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Breaking News - Latest of The Hour: Markets, Forex

08/23/2019

Hunter Harrison's Train Overhaul Starts Running Out of Steam Precision-scheduled railroading, the industrywide system to boost efficiency pioneered by the late Hunter Harrison, led to widespread improvements in recent years. But the momentum from that shift is now fading....
15:51, 08/23/2019

Some Coca-Cola Stocks Fizz More Than Others Coca-Cola is supposed to have the same flavor everywhere, but that’s not the case for Coca-Cola stocks. Some of the soda giant’s bottling partners offer fizzier growth than others....
15:51, 08/23/2019

Seoul Cycle: Korea Feels the Trade War Burn South Korean stocks are among the world’s worst performers this year, as its export-focused companies grapple with not one, but two trade fights and slowing global growth....
15:51, 08/23/2019

U.S. Stocks, Bond Yields Fall on China Retaliatory Tariffs U.S. stocks, commodities and Treasury yields faltered after China said it would impose retaliatory tariffs on additional U.S. products and investors started to hear from a series of central bankers speaking in Jackson Hole, Wyo....
15:51, 08/23/2019

Liquidity-hunting algos the next big thing in FX NDFs Other players are expected to follow Goldman Sachs and BNP Paribas in introducing algos designed to source both internal and external liquidity for FX NDFs, despite limited liquidity in many non-deliverable currencies....
14:17, 08/23/2019

Copper Nears Multiyear Low as Economic Worries Grow The price of copper dropped to within striking distance of a fresh multiyear low as weak U.S. manufacturing data added to concern over the health of the global economy....
07:17, 08/23/2019

Copper Nears Multi-Year Low as Economic Concerns Grow Copper prices dropped to within striking distance of a fresh multiyear low, as weak U.S. manufacturing data bolstered concerns over the health of the global economy....
22:17, 08/22/2019

Will Argentina’s economy do the dead cat bounce? Argentina is about to default; again. It will be the ninth time in the past 200 years, and the Latin American sovereign is about to test its ability to survive beyond the ascribed mortality of cats....
20:51, 08/22/2019

U.S. Government Bonds Send Warning About Slowing Growth U.S. government bonds sent a fresh warning about the economy after a report showed that manufacturing activity slowed this month to the lowest in almost 10 years. That data led the yield on the 10-year note to fall below the yield on the two-year not...
20:17, 08/22/2019

August Data Heighten Pressure on Industrial Stocks One of the hardest-hit areas of the stock market in recent months is under fresh pressure after a series of reports showed the manufacturing sector in decline....
20:17, 08/22/2019

U.S. Stocks Waver on Disappointing Manufacturing Data The S&P 500 flipped between small gains and losses after weaker-than-expected manufacturing data raised fresh worries over the health of the economy....
20:17, 08/22/2019

Don't Overthink Overstock.com It is probably a good thing that Patrick Byrne has resigned as chief executive of Overstock.com. That doesn’t mean investors should rush into the stock....
20:17, 08/22/2019

Home-Builder Stocks Soar Past S&P 500 Home-builder shares are fast approaching their highs for the year, moving past steep 2018 losses thanks to a combination of falling mortgage rates and firming housing data....
12:17, 08/22/2019

Yields Plumb New Lows, but 'Century Bonds' Remain Scarce Bond yields in many countries have fallen to record lows this summer. Yet few governments have responded as many bankers and investors say they should, by locking in ultralow rates for decades....
12:17, 08/22/2019

Stocks Drift Lower as Economic Concerns Persist Global stocks slipped as better-than-expected economic data in Europe failed to ease recession concerns and investors awaited minutes from the European Central Bank for hints about its stimulus plans....
12:17, 08/22/2019

Royal Bank of Canada's Profit Increases Royal Bank of Canada’s profit increased in its fiscal third quarter as net interest income rose by almost 10%, but the bank’s chief executive said the lender would conserve capital and avoid acquisitions due to global economic uncertainty....
21:17, 08/21/2019

Silver Rally Cools as Market Rebound Limits Haven Buying Prices of silver edged lower, pausing a recent rally as investors looked ahead to the release of Fed minutes and a Friday speech by Fed Chairman Jerome Powell....
21:17, 08/21/2019

Traders Bet on Falling Volatility Stock volatility has receded in recent days, and some investors have bet the tranquility will persist. Leveraged funds like hedge funds recently increased bearish wagers on futures linked to the Cboe Volatility Index, a measure of market turbulence, ...
17:51, 08/21/2019

Mortgage Market Reopens to Risky Borrowers More than a decade after the financial crisis, home buyers with low credit scores or high debt levels as well as those lacking traditional employment are finding it easier to obtain credit....
17:51, 08/21/2019

Slowing Buybacks Remove Pillar of Stock Market U.S. corporations are repurchasing their own shares at the slowest pace in 18 months, a potential sign of more volatility as the buyback bonanza from the corporate tax overhaul wanes....
17:51, 08/21/2019

Strong Demand for Bank Bonds Allays Fears From Sinking Shares The relatively strong performance of bank bonds is sending an encouraging signal at a time when financial stocks are under pressure from recession fears....
17:51, 08/21/2019

Goldman Pursues Majority Stake in Chinese Venture Goldman Sachs has applied with Chinese regulators to take a majority stake in an investment-banking joint venture, the most recent move by a foreign company to tap the nation’s vast financial sector....
17:51, 08/21/2019

Silver Rally Cools as Investors Await Fresh Fed Signals Prices of silver edged lower, pausing a recent rally as investors looked ahead to the release of Fed minutes and a Friday speech by Fed Chairman Jerome Powell....
17:51, 08/21/2019

Some Firms Say to Hold Out for an Emerging-Market Rebound Shares of stocks from India to Russia to South Africa have slid, pulling the MSCI Emerging Markets Index down 5.5% for the month. Some investors though say a rally may be near....
17:51, 08/21/2019

Germany for First Time Sells 30-Year Bonds With Negative Yields In an unprecedented move, Germany sold 30-year bonds at a negative yield, as investors desperate for safe assets bet that further falls in yields will boost the value of the bonds in the future....
17:51, 08/21/2019

As the Fed Frets, Retailers Rake in Sales Before Federal Reserve Chairman Jerome Powell puts the finishing touches on a speech he is delivering this week, maybe he should take some time to listen to a playback of Target’s earnings conference call....
17:51, 08/21/2019

BlackRock Unit Gets Approval to Take Russia-Linked Firm's Stake in Cybersecurity Company A national-security panel that oversees foreign investment in U.S. businesses approved the transfer of a stake in cybersecurity company Cofense from a Russia-linked private-equity firm to funds managed by BlackRock....
06:51, 08/21/2019

Madison Square Garden Shares Have Trouble Scoring Shares of Madison Square Garden, home to the New York Knicks basketball team, fell 9.3% in recent trading Tuesday, on track for the biggest single-day decline on record....
23:17, 08/20/2019

Investors' New Weapon in Japan: Votes to Embarrass the Boss The taboo of lodging protest votes is weakening in the consensus-based corporate culture, as part of a yearslong push to improve Japanese companies’ profitability and corporate governance....
18:51, 08/20/2019

Junk-Bond Investors Turn Picky as Slowdown Talk Swirls Debt investors are shying away from junk bonds with lower credit ratings such as those from Rite Aid, PetSmart and EP Energy, as concerns about the economic outlook ripple through financial markets....
18:51, 08/20/2019

Don't Bet on Trump Rescuing the Stock Market Should investors rely on Donald Trump underpinning the stock market by backing away from trade threats as stocks fall? In short: not as much as they seem to....
18:51, 08/20/2019

Don't Expect a Meaningful Fiscal Push From Germany The German economy needs new sources of growth. Investors shouldn’t count on fiscal stimulus to be one of them, even if the government loosens the purse strings a bit....
18:51, 08/20/2019

Shrinking U.S. Crude Discount Threatens Exports The discount of the U.S. crude-oil benchmark to the global Brent price has fallen to its lowest level in more than a year, driven by an expansion in pipelines....
18:51, 08/20/2019

Banks Get Some Relief in Volcker-Rule Changes U.S. regulators unveiled final changes to Volcker-rule restrictions on proprietary trading by financial firms, removing a provision opposed by the biggest banks and giving some regulatory relief to smaller firms....
18:51, 08/20/2019

Recession Fears Take a Rest at Home Depot For Home Depot, a mixed second quarter was enough to send its stock sharply higher Tuesday. Investors had apparently steeled themselves for worse results....
18:51, 08/20/2019

Pot Industry Underestimates Old-School Dealers Traditional drug dealers are still formidable competitors in states where cannabis is legal. Governments planning for huge tax windfalls and investors expecting rapid market-share gains have to adjust to a slower burn....
03:34, 08/20/2019

Jennifer Lopez, Alex Rodriguez Are Investing in Fintech Firm Acorns Acorns Grow wants to go viral–and it has enlisted A-Rod and J.Lo to help. The influencer strategy is the brainchild of Acorns CEO Noah Kerner, who is trying to transform the company from a niche savings app into a bank alternative....
03:34, 08/20/2019

Things Can Get Worse for Japan's Struggling Regional Banks Ultralow interest rates are making it a miserable year for Japanese banks, with many stocks hitting historic lows. The bad news is that things can still get worse....
03:34, 08/20/2019

U.S. Bank Regulator Pitches Low-Income Lending Rule Changes A Trump-appointed bank regulator is touring the country trying to sell his plans to modify lower-income lending requirements and overcome resistance from other regulators, banks and community advocates....
03:34, 08/20/2019

U.S. Government Bond Yields Rise as Treasury Again Explores Ultralong Bonds The Treasury Department’s latest expression of interest in issuing bonds with 50-year and 100-year maturities weighed on demand for existing Treasurys on Monday....
03:34, 08/20/2019

Visium Sues Widow of Portfolio Manager Who Died by Suicide A hedge fund that closed after securities regulators accused the firm of insider trading is seeking more than $100 million from the estate of one of its former portfolio managers....
03:34, 08/20/2019

Top CEOs Say Firms Have Duties Beyond Shareholder Value The leaders of some of America’s biggest companies are chipping away at the long-held notion that corporate decision-making should revolve around what is best for shareholders....
03:34, 08/20/2019

Investors Seek Havens as Growth Fears Persist Investors are snapping up safer assets including gold, dividend-paying stocks and the Japanese yen, underlining anxiety over trade tensions and slowing global growth....
03:34, 08/20/2019

Worried Hong Kong Residents Are Moving Money Out as Protests Escalate The local currency has weakened rapidly since early July, a move analysts attribute partly to outflows. Some businesses say they are seeing money move abroad, and individuals say they have either swapped money into other currencies or are considering...
20:51, 08/18/2019

A Hot S&P 500 Stock Is All About Bonds MarketAxess has risen by challenging Wall Street banks that have long dominated trading in corporate bonds. The trading platform was added to the S&P 500 this summer after its share price doubled in a matter of months....
20:51, 08/18/2019

Large Firms Trim Debt, Fueling Surge in Bonds at Center of Leverage Concerns Debt reduction at AT&T, Anheuser-Busch InBev and other companies is contributing to a surprising development: The lowest group of investment- grade bonds is outpacing other tiers....
20:51, 08/18/2019

