Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin
The discussions involve payments companies co-owned by JPMorgan Chase, other large banks.
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Oaktree in Takeover Talks With Superior Industries
The top lender, advised by law firm Paul Weiss, is in discussions to take over the aluminum wheel maker struggling with auto parts tariffs.
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The Bond Market Is Waking Up to the Fiscal Mess in Washington
With the U.S. economy close to full capacity, more borrowing adds inflationary pressure, and so could lead the Fed to keep rates higher for longer.
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Antitrust Cops Say BlackRock, Other Fund Giants May Have Hurt Coal Competition
The Justice Department and FTC for the first time are raising concerns about how large institutional investors wield ownership of shares in rival companies.
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TD Bank Quarterly Earnings Buoyed by Sale of Schwab Stake
Toronto-Dominion Bank's earnings soared in the recent quarter thanks to the exit from its investment in Charles Schwab, though loan-loss provisions were on the rise and the bank cautioned the economic outlook had weakened in the wake of President Trump's tariffs.
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Bitcoin Price Surges Into Uncharted Territory. The Next Catalysts for Crypto.
Analysts say the next psychologically important level for Bitcoin could be $115,000.
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Intuit Seeing Stable Environment for Consumers, Businesses While Tariffs Play Out
Stronger-than-expected results in the latest quarter prompted the financial technology platform to raise its outlook for the year.
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Fed Overnight Lending Facility to Grow in Importance, New York Fed Official Says
As the central bank's balance sheet shrinks, the standing repo facility will likely take on greater importance in capping borrowing costs, Roberto Perli says.
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Trump's War Against Higher Education Hits the Sector's Bonds
The Trump administration's moves against prominent colleges and universities are spreading concerns that a wide swath of higher-education institutions could see their borrowing costs rise, while some investors could end up with a win.
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Apple, Tesla and Nvidia Shares to Trade as Digital Tokens on Crypto Exchange Kraken
The platform will offer overseas customers tokenized versions of more than 50 stocks and ETFs.
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Treasury Sounds Death Knell for Penny Production
The one-cent coins are expected to stop entering circulation early next year. Businesses will need to round prices up or down.
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Financial Services Roundup: Market Talk
Find insight on home sales, Hiscox, Generali, Public Bank, ZZZ and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
May 23, 2025 00:00 ET (04:00 GMT)
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