Breaking News: Markets

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…

Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain

As the biggest players in wind energy gear up to report quarterly earnings, supply-chain reliability issues are front and center…

Powell says inflation is still too high and lower economic growth is likely needed to bring it down

Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the central bank would be…

Big banks are quietly cutting thousands of employees, and more layoffs are coming

The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are…

As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal

Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of…