Market Tumult Stings the New Bond King For much of the past decade, Daniel Ivascyn’s Pimco Income Fund has posted stellar returns. So far this year, though, the fund has fallen short of the fund’s benchmark index and nearly all of its peers....
20:51, 08/18/2019

Frugal Friends and How to Find Them Friendship has always called for some maintenance costs. But in a world where birthday parties for milestones might cost hundreds of dollars and pre-wedding festivities often come with a price tag, those hoping to stay frugal can have a hard time....
22:00, 08/17/2019

Today's Tech IPOs Offer Lower Growth for Top Dollar Investors who buy into today’s high-profile initial public offerings are getting a raw deal. Recent tech IPOs tend to be less profitable, slower-growing and more aggressively priced than their predecessors....
22:00, 08/17/2019

For Burberry, China Is No Longer Ripe for the Picking It isn’t an easy time for companies that depend on selling expensive products to Chinese consumers. Trench-coat maker Burberry is particularly exposed to the chill winds blowing from Asia....
02:51, 08/17/2019

Instagram's Changes Could Leave Influencers Heartbroken Instagram influencers are akin to huge businesses, but Facebook’s moves to decrease social pressure and improve users’ happiness threaten to upend social-media celebrities’ business models and could boomerang to hurt Facebook itself....
02:51, 08/17/2019

Disney Claims Force Was Too Strong at Star Wars Attraction Walt Disney Co. blames itself for the disappointing attendance at its new Star Wars theme-park attraction, believing heavy promotion scared off would-be visitors who expected crowds. But higher prices surely didn’t help either....
02:51, 08/17/2019

Natural-Gas Prices Drop on Cooler-Weather Forecasts Natural-gas prices slid on Friday, while capping their biggest weekly gain in more than a month, as weather forecasts pointed to cooler temperatures ahead....
02:51, 08/17/2019

Regulators Approve Bitcoin Venture Backed by NYSE Owner New York state regulators approved a key license for Bakkt, a venture designed to make it easier for consumers to store bitcoins and pay for purchases in the cryptocurrency....
02:51, 08/17/2019

Expected Volcker Rule Update a Win for Large Banks An update of the Volcker rule expected next week will deliver a victory to large banks that have fought regulators’ efforts to clarify trading definitions, said people familiar with the matter....
02:51, 08/17/2019

J.C. Penney, Viacom, General Electric: Stocks That Defined the Week Major U.S. stock indexes fell for the week on renewed concerns that the economy could be headed toward a recession, fueled by an inversion of the yield curve and other market signals flashing red....
02:51, 08/17/2019

Some Investors Are Betting the Flight to Bonds Is Overdone A hearty pack of skeptical investors sees bond markets as overly pessimistic and is making bets against debt securities that are overbought—just in case yields rise in the months ahead as the market reassesses the economy....
02:51, 08/17/2019

Investors Flock to Gold ETFs Gold exchange-traded funds are regaining their luster. Investors poured about $2.6 billion into gold-backed ETFs in July, increasing their collective holdings to 2,600 tons—the highest total since March 2013, data from the World Gold Council show....
02:51, 08/17/2019

U.S. Stocks Rise but Notch Modest Weekly Loss The Dow Jones Industrial Average bounced back from Wednesday’s 800-point selloff with two consecutive sessions of gains and a modest weekly loss. But investors’ lingering fears about a potential recession remain unresolved....
02:51, 08/17/2019

BlackRock Offers to Buy Cofense Stake from Russia-Linked Firm A rare showdown between a national-security panel tasked with overseeing foreign-investment in U.S. companies and a Russia-linked firm is nearing a potential resolution....
02:51, 08/17/2019

Mexico is not a safe option for investors fleeing Argentina Country risk analysts are less than enthused by the weak economy and slow pace of reforms, as government policy provides more questions than answers....
21:17, 08/15/2019

Banking: Argentina is back where it started When Mauricio Macri won the last presidential election in 2015, the future for Argentina’s banks looked rosy: a spate of international debt and equity deals confirmed the optimism. No one who participated in those deals – including Galicia’s CEO Fabi...
21:17, 08/15/2019

Dow Sheds 800 in Biggest Drop of Year The Dow industrials posted their largest decline this year and bond markets sent a recession warning signal, highlighting anxiety on Wall Street about the prospects for the decadelong economic expansion....
01:17, 08/15/2019

Cisco Yields to Slowdown Fears Cisco’s forecast for the current quarter was a bit below expectations, knocking a stock that had already shed 4% during the regular session down another 7% after hours....
01:17, 08/15/2019

How Five Money Managers Are Playing Swings in the Market U.S. stocks have been increasingly volatile lately, with the S&P 500 rising or falling by more than 1% almost every day in the past few weeks. Here’s how some large money managers are playing the market....
20:17, 08/14/2019

Repo Rates Fuel Concern Over Mounting U.S. Debt The elevated cost of borrowing cash overnight using Treasurys as collateral highlights the expense of widening budget deficits, even as U.S. 10- and 30-year yields are near record lows....
20:17, 08/14/2019

Bond Rally Drives 30-Year Treasury Yield to Record Low Another wave of buying in the U.S. government-bond market pushed the yield on the 30-year Treasury bond to a record low, the latest sign of mounting economic anxiety....
20:17, 08/14/2019

Oil Tumbles on Renewed Demand Worries Oil prices slid, falling alongside stocks and other risky assets, after downbeat economic news from China and Germany fueled fresh worries about a slowdown in global growth....
20:17, 08/14/2019

The Hazards of Joining WeWork's Community Increasing losses, murky financial metrics and touchy-feely sales pitches are hallmarks of the recent IPO boom. WeWork brings them together in one offering....
20:17, 08/14/2019

Ethanol Hits Five-Year Low as Stocks Rise Ethanol futures prices are trading at five-year lows, adding the corn-based fuel to the roster of agricultural commodities piling up in storage across the U.S....
20:17, 08/14/2019

Safety in the Stock Market Is Getting Expensive Investors flocked toward safe-haven stocks amid a market selloff, including utilities, real-estate and consumer-staple shares. But gains across those sectors have pushed price-to-earnings ratios higher....
20:17, 08/14/2019

Stocks Fall as Bond Yields Flash a Recession Warning U.S. stocks tumbled and Treasury markets sent a new recession signal after weak German and Chinese economic data stoked fears of an impending global slowdown....
20:17, 08/14/2019

Embattled Bank Stocks Lose Billions Investors continued their run on bank stocks, sending shares of some of America’s biggest financial institutions sharply lower following the latest sign of trouble ahead for the U.S. economy....
20:17, 08/14/2019

Argentine Vote Slams U.S. Bond Funds Yield-seeking investors everywhere are getting singed this week by the meltdown in Argentina’s markets following the victory of a populist candidate in the South American nation’s presidential primary election....
12:17, 08/14/2019

Warren Buffett Is a Huge Backer of U.S. Banks Warren Buffett’s Berkshire Hathaway holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy....
12:17, 08/14/2019

Fannie, Freddie to Consider Alternatives to FICO Scores Fannie Mae and Freddie Mac, two mortgage-finance firms that back nearly half of U.S. mortgages, will have to consider credit-score alternatives to Fair Isaac Corp.’s FICO score when determining a mortgage applicant’s creditworthiness....
04:51, 08/14/2019

Retail Stocks Rally as Tariffs Are Delayed Shares of department stores, discount chains and even toy makers rallied Tuesday after the U.S. said it would delay some tariffs against China until Dec. 15....
19:17, 08/13/2019

Greek Stocks Poised for Best Performance in 20 Years Greek stocks are headed for their best year in two decades amid investors’ optimism that a new government will be able to pare back austerity measures and revive the debt-laden economy....
18:17, 08/13/2019

Uranium Giant Cameco Can't Catch a Break Jitters over a nuclear accident in Russia, while they won’t affect civilian nuclear demand, are the latest in a cascade of negative sentiment for the Canadian company....
18:17, 08/13/2019

One of the Most Lucrative Washington Jobs Is Now Open One of the highest-paying jobs in public service just became available: heading a small but powerful regulator responsible for overseeing the $4 trillion market for state and local bonds....
18:17, 08/13/2019

Why Tencent Music Is Stuck With the Same Old Song China’s largest online music company will struggle to change its tune. Buying a stake in Universal won’t help Tencent solve one of its more-serious problems....
18:17, 08/13/2019

MarketAxess Breaks Into Treasury Trading With Acquisition MarketAxess Holdings, the dominant online corporate bond-trading marketplace, is expanding into the $16 trillion market for U.S. government bonds with the acquisition of LiquidityEdge....
18:17, 08/13/2019

Yield Curve Telegraphs Recession, but Its Wires Are Crossed The yield on a 10-year Treasury note has fallen below the yield on a 3-month bill, the most-reliable signal yet found of danger ahead. But Treasurys of other maturities don’t show an inversion. What’s going on?...
18:17, 08/13/2019

Fewer Reasons for Another Fed Cut Inflation picked up and the Trump administration delayed some tariffs. Yet investors still expect the Federal Reserve to lower rates again next month....
18:17, 08/13/2019

U.S. Stocks Rally on Tariff Delay Stocks, bond yields and commodities jumped as news that the U.S. would delay some tariffs against China rekindled investors’ hopes for an eventual trade truce....
18:17, 08/13/2019

Gold Pares Early Advance as Trade Hopes Boost Risk Assets Gold prices erased an early rally after the U.S. Trade Representative said it would delay some tariffs on Chinese imports and China’s Xinhua News Agency reported that officials from both sides plan to continue talks in two weeks....
18:17, 08/13/2019

Israel fintechs: From start-up to scale-up Israel has become one of the world’s most important fintech hubs, attracting millions in investment from some of the biggest global brands and venture capital funds. Can its start-up culture now evolve to grow large fintech businesses at home?...
09:51, 08/13/2019

Some Stock Prices Delayed as Glitch Hits NYSE-Run Data Feed A key stock-market data feed run by the New York Stock Exchange suffered a technical glitch on Monday, leading to delays in releasing the end-of-day values of the Dow Jones Industrial Average and the S&P 500....
02:17, 08/13/2019

The Turn in the Yield Curve A key market barometer of the risk of future recessions is sounding its loudest warning since April 2007, months before the start of the last financial crisis. Investors and analysts are debating how to interpret the signal....
01:51, 08/13/2019

Planet Fitness Must Come Down to Earth Our third annual Summer Stock Picking Contest begins. Fast-growing gym chain Planet Fitness depends on a constant supply of flabby customers and is priced for unit growth that could take a hit in a downturn....
01:51, 08/13/2019

Weaker Yuan Tests China's Ability to Prevent Capital Flight China’s biggest experiment with the yuan since a botched devaluation in 2015 suggests Beijing believes it can stem a flood of money fleeing its borders....
01:51, 08/13/2019

Big Investors Leverage Their M&A Promises As breakup fees fall out of favor in the U.K., bidding companies have increasingly started seeking promises from the biggest shareholders of a target company to support the deal, pledges known as “irrevocables.” And shareholders are finding ways to c...
01:51, 08/13/2019

