Week on Wall Street ends with losses. PayPal falls more than 12% after failed acquisition
Business

Week on Wall Street ends with losses. PayPal falls more than 12% after failed acquisition

Jornal de Negócios28 August 2026 at 21:15

The week on Wall Street ended with drops in the main indices. The North American markets closed the session in negative territory.

The payments company PayPal recorded a drop of more than 12% during the day. The devaluation occurred after the acquisition deal by Stripe failed to materialize.

The Chairman of the Federal Reserve, Kevin Warsh, promised to intensify efforts to bring inflation back to the 2% target.

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