech firm Revolut on Thursday said it appointed former Barclays executive Francesca Carlesi as its new U.K. CEO. Carlesi,…

UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China

The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, highlighting…