BlackRock Takes Stake in Owner of Sports Illustrated, Nine West BlackRock has become the largest shareholder of Authentic Brands, the company that owns brands including Sports Illustrated and Nine West, in the first deal for the investment giant’s new private-equity fund....
01:51, 08/13/2019

BlackRock Fund's First Big Private-Equity Deal Is a Sign of What's to Come BlackRock’s private-equity fund hopes its deal for a stake in Authentic Brands will be the first in a series that will help the firm close the gap with private-equity rivals, and drive momentum for a fund designed to hold stakes for the long haul....
01:51, 08/13/2019

Chinese Financial Institutions' Lending Dives Lending by Chinese financial institutions slumped in July on weakening demand, signaling further economic headwinds from trade tensions with the U.S. and potentially paving the way for more stimulus efforts by Beijing’s policy makers....
01:51, 08/13/2019

Stocks to Watch: GE, Sysco, AMD, BlackRock, CBS, Rite Aid and More Shares of General Electric, Sysco, Advanced Micro Devices, BlackRock, CBS and Rite Aid are among the stocks expected to trade actively in Monday’s session....
01:51, 08/13/2019

U.S. Government Bond Yields Slide A rally in U.S. government bonds resumed, pushing yields back to multiyear lows, as global political uncertainty further stoked investors’ economic anxieties....
01:51, 08/13/2019

Stocks and Bonds Are Talking Past Each Other The yawning gap between markets is perplexing some investors, who say they struggle to discern how stocks can churn higher when bond yields are signaling a downturn may not be far off....
01:51, 08/13/2019

These Are the Winners From Last Week's Market Mayhem In addition to selling stocks and picking up assets considered safer, such as government bonds, investors are piling into funds meant to protect against stock swings....
01:51, 08/13/2019

Bank Stocks Are Having a Rough August Falling interest rates, fears of a global economic slowdown and unrest in the Asian financial hub of Hong Kong have conspired to beat up bank stocks this month....
01:51, 08/13/2019

U.S. Stocks Decline Amid Trade Woes U.S. stocks fell as a wave of selling that analysts attributed to mounting doubts about a trade deal pulled lower everything from bank stocks to shares of technology companies....
01:51, 08/13/2019

Corn, Wheat Prices Fall on USDA Report The USDA estimated in a monthly report that 90 million acres of corn were planted by farmers this year—greater than market expectations, traders said....
01:51, 08/13/2019

That Offer to Make You Debt-Free? It Can Make You Worse Off Debt-settlement firms powered by the credit-reporting industry seek out struggling consumers to sell them plans that can leave them with high fees, damaged credit and a tax bill....
02:34, 08/11/2019

EMS survey highlights FX traders’ platform predicament A reluctance to dispense with legacy technology, combined with heightened regulatory oversight and changing liquidity provision from banks, has seriously complicated the execution management system (EMS) selection process for FX traders....
23:34, 08/10/2019

Stocks Cap a Turbulent Week The S&P 500 inched down, capping a tumultuous week where investors ricocheted between risky and safe assets as they reacted to the trade war and emerging currency fight between Washington and Beijing....
22:00, 08/09/2019

Fall in Copper Prices Threatens to Drive Metal Shortages The recent slide in copper prices threatens to limit investment in new mines, which could lead in coming years to sizable shortages of the material critical to manufacturing and renewable-energy projects....
21:00, 08/09/2019

Chip Makers Can Muddle Through Asia Trade Spat Life just got a fraction tidier for chip makers.Trade relations between Japan and South Korea, two key countries for the industry, may be less messy than feared....
21:00, 08/09/2019

New Fed Rate Pulls Ahead in Race to Replace Libor Signs are appearing that a reference rate created by the Federal Reserve Bank of New York is gaining traction as the leading replacement for the discredited Libor rate....
21:00, 08/09/2019

Italian Banks, Long a Drag on Europe, Are Making Good on Bad Loans Italian banks have made a big leap forward in tackling a crucial problem that has dogged them for years and threatened the stability of the whole eurozone: bad loans....
21:00, 08/09/2019

Green Dot Tumbles as Competitors Close In Shares in the bank known for issuing prepaid debit cards fell after it scaled back its revenue and profit outlook, citing competition from financial-tech startups that offer checking and savings accounts....
21:00, 08/09/2019

Uber Is Latest Firm to Flounder Post-IPO Many of the most anticipated technology IPOs in the past decade have disappointed investors after reporting their first quarterly results as public companies....
21:00, 08/09/2019

British Pound Hits Multiyear Lows as Brexit Deals Blow to Economy The British pound took a hit Friday, touching multiyear lows against the dollar and euro as the economy showed signs of being hampered by the U.K.’s political standoff with Europe....
21:00, 08/09/2019

Malaysia Charges Goldman Executives Over 1MDB Scandal Malaysia filed criminal charges against 17 current and former Goldman Sachs executives over their handling of the multibillion-dollar financial scandal at 1MDB, the country’s state fund....
21:00, 08/09/2019

Saudi Plans for Biggest-Ever IPO Are Back On Saudi Arabia’s state oil company is revving up plans for an IPO and accelerating the timeline for what would be the world’s biggest listing to as soon as early 2020. The offering by Saudi Aramco was all but shelved last year....
21:00, 08/09/2019

Stocks Fall as Trump Says China Meeting Might Not Happen U.S. stocks fell after President Trump raised the possibility that a meeting with China on trade might be canceled, capping a tumultuous week driven by the trade war and emerging currency fight with Beijing....
21:00, 08/09/2019

Tencent Deal Music to Vivendi's Ears---for Now A potential deal to sell a stake in Universal Music Group to Tencent is better for the Paris-listed conglomerate’s paper valuation than its cash returns....
09:00, 08/07/2019

GreenSky Is Latest Online Lender to Tumble Shares of online lender GreenSky slide after it says it is exploring a range of strategic alternatives, a humbling turn for a high-growth financial-tech company that made a splashy debut on public markets just over a year ago....
09:00, 08/07/2019

Market Turmoil Pushes Japanese Bond Yield Below Preferred Range The yield on Japan’s benchmark government bond edged out of the Bank of Japan’s preferred range for the first time, putting the central bank’s unconventional policy of trying to control yields to the test....
09:00, 08/07/2019

Fertilizer StocksWilt Amid Trade Tensions Shares of farm-supply companies came under further pressure following disappointing quarterly results from fertilizer maker Mosaic Co. amid an escalation in the U.S.-China trade fight....
09:00, 08/07/2019

Global Oil Prices Slide Into Bear Market Brent crude has fallen more than 20% from an April high amid fresh concerns that the U.S.-China trade war will hurt the global economy and curb fuel consumption....
09:00, 08/07/2019

U.S. Stocks Regain Ground, Yuan Stabilizes U.S. stocks recouped some of their losses Tuesday after China backed off from a further escalation in the country’s trade and currency dispute with Washington....
09:00, 08/07/2019

China Keeps Official Yuan Rate Just Stronger Than 7 Per Dollar China set a daily anchor for trading in its currency at the weakest since 2008 but again avoided moving that official rate beyond the symbolic 7-yuan-per-dollar level....
09:00, 08/07/2019

Welcome to Turnaround Tuesday “Turnaround Tuesday,” when stocks rebound from Monday selloffs sparked by bad news over the weekend, is a part of market folklore. But the phenomenon is backed by unusually strong evidence....
16:00, 08/06/2019

How China, Branded a Currency Manipulator, Steers the Yuan The U.S. Treasury has labeled China a currency manipulator. This escalation in the U.S.-China trade war has rattled global markets, and investors are wondering how much further Beijing will let the yuan fall. Here’s a look at how China’s hybrid finan...
16:00, 08/06/2019

Japanese Banks Are Circling the Drain Banking in a country where almost nobody defaults sounds easy. For Japan’s lenders, it is anything but. After almost three decades of near-zero, zero, and now negative interest rate policies, Tokyo has pushed its banking system to its limit....
16:00, 08/06/2019

The Fall of Barneys Burns a Hedge-Fund Star Some billionaire hedge-fund managers buy sports teams. Richard Perry snapped up Barneys, one of New York’s most influential luxury department-store chains, but couldn’t save it from industrywide pressures....
16:00, 08/06/2019

China Puts Soothing Spin on Currency Move Chinese media played down Beijing’s abandonment of a former red-line in currency policy as they sought to reassure the country’s millions of small investors....
16:00, 08/06/2019

Pension Funds Fell Short in 2019 Public pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits to retired workers....
16:00, 08/06/2019

Trump May Get an Earful From the Heartland Industrial, agricultural, energy and transportation companies are all suffering as a result of the China trade dispute, which hits President Trump’s important base of voters....
16:00, 08/06/2019

U.S. Stocks Open Higher, Yuan Stabilizes U.S. stock indexes opened higher, recouping some of their losses after China’s central bank signaled it wouldn’t let the yuan fall much further, steadying a stock market that had been reeling from escalating trade tensions....
16:00, 08/06/2019

Barneys Files for Bankruptcy, Plans to Close Most Stores The luxury retailer filed for bankruptcy protection and reached an agreement for a financing package to give the luxury retailer time to find a buyer, as the company plans to close several stores....
09:00, 08/06/2019

Stocks to Watch: Tyson, Cars.com, Diamond Offshore and Prudential Tyson, Cars.com, Prudential Financial, and Diamond Offshore Drilling are some of the companies with shares expected to trade actively in Monday’s session....
02:00, 08/06/2019

Luxury Investors Get a Wake-Up Call From China A weaker yuan is a direct threat to the growth hopes of Europe’s top luxury brands. It will force investors to take the sector’s over-dependence on China more seriously....
02:00, 08/06/2019

An Outside Hedge Fund Is Driving Steve Cohen's Gains Billionaire Steve Cohen’s hedge fund is up about 10% this year. But a significant part of that return has come from a money manager who doesn’t work at Mr. Cohen’s fund....
02:00, 08/06/2019

CFRA Agrees to Buy ETF Data Provider First Bridge CFRA said the acquisition of First Bridge will allow the company to base its research on more in-house data instead of relying on third-party data providers....
02:00, 08/06/2019

Fear a Weak Yuan, but No Repeat of the Last China Crisis It’s rare that anything labeled as a psychologically important level in markets actually matters. But seven yuan to the dollar—breached on Monday—really does....
02:00, 08/06/2019

Trade Tensions Whipsaw Hog Prices Global trade tensions weighed on trader expectations that China will continue to rely on U.S. pork exports, leading to a volatile session in hog futures....
02:00, 08/06/2019

Tyson Foods, Gold Miners and Gun Makers Defy Market Downturn What do chicken breasts, gold, plywood and guns have in common? Companies that produce them gained on Monday, even as the broader stock market had its worst day of the year....
02:00, 08/06/2019

Dow Falls Sharply as Yuan Reels and Trump Jabs at China Waves of selling battered stock indexes from New York to Shanghai on Monday as fresh trade threats between Beijing and Washington raised fears of an economic slowdown....
02:00, 08/06/2019

Fed to Create Payments System to Speed Money Transfers The Federal Reserve plans to develop a faster payments system for banks to exchange money, providing a public option to another real-time network built by big banks....
02:00, 08/06/2019

