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The U.S. dollar was slumping against its major counterparts on Friday morning. The euro EURUSD, +0.48% was fetching $1.0091, up from $0.9999 on Thursday, and the dollar USDJPY, -1.06% was trading at 142.15 yen, down from 144.11 yen. The British pound GBPUSD, +0.73% also was climbing. The U.S. dollar index DXY, -0.67% on Wednesday had […]

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

PayPal Holdings Inc. PYPL, +0.06% said Thursday that it has tapped John Kim, an Expedia Group Inc. EXPE, +3.99% veteran, to be its next chief product officer. Kim, who spent a decade with the online-travel company, most recently as the president of Expedia Marketplace, will take over the PayPal position Sept. 26. “Developing new products […]

U.S. stocks finished higher on Thursday, notching their first back-to-back gains since Aug. 25 after a volatile session that saw the Dow Jones Industrial Average swing more than 460 points from peak to trough. Stocks seemed to shrug off hawkish commentary from Federal Reserve Chairman Jerome Powell, along with the European Central Bank’s largest interest-rate […]

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.

24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]