Fed Faced Divisions Over Low-Rate Promises Last Month
Minutes show Federal Reserve officials grappled with how to tailor their new policy framework for the pandemic-scarred economy when they met last month.
European Union Moves Closer to Common Debt Issuance
The European Commission is advancing its plans to issue common debt and is poised to tap the bond market this month for the first time on a large scale to fund its coronavirus-relief programs.
Venmo's New Credit Card Puts QR Codes Front and Center
Venmo, the payments app owned by PayPal Holdings, has introduced its first physical credit card, stamped with a prominent QR code on the front.
Genstar Capital Seeks $10 Billion for New Funds
Buyout firm Genstar Capital is pitching its 10th midmarket fund to institutional investors less than two years after collecting $7 billion for its ninth flagship vehicle and a related overage fund, according to people familiar with the matter.
SEC Committee Tackles Disorderly Electronic Bond Trade Reporting
Liquidity is important in bond markets, but measuring it has grown more complex as trades move onto competing electronic trading venues.
What the Stock Market Doesn't Know About the Trump-Biden Election
Markets aren't moving with the polls in a clear way as they did before the 2016 election, but a fine-grained analysis of what we don't know will help make sense of what happens to stocks after next month's vote.
Startups Tap Upfront Cash Alternative to Venture Capital
Giving up a share of future subscription revenue is an appealing option for some fast-growing startups that don't want to dilute their ownership stakes by raising venture capital.
Fed Tenure Boosts Brainard as Potential Biden Treasury Pick
The policy maker and former Obama administration official has played key roles in shepherding the central bank's response to the Covid-19 pandemic.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services
U.K. Watchdog Bans Sale of Cryptocurrency Derivatives to Individual Investors
The rules aim to protect small-time investors from large price swings in assets whose value is linked to cryptocurrencies such as bitcoin, ether or ripple.
(END) Dow Jones Newswires
10-07-20 1615ET
