US Economy Shrinks For A 2nd Quarter, Heralding Recession
A young woman shops at the supermarket. The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace. The American economy shrank…
Meta stock falls following disappointing earnings
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Shares of Meta are down nearly 7%…
Fintech Saudi’s Fintech Accelerator Programme Concludes With 12 Fintech Startups
Under the patronage of the governor of the Saudi Central Bank (SAMA), Dr. Fahad Almubarak and the chairman of the Capital Market Authority (CMA), Mohammed ElKuwaiz, the closing ceremony of…
PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players
Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech…
Honeywell Gains On Strong Q2 Results; Beats Street Expectations
Honeywell International Inc HON reported a second-quarter sales growth of 2% year-over-year to $8.95 billion, +4% on an organic basis, beating the consensus of $8.69 billion. Adjusted EPS was $2.10…