Fed Governor Adriana Kugler to Step Down

She was appointed by then President Joe Biden.

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Cooling Job Market Opens Door to September Cut Despite Inflation Jitters

A key question for the Fed will be whether the economy is weakening or whether a recent slowdown in job growth reflects temporary factors.

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Perella Weinberg Strikes Deal for Advisory Firm Specializing in Red-Hot Market

The boutique investment bank is buying Devon Park Advisors, a big player in continuation-fund deals.

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Why the Latest Meme Stock Craze Won't Take Down the Overall Market

Krispy Kreme, Opendoor, Rocket and Kohl's are merely the public face of a summer boom in bets by private traders.

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Berkshire Stock Sees Weird Trading. The A Shares Pop While B Shares Dip.

It is unclear what caused the late-day buying in the A shares, but it looks like it will reverse Friday.

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Wells Fargo to Name CEO Charlie Scharf Chairman

The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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Financial Services Roundup: Market Talk

Find insight on the Erste Group Bank, AIB Group and more in the latest Market Talks covering Financial Services.

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Geico, Berkshire Hathaway's Car Insurer, Is on Recovery Road

Warren Buffett's 'first business love' needed some TLC, and tech and analytics investments have paid off. But Progressive still has the lead.

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AXA Shares Slide After Currency Fluctuations Bite

The insurer reported net profit of €3.92 billion for the first half of 2025, a 2% dip on the same period last year.

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MicroStrategy Swings to Profit on Bitcoin Gains

The company's bitcoin per share increased by 25% in the second quarter from a year earlier.

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Coinbase's Profit Jumps on Crypto Investment Gains

The largest U.S. crypto exchange's revenue fell short of Wall Street expectations.

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Mastercard Profit Climbs on Revenue Gains From Spending, Services

Mastercard said more consumer spending in its payment network translated to higher revenue and earnings in the second quarter.

(END) Dow Jones Newswires

August 01, 2025 16:00 ET (20:00 GMT)

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