China's Yuan Breaches 7-to-the-Dollar Level, Prompting Trump Critique China’s currency broke through the psychologically important level of 7 yuan to the dollar, prompting President Trump to accuse Beijing of manipulating its currency in a way that would backfire....
02:00, 08/06/2019

China's Yuan Breaches 7-to-the-Dollar Level, Hits Record Offshore Low China’s currency slid through the psychologically important threshold days after President Trump threatened to broaden U.S. tariffs to cover essentially all Chinese imports....
13:00, 08/05/2019

Stocks Drop as Trade Battle Intensifies U.S. futures and global stocks started the week with sharp declines and the yuan depreciated to a new low as President Trump’s threat to impose more tariffs on Chinese goods continued to rattle investors....
13:00, 08/05/2019

Data Boom Fuels LSE's Deal With Refinitiv London Stock Exchange Group’s $14.5 billion bet on financial-information provider Refinitiv shows the growing value of a once-boring business: selling market data....
04:34, 08/05/2019

The Problem With Inflation: It Often Doesn't Exist For more than a decade, the world’s central banks have scrambled to bring inflation up to their targets—usually 2%. The problem is that inflation is often a meaningless concept....
04:34, 08/05/2019

Growth Fears Push Investors to Renew Bets on Rate Cuts Following the worst week for stocks of 2019, investors are adding to bets that the Federal Reserve will continue lowering interest rates to stabilize the economy....
04:34, 08/05/2019

Vegans May Soon Have an ETF The ETF will seek to avoid companies whose activities directly contribute to animal suffering or environmental destruction. Some analysts are skeptical....
04:34, 08/05/2019

The Capital One Hack: Life in the Time of Breach Fatigue With so many data breaches happening at both financial and consumers companies, many are becoming apathetic. What should consumers do when they’re feeling breach fatigue?...
15:34, 08/03/2019

Berkshire Posts Rising Profit and Cash Pile Warren Buffett’s Berkshire Hathaway said second-quarter earnings rose due to unrealized investment gains, while the company’s cash pile grew to a record $122 billion....
15:34, 08/03/2019

Capital One Hack Puts Low-Profile CEO in Spotlight Capital One is under scrutiny after a hacker exposed the personal information of some 106 million people, raising questions about the technology CEO Richard Fairbank has promoted....
15:34, 08/03/2019

Inside the Capital One Hack Capital One has prided itself on being a tech-forward bank. But earlier this year, the bank got hacked, and 106 million people had their information stolen. AnnaMaria Andriotis and Liz Hoffman talk about what happened and what it means for financial ...
09:00, 08/03/2019

Where Did This 'Bull Market' Come From, Anyway? Everyone talks about bull markets, especially the current one, often called the longest in history. But nobody seems to agree on an exact definition or where the term came from....
22:34, 08/02/2019

Endeavor Group Postpones IPO Until September at Earliest Endeavor Group is delaying its initial public offering until September, at the earliest, as the parent company of Hollywood’s biggest talent agency works to finalize an acquisition....
22:34, 08/02/2019

Are Dating Apps All Hot or Not? Dating apps lead our digital lives, but they don’t always lead to love at first swipe. Many users air their grievances about various dating platforms on social media, hoping for empathy or even a date....
22:34, 08/02/2019

Stocks Suffer Worst Week in Months on Trade Threats An escalation in trade tensions sent major stock indexes around the world tumbling, while the yield on the 10-year Treasury note touched its lowest level since the 2016 presidential election....
22:34, 08/02/2019

Treasury Yields Fall to Lowest Since Before 2016 Vote U.S. government bond yields fell to their lowest levels since before the 2016 presidential election, completing a remarkable arc tracking the rise and fall of investors’ economic optimism....
22:34, 08/02/2019

Germany's Longest Bond Goes Negative for First Time Investors face having to pay to lend to the German government at every single maturity after yields on the country’s longest-term bond dipped into negative territory....
17:00, 08/02/2019

Stocks to Watch: Square, Exxon Mobil, Consolidated Edison, U.S. Steel, Motorola Solutions Some of the companies with shares expected to trade actively in Friday’s session include Square, EOG, Consolidated Edison, U.S. Steel and Motorola Solutions....
17:00, 08/02/2019

Legacy Airlines Are Proving They Can Catch Up The rise of budget airlines has been the aviation story of the 21st century. But legacy airlines are proving they can fight back. It is a shame investors don’t quite believe them....
17:00, 08/02/2019

Stocks Fall as Tariff Threats Outweigh Jobs Numbers U.S. stocks fell, as investors overlooked an in-line jobs report and focused on earlier threats by President Trump to extend tariffs to essentially all Chinese imports....
17:00, 08/02/2019

Wells Fargo to Tech Vendors: Please Send Us a Check Wells Fargo, forced to cut costs due to flagging revenue growth and regulatory problems, recently asked outside technology consultants to refund some of the money the bank has spent with them....
17:00, 08/02/2019

U.S. Government Bond Yields Hover Near Multiyear Lows U.S. government bonds showed tentative signs of steadying Friday after a solid jobs report helped slow a rally that had pushed yields to their lowest levels since before the 2016 presidential election....
17:00, 08/02/2019

Treasury Yield Hits Lowest Level Since 2016 Vote The yield on the 10-year U.S. Treasury note recorded its largest one-day decline in more than a year after President Trump announced new tariffs on Chinese imports....
15:00, 08/02/2019

Bank Stocks Decline After Trump's New Tariff Threat Bank stocks fell sharply after President Trump’s latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook for economic growth....
15:00, 08/02/2019

Treasury to Sell $162 Billion in Debt The U.S. Treasury Department will auction next week $162 billion in securities, comprising $123 billion in new debt and $39 billion in previously sold debt....
15:00, 08/02/2019

Former Brixmor Property Executives Charged With Accounting Fraud The former chief executive officer of shopping-center owner Brixmor Property Group Inc. and his finance chief were charged with accounting fraud for allegedly manipulating a widely used metric of profitability....
15:00, 08/02/2019

Stocks, Bond Yields, Oil Fall on New China Tariffs The Dow Jones Industrial Average erased a more-than-300-point rebound and oil posted its worst day since 2015 after President Trump said the U.S. will impose additional tariffs on China next month....
15:00, 08/02/2019

Expected Surge in Oil Supply and Tariffs Add to Glut Concern Growth in oil supply is expected to accelerate next year as production increases. The U.S. benchmark for crude fell the most in four years as President Trump threatened new tariffs, before partly recovering....
15:00, 08/02/2019

Trump, China and the Fed President Trump’s latest round of tariffs is unlikely to egg China into major concessions—but it could have big implications for interest rates and currency markets....
15:00, 08/02/2019

China's Power to Boost Global Economy Is Fading Whenever global growth faltered in the past, Beijing splurged on roads, airports and housing developments that fueled companies and their employees across the globe. But this economic elixir is losing its force....
15:00, 08/02/2019

Chinese Yuan Skids to 2019 Low as Trump Ramps Up Trade Conflict China’s yuan slid to its weakest level of the year, nearing the symbolic level of 7 per dollar, after President Trump threatened to impose more tariffs on Chinese imports....
15:00, 08/02/2019

Stocks to Watch: Square, EOG, Consolidated Edison, U.S. Steel, Motorola Solutions Some of the companies with shares expected to trade actively in Friday’s session include Square, EOG, Consolidated Edison, U.S. Steel and Motorola Solutions....
15:00, 08/02/2019

Chinese Auditors Are on the Hook After Clients Are Caught Cooking the Books An accounting scandal has disrupted dozens of initial public offerings and other fundraising plans in China, intensifying investor concerns about the amount of trust they can place in audited financial results in the country....
15:00, 08/02/2019

Stock Futures Hold Losses After Jobs Report as Tariff Threats Weigh U.S. stock futures maintained their losses after in-line employment figures for July did little to buoy markets roiled by threats to extend tariffs to essentially all Chinese imports....
15:00, 08/02/2019

Meredith Vieira on What Motivates Her to Keep Working Working as a woman in television hasn’t always been easy, Meredith Vieira tells Veronica Dagher in WSJ’s “Secrets of Wealthy Women” podcast, but she has persevered thanks to her love of storytelling and values instilled by her father....
15:00, 08/02/2019

Stocks Fall as Powell Signals Patience on Rate Cuts Major U.S. stock indexes slid after the Federal Reserve showed caution on future interest-rate cuts shortly after the central bank eased rates for the first time in a decade....
08:00, 08/01/2019

MetLife, Prudential Report Big Profit Gains The nation’s two biggest life insurers posted sharply higher second-quarter net income. MetLife benefited from improved investment results. A net charge of $1.23 billion had depressed Prudential’s year-earlier results....
08:00, 08/01/2019

FBI Examining Possible Data Breaches Related to Capital One The Federal Bureau of Investigation is examining whether the hacker charged with stealing data on millions of Capital One customers from an Amazon cloud service successfully hit other targets....
08:00, 08/01/2019

Social Security Scams Add to Capital One Hack Concern The FTC has so far this year received nearly 73,000 consumer complaints involving Social Security Administration impostors, with reported consumer losses of $16.94 million....
22:34, 07/31/2019

Apollo Global's Leon Black Addresses Epstein Relationship Apollo Global Management CEO Leon Black said he had previously used the services of financier Jeffrey Epstein, but that he doesn’t think the association with the jailed financier is impacting Apollo’s relationship with investors....
22:34, 07/31/2019

Apple Flirts With $1 Trillion Valuation Again The tech giant’s shares were up 4.3% at about midday Wednesday after a better-than-expected earnings report, putting it on track to be worth more than $1 trillion again....
22:34, 07/31/2019

UniCredit Investigating Data Breach Possibly Related to Capital One Italian bank UniCredit is investigating the possibility of a data breach that the lender believes could be related to a similar hacking incident at Capital One....
22:34, 07/31/2019

As Federal Reserve Cuts Rates, Some See Path to Higher Yields A reduction by the central bank could actually lead to higher long-term Treasury yields if such a cut helps spur inflation—or at least the fear of inflation among investors....
22:34, 07/31/2019

Stocks Fall as Powell Signals Caution on Future Rate Cuts Major U.S. stock indexes’ losses steepened after the Federal Reserve said it would cut interest rates for the first time in a decade, as hopes for further rate cuts were dampened....
22:34, 07/31/2019

Macaskill on markets: Deutsche’s Autobahn escape ramp Questions about Deutsche Bank's restructuring multiply with each tactical shift, increasing the premium placed on any areas of real success – such as its Autobahn platform....
18:00, 07/31/2019

Chinese Property Developers Face Off Against the Communist Party The Chinese Politburo doesn’t want further stimulus to reach the frothy property sector, putting the country’s highly-leveraged developers under threat....
17:34, 07/31/2019

Capital One Hack Hits the Reputation of a Tech-Savvy Bank Capital One has been known as a bank that plowed into new technology. But a recent hack could shift the lender’s approach from advantage to liability....
17:34, 07/31/2019

Investors Shrug Off China's Slump, Count On Consumers to Spend, Spend, Spend Chinese alcohol, sportswear, travel and home-appliance stocks have scaled record highs, reflecting rising confidence about the outlook for consumer spending in the world’s second-biggest economy....
17:34, 07/31/2019

