Breaking News: Markets

Private payrolls rose by 140,000 in February, less than expected, ADP reports

Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday.…

British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.

British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services…

New CFPB rule caps banks’ credit card late fees at $8

The Consumer Financial Protection Bureau unveiled a new rule on Tuesday that it said would cap the typical late fee…

Some NYCB deposits may be a flight risk after Moody’s downgrades ratings again

Regional lender New York Community Bank may have to pay more to retain deposits after one of the company’s key ratings…

Turkish annual inflation soars to 67% in February

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…