Dow Jones Top Financial Services Headlines at 11 AM ET: Fed's Barkin Says We Have Been Bringing Rates Back Down Toward Neutral Levels | PayPal ...

Dow Jones
19 hours ago

Fed's Barkin Says We Have Been Bringing Rates Back Down Toward Neutral Levels

Thomas Barkin, president of the Federal Reserve Bank of Richmond, said as the inflation rate has fallen, the Fed has been bringing interest rates back down toward neutral levels.

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PayPal Replaces CEO as It Flags Lower Earnings

PayPal shares plunged after it said its board decided "the pace of change and execution was not in line" with expectations.

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Wall Street Laments Departure of the 'High Priest' of the S&P 500

​Many ​investors wonder what they will do without​ Howard Silverblatt​, a markets data maven​, now that he is retired.

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ECB Survey Records 'Unexpected' Tightening in Bank Lending

Eurozone banks tightened their conditions for loans to businesses in the last quarter of last year, an unexpected development lenders expect will continue in the early months of 2026.

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Gold's Rout Fails to Dent Bullish Calls at Major Banks

Some major banks say the longer-term investment case remains intact amid expectations for exceptionally strong demand from investors and central banks.

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The Crypto-Hoarding Strategy Is Unraveling

Bitcoin fell below $76,000 on Saturday, saddling Michael Saylor's Strategy with paper losses on its token purchases.

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Vanguard Slashes Fees Again, This Time on a Quarter of Its Funds

The pioneer in low-cost investing now has an average fund fee of 0.06%, or 60 cents on a $1,000 investment.

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Multi-Color Can Tap Bankruptcy Loan Despite Rival Lender Objections

A bankruptcy judge approved an initial $125 million DIP financing for the CD&R-backed label maker.

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Cboe in Talks to Bring Back All-or-Nothing Options to Vie With Prediction Markets

The Wall Street derivatives exchange is seeking to capitalize on the popularity of yes-or-no wagers, though it aims to stick to financial markets.

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Italian lender loses nearly half its value on profit warning, CEO exit

An Italian specialty finance lender that buys up the invoices from the Italian public sector lost nearly half of its value on Monday after the ousting of its chief executive and a profit warning.

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Italy's Intesa Sanpaolo to Cut Jobs, Boost Payouts Under New Strategy

The lender is looking to strike a balance between expanding its top and bottom lines while continuing to splurge on shareholder payouts.

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Julius Baer Reports Drop in Profit for Transition Year

Julius Baer reported a sharp drop in profits for 2025 due to a series of previously flagged one-offs including credit write-downs and the sale of its Brazilian subsidiary.

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A Michigan Pension Fund's Failed Coffee Farm Bet Highlights Private-Market Risks

​The fund's ill-fated ventures are examples of an increasingly popular strategy: trying to keep costs down by investing in individual projects.

 

(END) Dow Jones Newswires

February 03, 2026 11:00 ET (16:00 GMT)

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