Why private equity has been involved in every recent bank deal
Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on "Oversight of the Treasury Department's and Federal Reserve's Pandemic Response" in the Rayburn House Office Building in Washington,...
British neobank Monzo raises $430 million in Alphabet-led round to relaunch in...
British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services in the U.S.Monzo raised the money in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet.HongShan, the...
Stocks making the biggest moves midday: Apple, Target, Tesla, Advanced Micro...
Check out the companies making headlines in midday trading. Apple — Apple dropped about 3%. Counterpoint Research said iPhone sales in China sank 24% during the first six weeks of 2024 versus the same period a year ago. Target — Target surged 12% after the retailer topped Wall...
Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Jerome Powell, chair of the Federal Reserve, during a House Financial Services Committee hearing in Washington, D.C., on June 21, 2023.Nathan Howard | Bloomberg | Getty ImagesFederal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting...
Stocks making the biggest moves after hours: Nordstrom, CrowdStrike, Box and...
Check out the companies making headlines after the bell . Ross Stores — Shares edged 1% higher after the discount store chain's fourth-quarter results exceeded analysts' expectations. Ross earned $1.82 per share on $6.02 billion of revenue, higher than the $1.65 per share on...