Carlyle to Abandon Partnership Structure and Dual-Class Shares Carlyle Group said it would abandon its partnership structure and become a corporation with a single class of shares, going a step further than private-equity peers that have already converted....
17:34, 07/31/2019

Credit Suisse's Revamp Powers Profit Swiss lender Credit Suisse’s profit growth accelerated in the second quarter, bolstered by its global markets businesses and domestic operations despite a challenging environment for Europe’s banks....
17:34, 07/31/2019

Protests Take a Toll on Hong Kong's Economy A worsening spiral of violence and demonstrations—Hong Kong’s worst social and political crisis since it returned to Chinese rule in 1997—is denting the city’s economic growth, business sentiment and financial markets....
17:34, 07/31/2019

Japan Post Insurance Apologizes After It 'Betrayed' Customers Japan Post, which runs a bank, a life-insurance company and a unit that delivers the mail in Japan, said it may have victimized more than 100,000 customers by selling them disadvantageous products....
17:34, 07/31/2019

As Fed Prepares to Cut Rates, Some See Path to Higher Yields A reduction by the central bank could actually lead to higher long-term Treasury yields if such a cut helps spur inflation—or at least the fear of inflation among investors....
17:34, 07/31/2019

Ray-Ban's Owner Gets Relief From Double Vision It is a good sign that Ray-Ban’s feuding bosses have agreed to buy a smaller rival. But investors won’t be fully reassured that eyewear giant EssilorLuxottica’s double vision problems are fixed until after the summer vacation....
17:34, 07/31/2019

Stocks to Watch: Humana, Baker Hughes, Apple and More Some of the companies with shares expected to trade actively in Wednesday’s session include Apple, which exceeded quarterly sales and profit targets, and Humana, which posted higher profit....
17:34, 07/31/2019

Investors Find Ways to Play a Fed Rate Cut The expected Federal Reserve rate cut is prompting investors and financial advisers to reposition portfolios, including buying stocks, in order to yield more income....
17:34, 07/31/2019

Ray-Ban Maker Strikes $6.1 Billion Deal for European Rival EssilorLuxottica agreed to buy control of European rival GrandVision for about $6.1 billion, in a move that would further cement the Ray-Ban maker’s global position as the leading manufacturer and retailer of eyewear and lenses....
17:34, 07/31/2019

U.S. Government Bonds Strengthen Ahead of Fed Decision U.S. Treasury prices edged higher Wednesday after new data pointed to a slowdown in Midwest business activity while traders awaited the conclusion of the Federal Reserve’s two-day policy meeting....
17:34, 07/31/2019

Stocks Inch Up Ahead of Fed Decision U.S. stocks edged higher ahead of a Federal Reserve policy decision Wednesday, when the central bank is expected to cut interest rates for the first time in a decade....
17:34, 07/31/2019

Euromoney FX: 40 and fabulous While Euromoney turns 50 this year, our first big survey was launched 40 years ago – and to this day, the FX survey remains the benchmark for the foreign exchange industry. We look back on four decades of data to analyze how the market and the compet...
15:34, 07/31/2019

Has Brazil opened a window, or door to opportunity? Success for pensions reform in the Congress – the long-held litmus test of Brazilian recovery – has buoyed asset prices and led to a flurry of activity....
12:00, 07/31/2019

Judge Dismisses DNC Suit Against Russia, Trump Campaign A federal judge dismissed a lawsuit by the Democratic National Committee against Russia, the Trump campaign, WikiLeaks and others, ruling that allegations of a conspiracy to interfere in the 2016 election were “moot or without merit.”...
10:34, 07/31/2019

Global Stocks Slip Ahead of Fed Decision European stocks edged down after deeper losses in Asia, ahead of a Federal Reserve policy decision Wednesday when the central bank is expected to cut interest rates....
10:34, 07/31/2019

Board Steps Up Its Scrutiny of Financial Planners The Certified Financial Planner Board of Standards is upgrading its scrutiny of financial planners and appointing a task force to review its enforcement and disclosure procedures....
06:34, 07/31/2019

Brazilian banks carry on regardless The rapid fall in interest rates in Brazil, from a peak of 14.25% in 2016 to 6.5% in February 2018, created expectations among analysts that the biggest banks’ famously high net interest margin was finally about to be eroded....
21:34, 07/30/2019

Copper Slides as Trade Hopes Recede Copper prices slid again Tuesday after President Trump increased pressure on China in a series of tweets, a potential setback for investors hoping that the world’s two largest economies can quickly reach a trade agreement....
20:34, 07/30/2019

The Capital One Breach: What It Means for You A hacker accessed personal information of over 100 million Capital One credit-card customers and applicants. Here’s what you need to know to protect your information....
20:34, 07/30/2019

Facebook's Libra Could Aid Law Enforcement, Company Says Facebook executive David Marcus told Congress this month that the proposed cryptocurrency could be a valuable tool, partly because of the vast amounts of information that will be generated about its users....
16:00, 07/30/2019

Pound Pushed Toward Historic Low as Investors Worry Over Brexit The British pound slipped closer to its lowest sustained level against the dollar in more than 34 years on rising investor fears of economic disruption if the U.K. quits the European Union without a deal to smooth its exit....
16:00, 07/30/2019

How China Cuts Rates Without Cutting Rates Will the People’s Bank of China follow the Federal Reserve and cut interest rates on Wednesday? Actually, it has found a stealthy way to do that already....
14:34, 07/30/2019

U.S. Futures Tick Down After European Stocks Slip U.S. futures and European stocks largely fell after a set of weak corporate results, while the British pound continued to drop as Brexit fears took center stage....
14:34, 07/30/2019

Private-Equity Firm Abraaj Is Fined a Record $315 Million Dubai’s financial regulator imposed its largest-ever penalty on collapsed private-equity firm Abraaj Group for deceiving investors and carrying out unauthorized activities....
13:00, 07/30/2019

Facebook's Libra Could Aid Law Enforcement Facebook executive David Marcus told Congress this month that the proposed cryptocurrency could be a valuable tool, partly because of the vast amounts of information that will be generated about its users....
13:00, 07/30/2019

Russia-Linked Buyout Firm Violates Deal to Sell Stake A U.S. national-security panel is threatening to fine Russian-oligarch-backed Pamplona Capital Management for missing a deadline for selling its stake in a cybersecurity company....
13:00, 07/30/2019

Looking for a Financial Planner? The Go-To Website Often Omits Red Flags The Certified Financial Planner Board of Standards, which runs LetsMakeAPlan.org, doesn’t inform website users about thousands of planners with customer complaints, regulatory skirmishes and other problems, including some bankruptcy filings....
09:34, 07/30/2019

S&P 500 Ticks Lower as Expected Fed Rate Cut Looms The S&P 500 inched lower as investors looked ahead to a key Federal Reserve meeting that many anticipate will result in the first interest-rate cut since 2008....
09:34, 07/30/2019

Bank of America, First Data End Payments Partnership Bank of America is disbanding its payment-processing joint venture with First Data, giving the bank more control of its business that focuses on moving money for merchants....
09:34, 07/30/2019

Refinancing Boom Boosts Mortgage Lending Lenders made $565 billion of mortgage loans in the second quarter, the most in more than two years. Falling rates encouraged homeowners to refinance....
22:00, 07/29/2019

Just Eat Can Wait for a More Satisfying Meal Britain’s food-delivery service Just Eat shared details of a possible $6 billion bid from Dutch rival Takeaway.com, but the deal could be more generous....
22:00, 07/29/2019

London Stock Exchange's Big Bet Is Profitable but Risky For now, investors are more focused on the profit potential of the LSE’s $15 billion acquisition of Refinitiv than on the financial and operational hurdles....
22:00, 07/29/2019

Pound Falls Against Dollar Amid Brexit Fears Rising fears about a no-deal Brexit pushed the British pound further downward, reflecting a shift in tone from the U.K. government under new Prime Minister Boris Johnson....
22:00, 07/29/2019

U.S. Stocks Could Be Headed for a Fall Four recent stock swoons have something in common: Almost exactly two months after the declines, stocks plummeted again. A drop in the S&P 500 started at the end of April and hit bottom in early June. Two months from that trough is early August....
22:00, 07/29/2019

Rig Owners Forecast Further Drilling Decline Drilling rig owners and others who lease equipment to U.S. energy producers are forecasting a slowdown in activity during the second half of the year....
22:00, 07/29/2019

Swiss Central Bank Fires Warning Shot on Currency The Swiss central bank appears to have taken its most significant steps to weaken the Swiss franc in two years as looming rate cuts abroad strengthened the currency....
22:00, 07/29/2019

Strong Earnings Allay Fears Over Trade and Growth---for Now Corporate profits are proving to be more resilient than expected in the second quarter, nudging the stock market higher this month and distracting from anxieties about trade and economic growth....
16:34, 07/29/2019

Grubhub's Stock May Be Too Hard to Digest It shouldn’t be surprising that there is a food fight in the stock market over Grubhub. While the online food-delivery market continues to grow impressively, so does competition. Investors largely seem confident that food apps will continue to race a...
16:34, 07/29/2019

More Exchanges Add 'Speed Bumps,' Defying High-Frequency Traders High-frequency trading firms are hitting a growing number of “speed bumps,” mechanisms that impose a split-second delay before executing trades. Critics say the delays make markets unnecessarily complex and unfairly favor certain players....
16:34, 07/29/2019

Struggling Chinese Bank Gets Lifeline From State-Backed Investors Three of China’s state-backed financial institutions are to take stakes in a struggling commercial bank, indicating a different approach by regulators toward the country’s small troubled lenders....
16:34, 07/29/2019

Boat Stocks Battered Amid Foul Weather and Uncertain Economy Makers of power boats and other marine equipment have struggled in the past several months, underperforming the S&P 500. Rainy weather and a pullback in discretionary spending could be crimping demand....
15:34, 07/28/2019

Chinese High-Yield Debt Is a Rare Bright Spot for Bond Investors Bond yields around the world have fallen so much that global investors are shifting their attention to Chinese junk bonds, which can reward those with an appetite for risk....
15:34, 07/28/2019

Global Bond Rally Leaves U.S. Yields on Top Signs of slowing growth have pushed central banks around the world to lower rates or prepare other monetary stimulus, contributing to a widening gap between the yields on U.S. government bonds and other sovereign debt....
15:34, 07/28/2019

Nasdaq, S&P 500 Hit Records The Nasdaq Composite and the S&P 500 hit record highs as strong earnings and healthy growth in gross domestic product buoyed stocks across the board....
04:17, 07/28/2019

London Stock Exchange Eyes $15 Billion Bet for Refinitiv The London Stock Exchange is in talks to buy financial-information business Refinitiv for almost $15 billion, in a deal that would help the exchange operator expand its business as a data provider....
01:17, 07/28/2019

Consumer-Focused Companies Soar Toward New Highs One of the hottest stock-trading strategies lately is buying shares of stable consumer companies, a sign that investors are hedging their bets by picking up shares of firms they believe will provide returns in a struggling economy....
21:34, 07/26/2019

