Forex news, Company news, Analysis

UK digital bank Starling’s losses doubled in 2019 — but it expects to break even this year

Anne Boden, CEO of Starling Bank, speaking at Web Summit 2019 in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit via Getty Images British digital challenger bank Starling said ...
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Goldman names new head of digital assets in bet that blockchain is the future of financial markets

Goldman Sachs is renewing its push into Wall Street's digital future. The firm made Mathew McDermott, a managing director who ran the investment bank's internal funding operations, its new global ...
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Private payroll growth slows sharply in July amid spike in virus

The move to get displaced workers back to their jobs slowed sharply in July, with private payrolls increasing by just 167,000, ADP reported Wednesday. That total was well below the ...
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Singapore’s largest bank reports 22% fall in quarterly profit as it guards against pandemic-induced risks

The building of DBS, Singapore's largest bank, at the city state's central business district. Suhaimi Abdullah | Getty Images News | Getty Images DBS Group Holdings, the largest bank in ...
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Fed Vice Chair Clarida still sees the economy staging a comeback this year

Federal Reserve Vice Chairman Richard Clarida said Wednesday he expects the economy to continue to recover through the year and likely return to its pre-pandemic level by the end of ...
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Singapore’s top banks are reporting earnings this week. Here’s what to expect

View of the Singapore Central Business District. Suhaimi Abdullah | Getty Images News | Getty Images Singapore's top three banks are expected to report another quarter of lackluster financial results ...
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Stocks making the biggest moves midday: Ford, Virgin Galactic, Chegg, Take-Two Interactive & more

GP: A logo of a Virgin Galactic is seen outside the building during the company's first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 ...
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Home prices see strong June bounce, but economists warn it likely won’t last

The first read on home prices in June is proving just how resilient the housing market has been in the face of an ongoing economic disaster. Strong demand for housing, ...
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U.S. stock futures open flat after Monday’s tech-powered rally

Traders work during the closing bell at the New York Stock Exchange (NYSE) on March 18, 2020. Johannes Eisele | AFP via Getty Images U.S. stock futures traded along the ...
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The record-setting jobs comeback looks like it could be coming to an abrupt halt

An aerial view of a construction worker roofing an apartment home on May 27, 2020 in Uniondale, New York. Al Bello | Getty Images Record-breaking job creation in May and ...
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Economy faces a bumpy ride as it enters healing phase, economist Michelle Meyer says

The economy faces a bumpy ride as it tries to heal from the shock of the coronavirus recession, according to Michelle Meyer, head of U.S. economics at Bank of America ...
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