Breaking News: Markets

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact…

Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

Former President Donald Trump will soon be free to start unloading his multibillion-dollar stake in his fledgling social media startup,…

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 —…