Wall Street ends lower, pausing rally as Powell testimony looms

[ad_1] Rivian announces it will adopt Tesla charging standard New home starts hit 13-month high Fedex falls in extended trading after posting quarterly results Fed Chair Powell’s two-day congressional testimony…

Cryptoverse: Bitcoin bounces on BlackRock buzz

[ad_1] June 27 (Reuters) – What would Satoshi make of it all? Bitcoin, the currency created to subvert the financial establishment, has shaken off weeks of sickness with the support…

PayPal raises full-year profit above estimates on e-commerce strength, cost cuts

[ad_1] May 8 (Reuters) – PayPal Holdings Inc (PYPL.O) on Monday raised its annual profit forecast to above Wall Street estimates, buoyed by its higher quarterly profit as margins improved…

OFFICIAL African fintech firm Flutterwave eyes U.S. listing after raising $170 mln

[ad_1] LAGOS, March 10 (Reuters) – Africa-focused payments company Flutterwave could consider a New York listing, its chief executive said after it raised $170 million from investors to expand its…

World Bank board elects US nominee Ajay Banga as president

[ad_1] WASHINGTON, May 3 (Reuters) – The World Bank’s 25-member executive board on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2, the…

Explainer: Elon Musk loves it. So what’s all the buzz about bitcoin?

[ad_1] LONDON, Feb 8 (Reuters) – Bitcoin surged anew on Monday when Elon Musk electrified its prospects by pledging Tesla Inc (TSLA.O) would soon take payment for its electric vehicles…

Mastercard profit beats estimates as consumers weather tough economy

[ad_1] April 27 (Reuters) – Mastercard Inc (MA.N) surpassed market estimates for quarterly profit as travel and dining demand held up against a turbulent economy, countering a blow from higher…

Visa’s payments business helps profit exceed Wall Street estimates

[ad_1] April 25 (Reuters) – Visa Inc (V.N) reported a better-than-expected second-quarter profit on Tuesday and bet on sustained growth at its payments business, as consumers brace for a milder…

AmEx’s costs, provisions cloud profit despite higher credit card use

[ad_1] Q1 profit $2.40/shr vs $2.66/shr estimate Co mindful of “mixed signals,” CEO says Reaffirms full-year profit forecast April 20 (Reuters) – American Express Co’s (AXP.N) profit missed Wall Street…

Wall Street ends down sharply on fears of Ukraine conflict

[ad_1] Zillow jumps on upbeat sales Under Armour falls after margin warning Indexes end: Dow -1.43%, S&P 500 -1.90%, Nasdaq -2.78% Feb 11 (Reuters) – Wall Street stocks ended sharply…