Breaking News: Markets

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…

Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive

Cryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told…

Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases…