Breaking News: Markets

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

LONDON — British technology entrepreneur Mike Lynch has been found dead in the wreckage of his superyacht, which sank off…

Philadelphia Fed President Harker advocates for interest rate cut in September

Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way…

China’s self-driving startup WeRide delays U.S. IPO as deadline looms

Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more…

U.S. job growth revised down by the most since 2009. Why this time is different

There’s a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls —…

Fed minutes point to ‘likely’ rate cut coming in September

Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a…

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…