Fed to Signal It Has Stomach to Keep Rates High for Longer
Firmer price pressures could lead longer-term rates to rise as investors continue paring back expectations of cuts.
'Empty Chair Feeling' to Pervade Berkshire Meeting Without Munger
Warren Buffett's longtime friend and business partner, Charlie Munger, died in November at age 99.
Office-Loan Defaults Near Historic Levels With Billions on the Line
More than $38 billion of U.S. office buildings face loan defaults, foreclosures or other forms of distress, the highest amount since 2012.
HSBC's CEO Steps Down After More Than Four Years
Noel Quinn steered the bank through a tumultuous period, and doubled down on its focus on Asia.
Goldman in Talks to Unload GM Credit-Card Partnership to Barclays
The deal including roughly $2 billion of card balances could be struck by summer.
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.
Australian Pension Fund UniSuper Grows Private Credit Exposure
UniSuper, one of Australia's largest pension funds, has been growing its exposure to private credit, holding roughly US$660 million in dry powder, which could be directed toward the booming asset class.
Why global gold demand marked its best first quarter in 8 years
Gold demand marked its strongest first quarter in eight years, buoyed by "healthy investment" from the over-the-counter market as well as central bank purchases, which saw their best start to any year on record, according to a report from the World Gold Council released Tuesday.
Regional bank UMB Financial buying Heartland Financial in $2 bln all-stock deal
Heartland Financial's stock jumps 18.5% in regular trading
Japan Intervenes After Yen Slides Against the Dollar
The yen has plummeted against the dollar this year, hurt by increasing doubts among traders about the timing of U.S. interest-rate cuts.
(END) Dow Jones Newswires
04-30-24 0715ET
