The latest news, as it happens.
BreakingStocks climbed across the board Monday as traders grew more confident the central bank will ease policy at its next meeting, with tech and financials leading gains in a broad-based advance that pushed major indices to fresh highs for the year.
A look at the economic data, central bank decisions, and earnings reports set to move global markets in the week ahead — this piece is queued to publish later and should not appear on the home feed yet.
The payments company priced its shares at $24, above its marketed range of $19-$22, valuing the firm at roughly $6.8 billion in what bankers are calling a strong signal for the pipeline of tech listings still to come this year.
Financial planners say the biggest threats to a household budget are rarely one big purchase — they're small, recurring habits that compound over months without ever showing up as a single alarming charge.
A new flow report shows a third straight quarter of net inflows into broad-market index funds, even as headlines stay fixated on meme stocks and single-name volatility.
Weekly options contracts accounted for a record share of total options volume last month, as retail traders increasingly favor short-dated bets over traditional monthly expirations.
Passive index funds have overtaken actively managed funds in total assets under management for the first time, capping a two-decade shift in how households invest for retirement.
Homeowners in several coastal and wildfire-prone states are facing another round of premium increases as insurers point to a third consecutive year of above-average catastrophe claims.
Updated capital gains reporting requirements go into effect next quarter, changing how brokerages report cost basis on certain transferred assets and closing a gap that tax advisors say had long been a source of confusion.
A wave of mergers among mid-sized regional banks appears to be paying off, with several combined institutions reporting deposit growth that outpaced either bank's standalone results from a year earlier.
Hiring cooled for a second straight month, but wage growth held steady enough to outpace inflation for ordinary workers for the first time in nearly two years, according to the latest labor report.
A major retail chain posted a surprise quarterly profit after eighteen months of store closures and supply-chain restructuring, beating analyst estimates that had expected another loss.