markets

Powell reinforces position that the Fed is not ready to start cutting interest rates

Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but…

Private payrolls rose by 140,000 in February, less than expected, ADP reports

Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday.…

China’s central bank governor says there’s room to cut banks’ reserve requirements

BEIJING — The heads of China’s central bank and economic planning agency signaled that authorities would be willing to take…

Fed Chair Powell testifying to House on Wednesday. What investors are expecting

Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how…

British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.

British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services…