The Wall Street giant’s new group will capitalize on a private-credit surge and anticipated private-equity deal boom.

U.S. natural gas futures tested new highs with colder-than-usual weather over much of the country seen lasting through January, and prospects for greater production losses adding upside.

The selloff in government debt is making it costlier to borrow, jarring stocks and pressuring indebted countries.

A market for yes-or-no bets on elections, news and pop culture is getting a MAGA stamp of approval.

The Honda-Nissan tie-up is a response to industrywide challenges that are pushing automakers to combine.

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months.

The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their rise since strong jobs data dampened prospects for Fed rate cuts.

Ten-year Treasury yields rose to their highest level since November 2023, and Generali Investments said about one third of the the nearly 40bps rise since the election was due to the upward revision of the Fed funds rate path and the rest to a higher term premium.

With the Fed unlikely to cut interest rates as quickly as hoped, corporate earnings growth becomes even more critical to keeping the market afloat.

Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure amid prospects of U.S. trade tariffs.

Global oil prices were on track to settle at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude exports.

The Nasdaq Composite and S&P 500 fell in morning trading, with new export curbs weighing on Nvidia and other chip stocks. The Dow crept higher.

The euro fell to its lowest level in more than two years and could fall further in the short term, amid the threat of tariffs and the likelihood of the ECB cutting rates while the Fed holds, Bank of America analysts said.

Gold futures were trading lower on lower expectations of Fed rate cuts, and StoneX said near-term near-term forecasts looked more bearish as rising yields make government debt more appealing than the yellow metal.

Hedge fund Point72 will return as much as $5 billion in profits to investors and raise fees.

A segment of the property-insurance market has shifted away from standard policies toward more bespoke offerings from insurers.

A rare ‘bear steepening’ trade is pressuring governments and worrying investors.

The Magnificent Seven tech stocks and big AI players drove double-digit gains at many large-cap mutual funds. The top fund returned 51.8%.

Many Los Angeles-area residents devastated by fire will lean on Washington and charitable aid—and draw on their own savings.