Saudi Arabia’s real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to the latest government figures.
Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
After 16 years leading the brokerage firm, Bettinger will be replaced by an internal CEO hire.
Mastercard to buy Swedish startup that makes it easier to manage and cancel subscription plans
The payments giant touted the deal as a way to help consumers with a key pain point — managing the myriad subscription services that exist today.
Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more
These are the stocks posting the largest moves in premarket trading.
London-based Robinhood rival Freetrade buys UK arm of Australian investing platform Stake
British retail investing app Freetrade has entered into an agreement with Australian rival Stake to take on all of the company’s U.K. clients and their assets.
Robinhood launches crypto transfers in Europe as it pushes overseas expansion
Retail investing platform Robinhood is setting sights on an EU expansion as part of broader plans to increase its global foothold.
China’s stock surge has echoes of the 2015 bubble. What’s different this time
The rocket up in Chinese stocks so far looks different from the market bubble in 2015, analysts said.
Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
Watch Fed Chair Jerome Powell speak live on economy, policy views
The central bank leader speaks Monday to the National Association for Business Economists in Nashville.
Stocks making the biggest moves midday: EchoStar, CVS Health, Stellantis and more
These are the stocks posting the largest moves in midday trading.