It's a Higher-for-Longer World for Rates, and That's OK

After another warm inflation reading, focus less on when the Fed will start cutting and more on where they will end up. 


 
Global dividends hit record $1.66 trillion in 2023 as Microsoft reclaims top spot

Global dividends rose 5% to a record $1.66 trillion in 2023 as growth in bank payouts compensated for lower distributions from miners 


 
Bitcoin Sets Another Record. How to Call the Crypto Market Top.

Bitcoin jumps above $73,000 for the first time on Wednesday. Prices may have more room to run, but watch for signs that the top is approaching. 


 
Corporate Bond Issuance Is Booming-But Not Sustainability-Linked Bonds

With its rate tied to meeting certain goals, issuance of this ESG-linked debt has tanked. Some say the SEC's new emissions-disclosure rule might eventually spur demand. 


 
NYCB Plans Reverse Stock Split After $1.05 Billion Capital Raising

The regional lender said the reverse split will make its shares more appealing to a range of institutional and retail investors. 


 
Startup Head Count Shrank for the First Time in Years, Carta Says

Layoffs and job departures outstripped new hires in 2023 at startup companies, according to data from Carta's platform. 


 
Coinbase plans $1 billion convertible-debt deal after stock surge

The cryptocurrency marketplace is headed to Wall Street to raise money through a convertible offering. 


 
Activist Investor Land & Buildings Urges Office Owner to Liquidate

The hedge fund wants Equity Commonwealth to return cash to investors. 


 
U.S. Bank Regulators Weigh New Operational Resilience Requirements

Acting Comptroller of the Currency Michael Hsu said liquidity problems aren't the only issues banks face. 


 
Generali Beats Expectations, Ups Dividend

Generali raised its dividend after 2023 results beat expectations on continuous earnings growth, but a weaker property&casualty segment dragged its fourth-quarter profit.


(END) Dow Jones Newswires

03-13-24 0715ET