Markets / Wall Street

Stories about the financial markets

ECB sees elevated risks to financial stability in Europe

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FRANKFURT, Germany — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven...

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Video app TikTok said Friday that its new CEO is Shouzi Chew, the new CFO of its Chinese parent company, ByteDance. ...

German government raises 2021 economic growth forecast

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BERLIN — Germany is raising its economic growth forecast for the year on the expectation of the gradual lifting of coronavirus restrictions and an...

Greece closer to investment grade with ratings upgrade

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Greece moved closer to investment grade late Friday after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to...

With Europe’s economy lagging, ECB to keep stimulus running

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FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...

MLB hires Brian Stedman from pro wrestling to head strategy

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NEW YORK — Major League Baseball reached into professional wrestling, hiring Brian Stedman as executive vice president of strategy and development. ...

German factory orders up for 2nd straight month in February

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BERLIN — Factory orders in Germany, an important indicator for Europe's biggest economy, rose for the second consecutive month in February, official figures showed...

German economist panel cuts 2021 growth outlook to 3.1%

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BERLIN — The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on...

German factory orders rise strongly in January

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BERLIN — German factory orders rose more strongly than expected in January, a promising sign of strength in Europe's largest economy, official figures showed...

UK boss of KPMG quits after slamming staff COVID complaints

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LONDON — The chairman of accountancy firm KPMG in the U.K. has resigned after reportedly telling staff to stop complaining about the impact of...