Grayscale's Once-Mighty Fund Is Bleeding Bitcoin 

The asset manager has resisted a significant fee cut, insisting that rising bitcoin prices will continue to buoy its fortunes.

Pension Funds Are Pulling $325 Billion From Stocks 

Stock portfolios at large pension funds had a blockbuster run. Now, managers are cashing out and shifting money into bonds.

Fed's Mester Says Recent Inflation Means Longer Wait for Rate Cuts 

Loretta Mester remains optimistic about inflation coming down this year.

U.S. Bancorp Beats Earnings Estimates, but the Stock Is Falling Anyway 

U.S. Bancorp reported first-quarter adjusted earnings of 90 cents a share on revenue of $6.72 billion.

Travelers Stock Drops After Earnings. Shares Are on Track for Their Worst Day in Nearly 4 Years. 

The property and casualty insurer misses analysts' earnings estimates.

Dealmaking Is Looking Up as Companies Stop Waiting Out the Fed 

Borrowers are getting on with things as rates are set to remain high for longer.

Hannon's Take: Dead Set on Divergence 

The messaging on interest rates from the Fed and the ECB was starkly different on Tuesday.

IMF Warns Surge in U.S., China Debt Could Have 'Profound' Impact on Global Economy 

The U.S. and Chinese governments should take action to lower future borrowing, as a surge in their debts threatens to have "profound" effects on the global economy, the International Monetary Fund said.

Nelson Peltz Got Crushed by Disney. Can He Recover? 

After his Trian Partners lost its proxy fight, a big bet on Unilever comes into focus.

Investment Banking Bounceback Powers Big U.S. Lenders 

Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry of Wall Street activity.

(END) Dow Jones Newswires

04-18-24 0715ET