Dow Jones Top Financial Services Headlines at 7 AM ET: The Private-Credit Party Turns Ugly for Individual Investors | Fed's ...

Dow Jones12-22 20:00

The Private-Credit Party Turns Ugly for Individual Investors

Funds called BDCs that make corporate loans have had a rough 2025, just as the private-credit industry looks to "democratize" their offerings.

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Fed's Hammack Is Inflation-Wary and Prefers Holding Rates Steady Into the Spring

The Cleveland Fed president, who will vote on rates in 2026, said she is taking November's cooler inflation reading "with a grain of salt."

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Ten-Year JGB Yield Hits 26-Year High After BOJ Rate Increase

Japanese government bond yields continued their ascent, with the 10-year yield hitting a 26-year high, on expectations for further rate increases by the Bank of Japan.

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Permira-, Warburg-Led Consortium to Acquire Clearwater Analytics in $8.4B Deal

Singapore state-owned investor Temasek is also part of the deal to acquire the fintech software company, while investor group Francisco Partners is supporting the acquisition.

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Hopes Dim for Success of 2021-Vintage Venture Funds

Returns for funds that began investing during the last venture boom have turned positive, but barely.

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DraftKings Launches Prediction Market in States Without Legal Sports Betting

Prediction markets have been a major headwind this year for the U.S. sportsbook duopoly of DraftKings and FanDuel-parent Flutter Entertainment.

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BBVA to Launch $4.6 Billion Buyback After Failed Sabadell Bid

Stock repurchases of up to $1.76 billion will start on Monday, to be completed no later than April 7.

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Coinbase Sues Three States Over Prediction Markets. That's Not Why the Stock Is Jumping.

Coinbase is wasting no time joining the legal fight after expanding into the rapidly growing prediction markets.

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Insurance Rates Should Fall Next Year. Hopefully Not Too Much.

The U.S. avoided a major hurricane this year, but insurers should still be wary of elevated future losses.

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These are the secrets to Buffett's investment success, according to this billionaire investor

Seth Klarman, CEO and portfolio manager of the value-oriented investment management fund Baupost Group, says investors have much to learn from Warren Buffett.

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Charles Schwab CEO Explains Why Investing Works-and Gambling Doesn't

One in six new clients are Gen Z, Rick Wurster tells At Barron's Andy Serwer in an interview.

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PCAOB to Cut Chair's Pay by More Than Half Amid SEC Pressure

Other board members would also see their salaries slashed as the auditing watchdog approves a smaller budget for 2026.

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Jump Accused of Contributing to Collapse of Terraform, Do Kwon's Crypto Empire

The administrator winding down what remains of Terraform Labs is seeking $4 billion in damages.

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ANZ Handed Record Penalty for Misconduct, Risk Failures

The Australian bank will pay the largest combined penalties ever secured by Australia's corporate regulator, over risk failures and widespread misconduct.

 

(END) Dow Jones Newswires

December 22, 2025 07:00 ET (12:00 GMT)

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