Breaking News: Markets

Stocks making the biggest premarket moves: Virgin Galactic, Adobe, SoFi, Cava and more

Check out the companies making the biggest moves in premarket trading: Virgin Galactic — Shares soared nearly 45% in premarket…

SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO

LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the…

‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition

Employees of a startup purchased by JPMorgan Chase expressed disbelief when the company’s founder directed them to boost their customer…

Stocks making the biggest moves midday: Cava, Domino’s Pizza, Kroger, Lennar and more

Check out the companies making the biggest moves midday. Cava Group — Shares soared 99% in midday trading during its…

Stocks making the biggest moves before the bell: American Express, Domino’s, Coinbase and more

Check out the companies making headlines in premarket trading. Target — The retailer gained 0.6% after announcing it would increase…

$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…