Japanese Online Retailer Seeks U.S. Bank Charter Japanese online merchant Rakuten Inc. wants to open a bank in Utah to offer loans, credit cards and other financial services to customers of its existing U.S. cashback-shopping business....
21:34, 07/26/2019

What You Gain---and Lose---When You Lock Money Up for the Long Run A money manager is proposing what he calls the Forever Fund. Investors would commit to lock their money up for 10 years at the very least. How good an idea is that?...
21:34, 07/26/2019

The Natural Gas Market Is in a Summer Meltdown Natural-gas futures for August delivery traded down 3% to $2.15 per million British thermal units. That is a fresh three-year low and the lowest July price since 1999....
21:34, 07/26/2019

Radical Transparency for Small Hedge Fund That Lost Big Equinox Energy Fund, a small hedge fund that lost 85% of its clients’ money, told investors it was closing with brutal honesty: “We wish to express our deep regret for having launched this fund in January of 2015.”...
21:34, 07/26/2019

Google Just Added Goldman Sachs's Worth of Market Cap In a matter of hours, Google parent Alphabet added roughly $82 billion in market value—an amount higher than the values of all but 68 other companies in the S&P 500....
21:34, 07/26/2019

FX: Different testing no guarantee of better outcomes While the ability to run simulations based on hypothetical future as well as historic data is appealing, there is no guarantee that testing algos against both types would make them operate more efficiently in stressed market environments....
20:17, 07/26/2019

SquareBook aims to fix the IPO process A new bookbuilding platform is at the heart of an attempt to unbundle a process that some feel is no longer able to serve growth companies in need of capital....
17:17, 07/26/2019

Santander's Tussle With Jilted CEO Hire Intensifies A disagreement between Banco Santander’s executive chairman Ana Botín and high-profile investment banker Andrea Orcel over the bank’s U-turn on his appointment as its chief executive is escalating as it reaches court, with each side accusing the othe...
15:34, 07/26/2019

Lori Sokol on Defying Other People's Limits Lori Sokol is the executive director of Women's eNews, a nonprofit digital news service. A psychologist and activist, she tells The Wall Street Journal's Veronica Dagher about her struggle to make a difference amid constant battles of inequality....
15:34, 07/26/2019

Steady GDP Report Could Alter Bets on Several Rate Cuts Friday’s report on second-quarter economic activity could challenge investor projections for several rate cuts this year, a potential hurdle for the market rally....
15:34, 07/26/2019

Schwab to Buy USAA Investment Company Assets Charles Schwab said it would acquire assets of USAA’s investment management company for $1.8 billion. The firm is moving further into wealth management as it expands beyond its roots as a discount broker....
02:51, 07/26/2019

CFPB Announces $60 Million Fine Against Debt Collectors —The Consumer Financial Protection Bureau banned two debt collectors and fined them more than $60 million, extending a crackdown on abusive practices in a heavily scrutinized segment of the financial industry....
02:51, 07/26/2019

Government Bond Yields Rise After ECB Meeting Government bond yields in the U.S. and Europe rose Thursday after European Central Bank President Mario Draghi downplayed the risk of recession in the eurozone. The yield on the benchmark 10-year U.S. Treasury note settled at 2.078%, compared with 2....
00:17, 07/26/2019

CFPB Takes Aim at 'Mortgage Patch' That Enables High-Debt Borrowing The Trump administration plans to eliminate a regulatory loophole that put the government on the hook for an additional $260 billion of mortgages last year, a move that could limit the availability of credit for home loans....
00:17, 07/26/2019

KKR's Earnings Fall; Assets Rise KKR’s earnings declined in the second quarter, but the portion of earnings that could be returned to shareholders exceeded Wall Street’s expectations....
19:51, 07/25/2019

Euro and Government Bond Yields Rise After ECB Meeting Government bond yields in the U.S. and Europe rose, while the euro climbed against the dollar after European Central Bank President Mario Draghi downplayed the risk of recession in the eurozone....
19:51, 07/25/2019

Markets Hope ECB Easing Package Could Be a Big One Investors are betting a change in Mario Draghi’s language on inflation could indicate an aggressive set of measures to boost the economy are coming in September....
19:51, 07/25/2019

Two Health-Tech Companies Join IPO Parade With Strong Debuts Livongo and Health Catalyst, two rare health-technology firms joining the march of billion-dollar companies into the public markets, jumped in their trading debuts Thursday....
18:00, 07/25/2019

Plan to Save Truckers' and Miners' Pensions Is Running Out of Time U.S. senators are gearing up for a battle over how to fix the pensions of about 1.3 million retirees and workers in trucking, mining and other industries....
17:17, 07/25/2019

Household Brands Get a Brief Taste of Their Heyday Emerging markets have been an important source of growth to global consumer giants for some time. For certain names, though, sales in these regions are growing at rates not seen for up to six years....
17:17, 07/25/2019

U.S. Stocks Fall After ECB Signals a Cut U.S. stocks fell after the European Central Bank hinted it is preparing to cut key interest rates for the first time since early 2016, a sign that the global-easing cycle is gaining momentum....
17:17, 07/25/2019

Reversal in Oil Stockpiles Helps Support Crude Prices A slide in U.S. crude-oil stockpiles is adding to evidence that domestic supply growth could slow moving forward, an encouraging sign for bullish investors with prices still stuck in a tight range....
17:17, 07/25/2019

Louis Vuitton's Owner Is a Well-Rounded Traveler Investors are focused on whether demand for designer goods will hold up in Asia. But the world’s biggest luxury company looks surprisingly robust in every region....
04:34, 07/25/2019

Bill Ackman's Playbook Works Against Him Investors are upset about the activist’s London-listed fund’s decision to issue bonds—and in classic form are dragging his performance through the mud....
22:17, 07/24/2019

Silver Finally Gets Investor Love Investors are taking a shine to silver, as a soaring rally in gold puts the spotlight on the less expensive precious metal. Silver is on track for its best monthly performance since December....
20:34, 07/24/2019

The Municipal-Bond Market Is Now Controlled by Just a Few Firms A few behemoths are increasingly dominating the municipal market, helping to lower prices for investors but sparking worries about concentration and influence....
19:34, 07/24/2019

Crypto Promoter Makes Speedy Recovery After Being Too Ill to Meet Buffett The abrupt postponement of the lunch between Warren Buffett and Justin Sun, a Chinese citizen who paid $4.6 million in a charity auction for the opportunity, sparked speculation on Chinese social media about the reasons for the crypto entrepreneur’s ...
19:34, 07/24/2019

Investors Wonder if the ECB Can Do Enough to Make a Difference The ECB has convinced financial markets that it will act. The question is, among its grab bag of possible moves, will it do more than investors expect?...
19:34, 07/24/2019

Mercedes Maker Needs to Unload Freightliner While Mercedes-Benz cars lost money for Daimler in the second quarter, the German automotive conglomerate’s truck division fired on all cylinders. The case for a split of these two world-class businesses has never seemed stronger....
19:34, 07/24/2019

Stocks to Watch: UPS, Caterpillar, Sprint, Chipotle, and More United Parcel Service, Caterpillar, Tupperware Brands, Snap, Visa, and Chipotle are some of the companies with shares expected to trade actively on Wednesday....
19:34, 07/24/2019

Stocks Waver on Mixed Earnings Reports The Dow Jones Industrial Average slipped after lackluster earnings from Caterpillar and Boeing pulled the blue-chip index lower. The S&P 500 and Nasdaq, meanwhile, bounced around the flat line....
19:34, 07/24/2019

Deutsche Bank's Second-Quarter Charge Is Bigger Than Expected Deutsche Bank reported a loss of more than $3.5 billion in the second quarter, reflecting the pain of a large restructuring charge that wiped out what would have been a modest profit....
08:51, 07/24/2019

Equifax's $700 Million Settlement: How to Get Your Share Equifax Inc.’s $700 million settlement with federal and state regulators and with plaintiffs in a class-action lawsuit provides for up to $425 million for the 147 million Americans affected by the breach. Here’s how to get your share....
00:51, 07/24/2019

USDA Report Sees Dire Climate-Change Impact on U.S. Crops Unchecked climate change could mean that the weather conditions hurting farmers this year will become increasingly common and result higher costs for the federal government, according to a U.S. Department of Agriculture report....
00:51, 07/24/2019

American Express To Refund $1.6 Million After Forex Probe American Express is terminating foreign-exchange employees and refunding money to nearly 200 customers after it found salespeople misrepresented pricing....
22:51, 07/23/2019

Visa's Results Beat Projections in Latest Quarter Visa Inc.’s financial performance in the latest period beat Wall Street projections, driven by continued higher spending on Visa-branded credit and debit cards....
22:51, 07/23/2019

Jeffrey Epstein's Financial Trail Goes Through Deutsche Bank Deutsche Bank played a key role in Jeffrey Epstein’s financial dealings in recent years, helping the accused sex-trafficker move millions of dollars in cash and securities through dozens of private accounts with the German bank, according to people f...
22:00, 07/23/2019

Bracing for a New Normal at Google Google has seen slowdowns before, but Wall Street is afraid that this one might actually stick, with shares of parent company Alphabet down 12% since its last earnings report....
18:51, 07/23/2019

Gold's Shine Spreads to Other Precious Metals Gold has recovered some of its former shine lately. Silver and platinum have been dull by comparison, but if history is any guide they are likely to regain their luster too....
18:51, 07/23/2019

When Smaller Advisers Fail, Investors Have Little Chance of Recovering Losses Smaller advisers usually don’t have enough capital or insurance to compensate customers for losses the advisers caused, even after investors received new protections from regulators last month....
18:51, 07/23/2019

Promise of Rate Cuts Lifts Range of Assets Stocks and government bonds aren’t the only assets getting a boost from an expected wave of central bank easing. The Swiss franc, gold and emerging markets are strengthening as well....
18:51, 07/23/2019

Robo Adviser Betterment Pitches for Client Cash by Offering Traditional Banking Betterment, an early provider of digital-investing services, is introducing new banking products at a time when anxiety over slowing economic growth has led some investors to reduce market exposure and stockpile cash....
18:51, 07/23/2019

UBS Posts Forecast-Beating Profit but Warns on Geopolitical Tensions Swiss banking giant UBS posted its highest second-quarter net profit in nearly a decade, beating expectations despite lower earnings at its wealth management and investment bank units....
18:51, 07/23/2019

Crypto Promoter Justin Sun Postpones Charity Lunch With Warren Buffett Cryptocurrency investor Justin Sun, who paid a record $4.6 million in a charity auction to have lunch with Warren Buffett, abruptly postponed his meeting with the billionaire investor this week citing a health condition....
18:51, 07/23/2019

Nasdaq Makes Bet on Sports Gambling Nasdaq is lending its technology and brand to a U.K. soccer-betting platform that lets users wager on players by buying and selling stakes tied to their on-field performance....
18:51, 07/23/2019

U.S. Scores Guilty Plea in Mozambique Corruption Case The U.S. Department of Justice has gained a key advantage in its prosecution of an alleged global corruption ring involving $2 billion of Mozambican government debt deals....
18:51, 07/23/2019

