Wells Fargo Moves Closer to Exiting a Credit-Card Program That Gave Rewards for Rent
The bank was losing millions of dollars a month on a card it launched with Bilt.
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The Wall Street Machine for Financing Rooftop Solar Is Seizing Up
Some bonds tied to GoodLeap, a fintech lender that Michael Dell invested in, have stopped paying interest
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Private Equity Seeks Bright Spots in Tariff Turmoil
Tariff uncertainty is boosting growth at some private equity-backed companies.
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Bank of Mexico Minutes Confirm End to Half-Point Rate Cuts
The central bank lowered its benchmark interest rate target to 8% from 8.5% on June 26.
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Health Insurers Are Becoming Chronically Uninvestable
Companies such as UnitedHealth, Centene and Humana are getting squeezed between rising costs and a stingier government.
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Inside the Wall Street Recruitment Wars Pitting Banks Against Buyout Firms
Recent graduates who haven't started their gigs at big banks are being recruited for jobs that don't start for another couple of years.
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Blackstone, Legal & General Sign Up to $20 Billion Private-Credit Partnership
The British insurer and pension provider's annuities business will get access to U.S. investment-grade assets via Blackstone's lending platform for private markets.
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Venture Capital Bet Big on Gambling. Now It's Banking on the Addictions.
U.S. VC firms have invested $2 billion in gambling businesses since 2018. At least six of the firms are simultaneously betting on problem gambling treatments.
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ECB Could Stay Cautious on Rate Cuts Even as Euro Rises
The European Central Bank is likely to remain cautious about cutting interest rates further even as the euro's strength risks inflation falling below the 2% target, HSBC economists say in a note.
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Financial Services Roundup: Market Talk
Find insight on SoFi, private student loan lenders and more in the latest Market Talks covering Financial Services.
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What Division Inside the Fed Means for Future Interest-Rate Cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer's end, but inflation remains a big question.
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Millions of Americans are about to see their student loans accrue interest again. Here's what to know.
The Trump administration said borrowers enrolled in the SAVE program will see their balances grow, starting in August.
(END) Dow Jones Newswires
July 10, 2025 16:00 ET (20:00 GMT)
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