Market News

The unemployment rate, typically a measure of financial hardship, fell to 10.2% in July.

The stocks making the biggest moves in premarket trading include TripAdvisor, T-Mobile US, FedEx, Uber, and more.

The app-based bank said it had seen lending activity spike thanks to the U.K. government's emergency coronavirus financing schemes.

Fintech companies in Asia saw their capital raise fall around 37% from $2.56 billion in the first quarter to $1.62 billion in the second, a CB Insights report said.

Brown Brothers Harriman's Win Thin expects the dollar to bottom later this year.

Stocks fell as U.S-China tensions and ongoing coronavirus stimulus negotiations dampened the market's enthusiasm over a strong jobs report.

Stocks rose once again after a late-day surge in tech stocks.

More than half of workers who recently applied for unemployment benefits in California were doing so because their jobs or hours were cut again, hinting at the nation's unstable economic recovery.

Check out the companies making headlines in midday trading.

The appointment of Mathew McDermott means the newest face of blockchain and cryptocurrency on Wall Street isn't a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets.

The stocks making the biggest moves in premarket trading include Hilton, Restaurant Brands, Bausch Health, and more.

The Bank of England has held interest rates steady and maintained its existing level of asset purchases, but warned it is anticipating a slower economic recovery from the coronavirus crisis.

Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 billion Singapore dollars.

Oppenheimer Asset Management's John Stoltzfus expects a temporary setback to the March 23 rally, but he's not abandoning his bullish stance on stocks.

See which stocks are posting big moves after the bell.

Mester called Wednesday for more help from Congress and said the central bank stands at the ready to provide whatever resources it can to help an economy at risk from rising coronavirus cases.

All of Nikola's revenue in the second quarter was connected to solar installations for one of the company's executives.

Positive news on the coronavirus front and strong earnings from Disney lifted the market on Wednesday.

The Wall Street model is to hire thousands of entry-level workers every year to create a pipeline of talent. By taking in more Black and Latino employees, CEO David Solomon hopes to eventually improve the diversity at more senior positions.

Most businesses have exhausted funding from a loan program that's propped up payrolls and some states reimposed shutdown measures. For those who lose their jobs again, there's a silver lining: They can probably restart their unemployment benefits.