Fed Officials Still See Three Interest-Rate Cuts This Year
Central bankers expect inflation slowdown to resume and maintain their lower-rate outlook.
Nasdaq's stock drops after $1.6 billion offering from stock-exchange parent
Borse Dubai is selling nearly 27 million shares to reduce its stake in the Nasdaq to 10.8%.
Prudential Earnings Top Forecasts as New Business Jumps
Prudential's adjusted operating profit rose in 2023, with the insurer's focus on Asian and African markets helping generate a 45% gain in new business earnings.
The Era of No-Brainer 5% Returns on Cash Is Ending
Cash has been a hot investment since the Fed started raising rates, but the landscape is changing as the central bank considers cutting.
Private Equity Cautiously Steps In to Back Troubled Banks
Distress at regional banks has spurred some buyout firms to invest in a sector they typically ignore.
Financial Services Roundup: Market Talk
Find insights on Calpers, Prudential PLC, R1 RCM, and more in the latest Market Talks covering Financial Services.
China's Benchmark Lending Rates Held Steady
The one-year loan prime rate remains at 3.45%.
Genesis Settles With Gemini to Pay Customers in Full
The settlement, which needs bankruptcy court approval, would return about $2 billion in digital coins to customers of the Winklevosses' Gemini Earn.
JPMorgan to Hike Dividend After Notching Record Profit
It's the bank's second dividend increase in the past year.
Bankrupt Crypto Lender Genesis Agrees to Pay $21 Million to Settle SEC Charges
Regulator says company engaged in unregistered offer and sale of securities by failing to register its Gemini Earn program.
(END) Dow Jones Newswires
03-20-24 1615ET