Options Traders Wager On Smooth Sailing For Tech Options traders are forecasting a relative calm for shares of tech behemoths like Facebook and Amazon ahead of earnings this week. Some say they could be caught off guard....
18:51, 07/23/2019

BC Partners Nears Deal to Buy Security-Services Company Garda World Private-equity firm BC Partners is nearing a deal to buy a majority stake in Garda World Security, the largest privately owned security-services company in the world....
08:00, 07/23/2019

Taiwan ETFs Buy Big Into U.S. Credit Yield-hungry insurers plowed $3 billion into Taipei-based exchange-traded funds that buy U.S. fixed income in the last two weeks of June, according to research by Bank of America Corp....
23:34, 07/22/2019

Hedging complacency adds to corporate FX risk, Citi finds Citi’s latest global corporate benchmarking survey shows that companies are worryingly complacent about their potential exposure to emerging market currencies and remain reliant on manual processes to manage risk....
18:00, 07/22/2019

U.S. Shale Producers Benefit as Oil Disruptions Plague Middle East Oil supply disruptions in hot spots around the world are putting pressure on the cost of buying and shipping crude. But the turmoil is benefiting U.S. shale producers, whose oil fields and tankers are partly filling the void....
17:51, 07/22/2019

Trade's Derailment Sends Ominous Sign The railroad business has plenty of nontrade related issues, but tariffs aren’t helping matters. Given their broad range of clients, CSX’s and Union Pacific’s challenges could portend broader U.S. corporate weakness....
17:51, 07/22/2019

BP Boosts Its Biofuels Business with Brazilian Joint Venture Energy giant BP is doubling down on biofuels with a joint venture with agricultural trader Bunge in Brazil, betting that the global movement to reduce carbon emissions will boost demand for low-carbon fuels....
17:51, 07/22/2019

Budweiser's Australian Beer Sale Leaves Little Bitterness Budweiser’s parent Anheuser-Busch has sold one of its most lucrative subsidiaries in its effort to reduce a $103 billion debt pile. But the prospect of a higher valuation for the remaining Asian business and less exposure to the volatile Aussie dolla...
17:51, 07/22/2019

Oil Prices Rise Amid Tensions in Persian Gulf Crude prices climbed as investors reacted to the latest escalation in tensions between Iran and the West, though ample global oil supply could keep crude prices in check...
17:51, 07/22/2019

Stocks Surge on China's New Nasdaq-Like Market China’s new market for homegrown technology companies opened with a bang, with stocks doubling, tripling or more than quadrupling in value on its first day....
09:34, 07/22/2019

Investors Look Forward to GDP Data Before Fed Decision Before the Federal Reserve can make its first interest-rate cut in a decade, investors will get a look at reports on new-home sales, durable-goods orders and second-quarter economic growth....
21:00, 07/21/2019

Tech Rally Powers Record Gains for Stocks The biggest technology companies are propelling major U.S. indexes’ record run, highlighting investor enthusiasm for the hottest stock sector as economic growth softens....
14:17, 07/21/2019

U.S. Investment in African University Fails as China Advances The failure of a university project in Ghana marked a high-profile setback for U.S. government efforts to counter China’s growing investment influence in Africa....
14:17, 07/21/2019

Child Sex-Abuse Claims Are a Growing Risk to Insurance Firms State laws expanding the statute of limitations for child sexual-abuse claims pose a growing financial risk to insurance companies. Seventeen states and Washington, D.C., have laws going into effect this year that extend or eliminate the amount of ti...
14:17, 07/21/2019

Even Passive Giants Aren't Immune From Investors' Changing Tastes The surging popularity of low-cost investment funds has dialed up the pressure on most asset managers—including some of the firms most responsible for the industry’s transformation....
14:51, 07/20/2019

Supply Surge Sends Overnight Rates Above 10-Year Yields The persistent supply of U.S. government debt flooding the bond market this year has done little to raise bond yields, except in the market for the shortest-term securities....
04:00, 07/20/2019

Stocks End Week Lower as Fed Signals Small Rate Cut U.S. stocks wavered in the past week, torn between mixed corporate earnings reports and shifting expectations of Federal Reserve intervention later this month....
04:00, 07/20/2019

JPMorgan Chase, Netflix, Gannett: Stocks That Defined The Week Major stock indexes ended lower this past week as investors weighed signals of an interest-rate cut and mixed earnings results from some of America’s biggest companies....
04:00, 07/20/2019

Oil Heads for Worst Week Since May Oil prices edged higher Friday but remained on track for their worst week since May, the latest turn lower for crude in 2019 as fears of excess supply buffet prices....
21:17, 07/19/2019

American Inventiveness Strikes Again With Digital Fur Technology A bit from Jerry Seinfeld mocks scientists dedicating years to the development of seedless watermelon. He would have a field day with the innovation behind the real-life movie adaptation of “Cats.”...
21:17, 07/19/2019

Persian Puzzle for Oil Prices On the one hand, the White House has to be pleased about the oil market’s mild reaction to a series of incidents this week involving Iran. On a deeper level, though, it should be concerned....
21:17, 07/19/2019

Soaring Shipping Gauge Doesn't Spell Growth Boom A closely watched index that tracks the cost of shipping commodities around the world is at its highest level since 2014. But analysts warn that the surge shouldn’t necessarily be taken as a bullish sign for the global economy....
15:34, 07/19/2019

Owl Rock's IPO Boosts Niche Market Asset manager Owl Rock’s business development company, with a valuation of about $6 billion, highlights the growth potential for private debt markets as institutional investors expand to remote corners of Wall Street....
15:34, 07/19/2019

American Express Revenue, Profit Rise Revenue at American Express was lifted in the latest quarter by higher card-member spending, loans and card fees, though expenses from rewards programs also increased....
15:34, 07/19/2019

The Luxury Car Industry's New-Old Bosses The German luxury car industry has stalled. Getting the engine running again may require fresher thinking than the insiders appointed to run both BMW and Daimler can supply....
15:34, 07/19/2019

Why India’s Essar decision could kill the distressed debt market before it starts The insolvency and bankruptcy code is supposed to do wonderful things for India, but a leftfield decision on creditors this week will have a number of unhelpful side-effects....
14:00, 07/19/2019

Clean Energy Loans Boom in Florida, But So Do Complaints Offered in only three states and waning in their home base of California following a regulatory crackdown, residential property assessed clean energy loans, or PACE loans, are booming in Florida....
13:34, 07/19/2019

BlackRock's Cash Engine Gets Boost, but Its Profit Falls Investors increased the flood of cash flowing into money-management giant BlackRock in the last quarter. But the firm saw profits fall 6.5% from the comparable quarter a year earlier....
13:34, 07/19/2019

Union Pacific Earnings Help Put Rail Stocks Back on Track Shares of U.S. railroad operators were on the mend Thursday following a better-than-expected earnings report from Union Pacific, easing investor fears over a trade-related slump among freight rail giants—for now....
21:17, 07/18/2019

Sinclair Set to Complete Largest Junk-Bond Sale Since 2016 A subsidiary of Sinclair Broadcast Group is poised to complete the largest U.S. junk-bond sale in more than three years, drawing substantial demand from investors to support its purchase of regional sports networks from Disney....
21:17, 07/18/2019

U.S. Stocks Turn Positive After Fed Comments U.S. stocks broke into positive territory late Thursday after a Federal Reserve official urged central banks to lower interest rates swiftly on signs of economic weakening....
21:17, 07/18/2019

Digital Banking Startup Overcomes Setbacks to Raise $170 Million A digital bank with operations across Europe which recently launched in the U.S. has raised another $170 million in its latest funding round, pushing its valuation to $3.5 billion....
19:00, 07/18/2019

The Big Obstacle on the Road to Electric Vehicles The lithium-ion battery is a complex industrial product, not just another component in the consumer electronics supply chain. This inconvenient truth is a major obstacle on the global auto industry’s road to an electric future....
19:00, 07/18/2019

What Christine Lagarde Brings to the ECB: Flexibility The career of the next European Central Bank chief shows the institution is getting a diplomat and negotiator, not a technocrat or economist. “She is extremely charming and that is part of her style of politics.”...
19:00, 07/18/2019

Blackstone's Profit Drops as Private-Equity Portfolio Lags Blackstone’s second-quarter earnings fell as the value of its private-equity portfolio appreciated less than the broader market, but the portion of profits it could return to shareholders ticked up....
19:00, 07/18/2019

Morgan Stanley Quarterly Profit Falls 10% Quarterly profit fell 10% at Morgan Stanley, the last of the big U.S. banks to report earnings in a mixed quarter where trading slowed and Main Street banks carried the day....
14:00, 07/18/2019

Former JPMorgan Banker Pleads Not Guilty in Bribery Case A former executive at JPMorgan pleaded not guilty to bribery charges in a Hong Kong court, after prosecutors alleged she persuaded her colleagues to hire the son of a potential client in 2009....
13:17, 07/18/2019

Italian, Greek Bonds Rally as Hunt for Yield Expands Investors are buying bonds from once-avoided European countries, spurred by expectations that ongoing easy-money policies from central banks will continue to fuel demand for debt....
19:00, 07/17/2019

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cuts....
19:00, 07/17/2019

IAC to Invest $250 Million in Car-Sharing App Turo IAC/InterActiveCorp will pay $250 million for a stake in Turo Inc. in a deal that values the burgeoning peer-to-peer car-sharing company at more than $1 billion....
07:34, 07/17/2019

Fed's Evans: Rate Cuts Needed to Defend Fed's Inflation Target Federal Reserve Bank of Chicago President Charles Evans said in a television interview Tuesday the U.S. central bank needs to lower its short-term rate target to defend its 2% inflation target....
04:51, 07/17/2019

BHP and the Long Goodbye From Coal Power coal has generated big profits for miners over the years, but these days it mostly generates trouble. That doesn’t mean getting out of the business is easy....
21:51, 07/16/2019

JPMorgan Chase's Profit Boosted by Consumer Unit JPMorgan Chase’s second-quarter profit rose 16%, with the strong performance of its consumer businesses offsetting a slowdown across its other operations....
21:51, 07/16/2019

Bank of Canada to Introduce Enhanced Risk-Free Rate Benchmark in 2020 The Bank of Canada said it expects to launch an enhanced version of its overnight risk-free interest rate benchmark next year, part of a global effort to transition financial markets away from using rates derived from bank estimates....
21:51, 07/16/2019

Banks Get the Late-Cycle Blues Quarterly results from a trio of big U.S. lenders showed slowing loan growth and declining net interest margins. Goldman Sachs looks less impacted than peers thanks to a diversification drive but, if the economic cycle does turn, none look attractive...
21:51, 07/16/2019

Fed's Rate Cut Plans Stop Making Sense The facts have changed, but the Federal Reserve sure doesn’t seem like it is changing its mind on leaning toward an interest-rate cut at its policy meeting later this month....
21:51, 07/16/2019

Why This Pizza Stock Is Going Cold Shares of Domino’s Pizza fell after the chain posted weaker-than-expected sales for the second quarter. Investors homed in on same-store sales, which rose 3% in the period....
21:51, 07/16/2019

Blue Apron's Beyond Meat Deal Lacks Substance The meal kit company said it would add plant-based proteins to some of its meals as part of a collaboration with Beyond Meat beginning in August. But for Blue Apron, this gold is likely to tarnish....
21:51, 07/16/2019

