Rocky Treasury-Market Trading Rattles Wall Street
The ranks of traders ready to buy and sell Treasurys are shrinking. Individual trades are moving prices more.
U.S. Pensions Take a Fresh Look at China
Fund managers are splintering in their approach to China, reflecting rising investment risks and fractious politics.
Investors Yanked Billions from Chinese Bonds as Yuan Slumped
International investors' total holdings of Chinese government bonds and other yuan-denominated debt in mainland China dropped to the equivalent of $470 billion in September.
IRS Says Tax Compliance Rising, but Hundreds of Billions Still Go Uncollected
The estimates point to significant opportunities for the IRS to collect more unpaid taxes, using the $80 billion that Congress authorized for the agency's expansion over the next decade.
SEC Favors Midpoint Prices on Stock Trades
The proposal reflects a plan by the agency for broad changes in how small investors' orders are handled.
Credit-Card Debt Returns to Prepandemic Levels
Record card issuance and increased spending helped push total card balances to $916 billion last month.
Credit Suisse Looks to Rainmaker to Revive Investment Bank
Michael Klein, matchmaker to powerful companies and investors, will now begin a third act-as a major Wall Street CEO at CS First Boston.
Macquarie First-Half Profit Up 13%; No Full-Year Guidance Given
Macquarie Group said net profit in the fiscal first half rose 13%, reflecting strong performances in its asset management and banking units, but it didn't provide earnings guidance amid volatility in financial markets and geopolitical tensions.
Financial Services Roundup: Market Talk
Find insight on total credit card balances, TIPS ETFs , Danske Bank, and more in the latest Market Talks covering Financial Services
ECB Raises Interest Rates by 0.75 Point
The European Central Bank is moving briskly to quash record inflation even as the eurozone teeters close to recession.
(END) Dow Jones Newswires
10-31-22 0015ET
