Bank of Canada Leaves Rates Unchanged, Frets About Core Inflation's 'Persistence'
Gov. Tiff Macklem says senior officials are focused on how long to keep rate steady to achieve the central bank's 2% inflation target.
SPAC Mania Is Dead. The SEC Wants to Keep It That Way.
New rules aim to make special-purpose acquisition company deals more like traditional IPOs.
Regional Banks Had Another Bad Quarter
The 2023 bank crisis is over, but the worst may be yet to come for some regional and community lenders.
EquiLend, a Securities Lending Platform, Hit by Cyberattack
Hackers disrupt operations at key node of multitrillion-dollar market; company says restoring affected systems 'may take several days.'
China Moves to Boost Bank Lending in Effort to Prop Up Growth
The central bank made an early move in what is expected to be a broad but restrained campaign to prop up growth this year after a lackluster 2023.
Credit Card Debt Is Up-and It's Taking Longer to Pay Down
From fuel and groceries to hotels and airline tickets, consumers are putting more purchases on credit cards-and taking longer to pay them off.
Bill Ackman, Neri Oxman Buy Stake in Tel Aviv Stock Exchange
Hedge-fund billionaire Bill Ackman and designer wife Neri Oxman have taken a stake of about 4.9% in the Tel Aviv Stock Exchange, valued at around $27 million at current market prices.
Money-Market Bonanza Is Over. So Is Now the Time for Stocks?
One of the easiest, safest investments last year is losing its luster. But it is really hard to put money in the stock market when it is at all-time highs.
Strong Second Half Drives 2023 Secondary Deals to $112 Billion
Deal volume rose 60% in the latter part of 2023 as higher pricing brought sellers to market.
Swedbank Boosts Payout After Profit Beat
Swedbank raised its dividend after reporting a forecast-beating increase in fourth-quarter net profit as higher interest rates continued to lift net interest income.
(END) Dow Jones Newswires
01-24-24 1615ET
