Investors Get Ready for the Fed to Cap Rates

Investors are preparing for the Federal Reserve to tap a policy tool untouched since the aftermath of World War II, a move that could change how key financial markets behave and give an even bigger boost to the stock market's best performers. 


 
Fed Officials Project No Rate Increases Through 2022

Federal Reserve officials signaled plans to keep interest rates near zero for years and said they were studying how to provide more support to a U.S. economy battered by the coronavirus and related shutdowns. 


 
FASB Proposes Delaying New Accounting Rule on Insurance Contracts Again

Insurers may get even more time to implement a new rule on valuing long-term contracts, under a proposal by the Financial Accounting Standards Board. 


 
Investing Giants Gave Away Voting Power Ahead of Shareholder Fight

GameStop shareholders vote this week to resolve a fight over the embattled videogame retailer's board. But the company's largest investors won't cast much of a vote. 


 
China's Companies Find Ways to Avoid Bond Blowups

Chinese companies are avoiding or minimizing bond defaults, even as the economy shrinks for the first time in decades. Some methods include asking creditors to wait longer for repayment or forgo the right to redeem bonds early. 


 
Equifax's Latest Breach Settlement Is Skimpy to Plaintiffs, Critics Say

Most of the money would go to security measures at Equifax, not to community banks and credit unions affected by the breach. 


 
High-Profile Investor Calls Out HSBC, Standard Chartered on Hong Kong Stance

A high-profile investor in HSBC Holdings and Standard Chartered has criticized the London-based banks for supporting China's plan to impose a new national security law on Hong Kong, calling on them to speak out if it results in abuse of democratic freedoms. 


 
1MDB's Suspected Mastermind Found New Ways to Move Money in Kuwait

The Kuwaiti royal family provided Jho Low means to fend off U.S. and Malaysian investigators who accuse him of masterminding the plunder of Malaysian state investment fund 1MDB. 


 
Kirkland & Ellis Resigns From Travelport Over Disputed $1 Billion Debt Deal

Kirkland & Ellis has resigned from representing Travelport after arranging a debt deal for the travel-booking site that is said to have angered some of the law firm's Wall Street clients, according to people familiar with the matter. 


 
Rally in Europe's Riskiest Corporate Bonds Masks Lagging Sales

Spreads have tightened in the junk-bond market as investors seeking better returns pour money into a market that has seen a dearth of new bond sales.