Fed's Jefferson says slowing progress on inflation is 'a source of concern'
The slowing progress on inflation in the first quarter is disappointing, but the healthy labor market allows the Federal Reserve to maintain downward pressure on demand until price pressures cool, Federal Reserve Vice Chairman Philip Jefferson said on Monday.
RBC Reorganizes Investment Banking in a Play for More Deals
The bank is naming Matthew Stopnik global investment banking head, based in New York.
Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data
Stocks and bonds have rallied ahead of Wednesday's consumer-price index report.
China to Start Sale of Ultralong Bond to Support Economy
China will start selling the first batch of a planned $138.37 billion ultralong bond issuance this week, as Beijing looks to provide more support to the economy.
SoftBank Commits $5 Billion to AI After Three Years of Losses
The Japanese investment company said its net asset value nearly doubled thanks to the rising share price of its U.K. chip-design unit, Arm.
How Private Equity Can Pass Antitrust Merger Reviews
With federal authorities trying to chill private-equity investment in healthcare, firms need strategies for clearing government reviews, according to an antitrust attorney who has helped fend off challenges to mergers.
Financial Services Roundup: Market Talk
Helia, Sunway and more in the latest Market Talks covering Financial Services.
Wealth Managers, Charities Defend Fees From Donor-Advised Funds
"Strange bedfellows" are teaming up to oppose a Treasury Department proposal penalizing certain payments.
Wall Street Turns Up the Heat on Companies to Perform
Shares of companies that missed first-quarter earnings estimates have slid an average of 2.8%, compared with the five-year average of a 2.3% decline.
This Stock-Market Rally Isn't What It Seems
To anybody listening to Wall Street analysts, it might sound like all the market volatility has had to do with the economy and the Federal Reserve's policy response. But what if stocks just got too expensive?
(END) Dow Jones Newswires
05-13-24 1115ET
