markets

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…

British tech entrepreneur Mike Lynch and Morgan Stanley’s Bloomer retrieved from yacht wreckage

LONDON — The body of British technology entrepreneur Mike Lynch, 59, has been retrieved from the wreckage of a yacht…

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…

The explosion of online sports betting is taking a toll on how people invest

The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed.…