Fed Minutes Show Comfort With Make-No-Moves Rate Stance
Many Federal Reserve officials said they expected the recent soft patch in inflation would prove temporary, but several raised concerns at their April 30-May 1 policy meeting about what might happen if price pressures continued to defy expectations by holding at lower levels.
Deutsche Bank Finds Flaw in System That Tracks Suspicious Activity
Deutsche Bank found a glitch in computer systems that retroactively scan corporate clients' transactions for suspicious activity, a sign of trouble in efforts to guard against potential money laundering by clients.
In 2023, Robots Will Invest $1.26 Trillion of Our Money
In a little more than a decade robo-advisers have shaken up financial services, and even storied Wall Street firms like J.P. Morgan and Merrill Lynch now offer digital investment management products, Barron's reports.
GE to Revisit Financial-Services Unit After Fixing Power Division
Larry Culp, General Electric's chief executive, plans to set his sights on the company's problematic financial-services business after he cuts overall debt and stabilizes its power-generation division.
Colony Capital Aims to Invest $5 Billion in Latin America
Investment-management firm Colony Capital said its newly acquired business in Latin America seeks to invest $5 billion in the region in coming years, much of it in Mexico.
China's Mobile-Payment Giants Come Under Fire in Nepal
The Himalayan nation dealt a blow to Chinese payment platforms that have been aggressively expanding abroad, restricting them after finding that some transactions they facilitated flouted its laws.
Fed's Williams: Doesn't See Strong Argument to Raise or Lower Rates
New York Fed President John Williams said that while inflation remains lower than he'd like, he doesn't see much chance the central bank will lower rates any time soon to bolster price pressures.
St. Louis Fed Chief Says Interest Rate May Be Cut to Meet Inflation Target
Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank may need to lower its short-term interest-rate target if inflation doesn't appear on track to rise back to desired levels.
Trading a Trade Battle: 'Markets Don't Appear Ready for That'
How do you trade a trade dispute? A previously abstract question is becoming more pressing for investors as U.S.-China trade relations fray. Here are ways they are adapting.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires throughout the day.