Finance

NFL looks to give a boost to Black- and minority-owned banks

The National Football League is making a big play to increase lending in underrepresented communities. The league is borrowing $78…

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions…

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel…

The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%

The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6%…

Fed holds off on rate hike, but says two more are coming later this year

WASHINGTON —  The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as…

Stocks making the biggest moves midday: Logitech, Toyota, UnitedHealth, AMD and more

Check out the companies making headlines in midday trading. Logitech — Shares tumbled 11.1% after the company announced president and…

Stocks making the biggest moves premarket: Toyota, AMD, Shell, UnitedHealth and more

Check out the companies making the biggest moves in premarket trading. Toyota — The Japan-based automaker’s shares jumped about 5%…