Business

PayPal shares sink on reports Advent-Stripe consortium walks away from bid

PayPal shares sink on reports Advent-Stripe consortium walks away from bid

By Milana Vinn, Manya Saini and Arasu Kannagi Basil Aug 28 (Reuters) - PayPal shares fell 12% in morning trading…

August 28, 2026

Prediction markets take a swing at hedging for US small businesses

By Suzanne McGee Aug 28 (Reuters) - Mark Murrell, founder of Get Maine Lobster of Portland, Maine, has an irritating…

August 28, 2026

Wall St inches up on megacap strength; Fed Chair Warsh reaffirms inflation fight

By Purvi Agarwal and Niket Nishant Aug 28 (Reuters) - Wall Street's main indexes inched up on Friday, powered by…

August 28, 2026

Dollar rises to session high after Warsh comments, set for weekly gain

By Chuck Mikolajczak NEW YORK, Aug 28 (Reuters) - The U.S. dollar rose on Friday, extending gains to a session…

August 28, 2026

Rate-hike expectations rise on Warsh speech at Jackson Hole

NEW YORK, Aug 28 (Reuters) - The Federal Reserve will "have work to do" if policymakers are not confident that…

August 28, 2026

Rate-hike expectations rise on Warsh speech at Jackson Hole

NEW YORK, Aug 28 (Reuters) - The Federal Reserve will "have work to do" if policymakers are not confident that…

August 28, 2026

U.S. added 79,000 fewer jobs in 12 months through March, BLS says

Aug 28 (Reuters) - The U.S. economy likely created 79,000 fewer jobs in the 12 months through March than previously…

August 28, 2026

Gap climbs after tapping retail veteran to reignite growth at Old Navy

By Anuja Bharat Mistry and Angela Christy M Aug 28 (Reuters) - Gap's shares jumped about 22% in early trading…

August 28, 2026

Oil drifts lower as Hormuz flows balance slow progress in Iran diplomacy

By Seher Dareen LONDON, Aug 28 (Reuters) - Oil prices fell on Friday and were on track for a weekly…

August 28, 2026

Canada's second quarter GDP recovers sharply as domestic demand revives, exports grow

By Promit Mukherjee OTTAWA, Aug 28 (Reuters) - Canada's economy rebounded sharply in the second quarter after six months of…

August 28, 2026