Trucking Stocks Race Higher on J.B. Hunt's Good News America’s trucking companies are revving up thanks to an upbeat report from J.B. Hunt Transport Services, signaling the transport sector could be turning a corner....
21:51, 07/16/2019

Stronger Dollar Looms Large This Earnings Season The dollar has remained steady despite expectations for lower interest rates, posing a challenge for large multinational companies that need to convert foreign profits into the U.S. currency....
21:51, 07/16/2019

Wall Street's Answer to Risks in Loan Market: Bundle Lower-Rated Loans A growing number of money managers are embracing a new strategy designed to benefit from volatility in junk-rated corporate loans, a sign of building worries about riskier borrowers and the market that supports them....
21:51, 07/16/2019

FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities The regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such as Fannie Mae and Freddie Mac....
21:51, 07/16/2019

Natural-Gas Traders Bet Heat Wave Will Fizzle Natural-gas prices declined for the second straight day on signs that producers will continue to push output to new highs, while forecasts that the current heat wave will dissipate threatened demand....
21:51, 07/16/2019

Consumer Lending Powers Big-Bank Earnings, Upstaging Wall Street U.S. consumers are taking advantage of low interest rates to borrow and spend, boosting banks that cater to Main Street and leaving behind those that don’t....
21:51, 07/16/2019

AT1 bonds: Call me maybe A change to the approval regime for early repayment of AT1 debt is not widely expected to hike extension risk, but it's not the only tweak that investors have to deal with....
15:17, 07/16/2019

Rio Tinto Faces Delays, Added Costs for Big Copper-Mine Project Rio Tinto said it will take longer and cost more than expected to finish building one of the world’s biggest copper mines in Mongolia’s remote southern Gobi desert....
09:17, 07/16/2019

Putting the Equity Back Into Private Equity Rising stock valuations are forcing private-equity firms to contribute more cash to their leveraged buyouts, likely dragging down performance in the long term even as pensions and other investors increasingly turn to private equity to boost returns....
02:17, 07/16/2019

Facebook Confronts Bipartisan Resistance to Cryptocurrency Plans U.S. officials ranging from Treasury Secretary Steven Mnuchin, a Republican, to Rep. Maxine Waters, the Democratic chairwoman of a powerful House committee, came out swinging against Facebook’s Libra project....
02:17, 07/16/2019

Crack Open a Cold 'Un, Face the Consequences A Japanese teenager is in trouble for selling some very bad beer online, but the offense has nothing to do with hawking inferior goods or even underage drinking....
18:34, 07/15/2019

Charles Schwab in Talks to Buy USAA Wealth-Management, Brokerage Units Charles Schwab is in talks to buy brokerage and wealth-management operations from USAA for roughly $2 billion, a move that would push the discount-brokerage pioneer further into financial advice....
18:34, 07/15/2019

Nomura Securities to Repay Customers $25 million Nomura Securities agreed to pay customers $25 million after the SEC said bond traders at the investment bank inflated its profit in the sale of commercial and residential mortgage-backed securities....
18:34, 07/15/2019

Lies, Damned Lies and Chinese Growth China’s headline growth slowed again in the second quarter, but several other important indicators improved in June. As they learned this spring to their chagrin, however, investors should be careful not to over-interpret temporary boosts from one-of...
18:00, 07/15/2019

Companies Aren't Cheering Lower Interest Rates Last year, U.S. corporate pension funds had one of their better years in recent history, despite the fact that stocks and bonds both did poorly. Higher interest rates helped, as did a rush to contribute to pensions ahead of tax changes. Both impacts ...
18:00, 07/15/2019

Asian IPO Flop Gives Budweiser Brewer a Hangover Shares in Anheuser-Busch InBev and its potential Asian takeover targets fell Monday as investors digested the failure of a plan to create a new Hong Kong acquisition vehicle....
18:00, 07/15/2019

Cellphone Tower Companies Race Higher As the biggest wireless companies in the U.S. prepare to bring 5G to more customers, cellphone-tower operators are shaping up to be big winners in the stock market....
18:00, 07/15/2019

Citigroup Reports Higher Earnings as Bank Results Kick Off Citigroup reported that profit increased 7% and beat analysts’ expectations as the New York lending giant benefited from favorable conditions in the U.S. economy....
18:00, 07/15/2019

Fed's Williams Calls for More Urgency in Replacing Libor Federal Reserve Bank of New York President John Williams said financial firms need to stop dragging their collective feet and transition to a new reference interest-rate system to replace the scandal-plagued Libor....
18:00, 07/15/2019

U.S. Stocks Tread Water U.S. stocks drifted between small gains and losses Monday as investors weighed second-quarter earnings from Citigroup and looked ahead to results from other large banks....
18:00, 07/15/2019

Citi's Mixed Results Underscore Global Risks Earnings for Citigroup, the most global big U.S. bank, highlights both known trends and the biggest risks to the world economy, according to WSJ’s Heard on the Street....
18:00, 07/15/2019

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization of close to $2 billion....
06:17, 07/15/2019

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
02:51, 07/15/2019

The Agony of Hope Postponed, by a Value Investor Value investors are known for being a hardy bunch, willing to buy into beaten-down stocks that everyone else thinks are a disaster. But cheap stocks have underperformed horribly over the past 12 years and even some who specialize in buying them wonde...
02:51, 07/15/2019

Second-Quarter Earnings to Test Soaring Market The next test for the highflying stock market begins this week as companies kick off reporting what could be their biggest quarterly profit contraction in three years....
13:00, 07/14/2019

Oxymoron Alert: Some 'High-Yield' Bonds Go Negative In the latest sign of financial markets going into uncharted territory, more than a dozen junk bonds, which usually carry high yields, now trade in Europe with a negative yield....
13:00, 07/14/2019

Investors Balked at Pricing for Canceled Budweiser Listing What would have been the year’s biggest IPO flopped after AB InBev and its banks took a series of gambles that didn’t pay off. The world’s biggest brewer halted a nearly $10 billion listing of its Asian unit, blaming market conditions....
19:17, 07/13/2019

Next Big Thing in ETFs: Less Transparency Capital Group, Legg Mason and JPMorgan plan exchange-traded funds that bet on stocks without daily disclosure of investments, drawing on a small New Jersey firm’s model....
15:34, 07/13/2019

Floor Traders Clash With NYSE The New York Stock Exchange is clamping down on errors among its last remaining floor trading firms, a strict disciplinary push that some traders say could drive them out of business....
15:34, 07/13/2019

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
15:34, 07/13/2019

Schwab Scraps Trip for Top Employees Discount brokerage Charles Schwab says it is scrapping a Hawaii vacation for top employees, citing “reputational risks” associated with award programs....
08:34, 07/13/2019

Life-Science Stocks Look Less Healthy Life-science companies have logged a strong performance this year, but disappointing revenue results from Illumina show they can’t inoculate themselves against slowing growth in the broader market....
22:17, 07/12/2019

U.S. Government Bond Auctions Show Weakness U.S. Treasury prices fell this week after investors submitted fewer bids than usual at a series of government bond auctions, underscoring the centrality of their demand for newly issued debt....
22:17, 07/12/2019

The Only Thing the Smart Money Is Smart About A number of recent studies show that professional investors—the, ahem, smart money—are prone to the same mistakes that individual investors make. The difference, our columnist writes, is that the pros get paid to make them....
17:17, 07/12/2019

Tropical Storm Barry Helps Spark Fuel-Price Rebound The U.S. crude oil benchmark rose 0.2% in Friday trading, while Brent crude oil advanced 0.6% as traders focused on the impact of Tropical Storm Barry on Louisiana refineries....
16:34, 07/12/2019

Lesley Jane Seymour on How Women Can Reinvent Their Careers Lesley Jane Seymour, former editor of More magazine and founder of an online community for professional women, tells host Veronica Dagher about the importance of having a career cash cushion and being financially independent from their spouses this S...
15:17, 07/12/2019

Dow Milestone Nudges Global Stocks Higher U.S. futures and European and Asian stocks rose at the end of a week that saw central banks in the U.S. and Europe setting the stage for looser monetary policy....
13:00, 07/12/2019

Bitcoin Backers Welcome Trump Attack: At Least He Notices Us Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importance....
11:51, 07/12/2019

Financial Watchdog Shifts From Enforcer to Educator A federal regulator set up after the financial crisis to be a watchdog over the financial industry is shifting its mission from enforcement to consumer education....
11:34, 07/12/2019

Fast Times at Uniqlo's Owner Could Continue Uniqlo owner Fast Retailing’s shares have been on a trip to the moon since 2017. With the Bank of Japan providing some of the rocket fuel, the stock could stay high....
07:17, 07/12/2019

A New Chapter for Norwegian Air? Troubled budget airline Norwegian Air is trying to turn the page: Its chief executive is stepping down and flights between the U.S. and Europe are finally becoming more profitable. But investors shouldn’t hold their breath....
07:17, 07/12/2019

Income Options Are Coming to 401(k) Plans More employers are exploring ways to help 401(k) participants turn their savings into a sustainable income in retirement, even ahead of Congress passing legislation that would make it easier to do so....
07:17, 07/12/2019

Bright Spot for Money Managers: ESG A record amount is flowing to investment managers engaged in socially responsible investing, an area of strength for stock pickers who have otherwise struggled to keep client money....
07:17, 07/12/2019

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
07:17, 07/12/2019

Fed Group Proposes Adjustable-Rate Mortgages Using Libor Replacement A financial industry group is proposing to use a new benchmark designed by the Federal Reserve for adjustable-rate mortgages, replacing the troubled London interbank offered rate....
07:17, 07/12/2019

Paul Singer's Elliott Scores Big Win in PG&E Clash The California legislature delivered a preliminary victory to hedge-fund billionaire Paul Singer and other PG&E bondholders in their monthslong battle with the utility’s shareholders....
07:17, 07/12/2019

Oil's Rebound Above $60 Increases Focus on Technicals A recent rebound in U.S. crude-oil prices back above the closely watched psychological level of $60 is increasing focus on gauges of market momentum, the latest swing in a topsy-turvy 2019 for energy markets....
07:17, 07/12/2019

Calpers Fell Short of Its Own Goals in Fiscal 2019 The nation’s largest pension fund fell just short of its investment target in fiscal 2019, underlining the difficulty of earning the kind of returns state and local funds need to pay future benefits....
07:17, 07/12/2019

Illumina Stock Falls as Revenue Outlook Reduced Shares of Illumina drop after the maker of gene-sequencing machines lowers its revenue expectations over problems with its direct-to-consumer business....
07:17, 07/12/2019

Stronger Inflation Data Lift Treasury Yields U.S. government bonds pulled back after new data showed consumer prices rose more than expected in June. The 10-year note’s yield rose to its highest in four weeks....
07:17, 07/12/2019

Global Stocks Extend Climb Global stocks rose Thursday after Federal Reserve Chairman Jerome Powell hinted at a possible interest-rate cut later this month to support the U.S. economy in the face of slowing global growth....
10:17, 07/11/2019

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate Germany’s biggest bank....
03:51, 07/11/2019