Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024. Kevin Mohatt | ReutersFor all the attention being paid to Federal...

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy’s value in an $11.7 billion sale to tech giant Hewlett...

British tech entrepreneur Mike Lynch and Morgan Stanley’s Bloomer retrieved from yacht wreckage

Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013. Bloomberg | Bloomberg | Getty ImagesLONDON — The body of British technology entrepreneur Mike Lynch, 59, has been...

Philadelphia Fed President Harker advocates for interest rate cut in September

Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way September.Speaking to CNBC from the Fed’s annual retreat in Jackson Hole, Wyoming, Harker gave the most direct statement yet from a...

This small-cap fund is outperforming the Russell 2000. Here’s how it works

The Russell 2000 may have a profitability problem.Though the small-cap index gained 10.1% in July, it’s dropped roughly 4% so far in August, as of Thursday morning.ALPS’ Paul Baiocchi chalks up the volatile moves to the index’s overall composition,...