Treasury Markets Are Losing Their Shock Absorber

Declining balances in reverse repo, where funds stow their cash overnight in exchange for interest, presage a trying period in the most central market. 


 
Warren Buffett Was There for the Japanese Market Rally

Berkshire Hathaway holds stakes in five Japanese trading companies. 


 
Record Number of Women, Minority-Owned Firms Launch Funds in Tough Market

A record number of private-equity funds owned by women and minorities entered the market last year, but they have scaled down their fundraising goals, new data show. 


 
Wall Street's Latest Pitch Is a Contradiction: Private IPOs

Some bankers and investors think they have found a way to work around choppy public markets. 


 
Korean Stocks Have a New Driver: The Government

Shares in Hyundai and Kia have accelerated in response to a regulatory clampdown on low valuations. 


 
You Say Bitcoin Is Digital Gold? Maybe It's Digital Pearls

Almost every previously disruptive technology has ended up being disrupted. Bitcoin could be too. 


 
FTC Files Complaint Against H&R Block for Deceptive Marketing, Data Deletion

The FTC's complaint specifically alleges that H&R Block customers had to contact the company by chat or phone in order to downgrade to a less expensive tax-filing product, making the downgrade more time consuming. 


 
FTX Gets Bankruptcy Court Approval to Sell Shares in AI Startup Anthropic

Authorization for the sale enables the bankrupt crypto exchange to unload its stake at "the most optimal and appropriate time" given the increased interest in artificial intelligence. 


 
Goldman Sachs now sees first U.S. rate cut in June, just four in total for 2024

Goldman expects rate cuts in June, July, September and December, followed by four more in 2025, versus just three previously. 


 
Husband Who Eavesdropped on Wife's Work Calls Pleads Guilty to Insider Trading

Tyler Loudon made $1.76 million trading shares after overhearing calls his wife, a former BP executive, made while working remotely.


(END) Dow Jones Newswires

02-26-24 0715ET