What's Wrong With the Economy? It's You, Not the Data

Many Americans believe that the economy and their finances are worse than they really are. 


 
This Small-Cap Stock Index Has Some Jumbo-Size Tenants

The combined market value of Super Micro Computer and MicroStrategy-the two largest stocks in the Russell 2000-has swelled to $87 billion. 


 
Nelson Peltz's Disney Consolation Prize: A $300 Million Gain

Trian Partners lost its bid for board seats, but profited on its investment. 


 
Lender Blue Owl Capital Pushes Into Insurance

One of Wall Street's fastest-growing firms is buying Kuvare Asset Management in a deal that will boost assets under management by $20 billion. 


 
French Asset Manager AXA IM to Buy Private-Equity Secondary Specialist W Capital

The $900 billion investment manager is betting that more private-equity managers will use secondary transactions to generate returns from their funds. 


 
Chase Bank to Let Advertisers Target Customers Based on Spending Data

The JPMorgan Chase bank's new unit called Chase Media Solutions will let marketers tempt Chase customers with targeted deals and discounts related to their spending history. 


 
Deepfakes Are Coming for the Financial Sector

With technology advances making artificial intelligence-enabled voice and images more life-like than ever, bad actors armed with deepfakes are coming for the enterprise. 


 
SEC Says Self-Reporting Key Factor in Reducing Off-Channel Communication Fines

A senior enforcement official said the regulator considers several factors in determining the size of penalties imposed on financial institutions over recordkeeping violations. 


 
Swiss Re Appoints New CEO

Swiss Re has appointed Andreas Berger as Group Chief Executive, effective from the start of July. 


 
Fed's Mester still expects 3 rate cuts in 2024 but it is a 'close call'

Cleveland Fed President Loretta Mester said Tuesday that she still expects three interest rate cuts in 2024 but said it was a close call. "I still think three is reasonable, but it's close call," Mester told reporters after a speech.


(END) Dow Jones Newswires

04-04-24 0715ET