Morgan Stanley Raises a Fund to Hold World 50 for Longer
Morgan Stanley's private-equity arm has collected $700 million in commitments to help prolong its control of World 50, an executive-networking business that has expanded rapidly since the firm acquired it as the Covid-19 pandemic began.
FTX to Sell Two-Thirds of Anthropic Stake for $884 Million
An Abu Dhabi investor would buy shares for $500 million in the AI startup from the bankrupt cryptocurrency exchange.
The Fed Is Getting Closer to Cutting Rates, Gov. Cook Says
The balance of risks between the Fed's inflation and employment goals is coming into better balance, Lisa Cook said.
Trump Returns to Stock Market With Truth Social Listing
The former president's Truth Social will begin trading Tuesday on Nasdaq.
Kevin Warsh, floated as Trump Fed chief, says Powell is 'goosing' the economy
While U.S. allies and adversaries may be impressed by the growth in the stock market and overall U.S. economic growth, "I wouldn't say they are overly impressed by the U.S. economic engine," he said.
Fed's Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.
Are Chinese Tech Stocks Value Plays Now?
Investors are excited about U.S. artificial intelligence, less so about cash-generating Chinese tech. That might-eventually-create some opportunities.
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.
The Short-Vol Trade Is Back: Why Some Investors Think It's Driving Tranquility in Markets
Investors are pouring money into derivative-income funds that sell options contracts to juice income.
(END) Dow Jones Newswires
03-25-24 1615ET
