Breaking News: Markets

Klarna takes on banks with a personal account and cashback rewards ahead of IPO

Financial technology firm Klarna is pushing deeper into banking with its own checking account-like product and a cashback offering that…

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…

UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the…

Wholesale inflation measure rose 0.1% in July, less than expected

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…