Japanese yen surges to fresh two-month high as carry-trade confidence crumbles
The Japanese yen early Thursday strengthened more than 1% to below 152 per U.S. dollar for the first time since early May.
Medicaid Was a Boon to Insurers During the Pandemic. Now, Not So Much.
Insurers with a focus on Medicaid are seeing higher costs per member after millions of enrollees were forced out of the plans.
Land of the Rising Banks
Japanese bank stocks have been on a roll and have more room to rise.
Insurers Brace for Claims From Global Tech Outage
Within hours of the crash, companies began notifying insurance providers of likely claims.
Can Bill Ackman Turn Social-Media Stardom Into a Blockbuster IPO?
The billionaire investor is aiming to raise billions of dollars for a publicly traded fund next week.
Financial Services Roundup: Market Talk
KKR, Macquarie and more in the latest Market Talks covering Financial Services.
Berkshire Hathaway Sells More Bank of America Stock
Warren Buffet has been selling shares of his second-largest holding in recent days.
Julius Baer Profits Fall, Miss Consensus Forecasts
Julius Baer reported lower profits for the first half of 2024 as a rise in client assets and activity was offset by higher interest expenses.
Bank of Canada Cuts Policy Rate to 4.5%, Frets Over Downside Risks
The Bank of Canada delivered a second straight cut to its main interest rate after a quarter-point reduction in June, and signaled there is likely more to come as officials grow increasingly worried about downside economic risks.
Private Secondary Market Rises 58% as Deal Buildup Finally Breaks
Cash-starved institutional investors drove $68 billion of secondary deals in this year's first half.
(END) Dow Jones Newswires
July 25, 2024 11:00 ET (15:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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