THE WALL STREET JOURNAL - Markets News
How to Rein In Loose-Lipped Bankers? Hong Kong Tries to Figure It Out
The city wants to tighten rules governing what banks and brokers can say to investors when discussing potential transactions, including bond and share sales.
SoftBank Loses $6.2 Billion in Quarter as WeWork Weighs on Investments
The Japanese tech investor sank deeper into the red as it reported write-downs related to the bankruptcy of office-sharing company and technology shares stayed under pressure.
Fed Probes Morgan Stanley's International Wealth-Management Practices
At issue is how the bank vets foreigners and the origins of their money before taking them on as customers.
S&P 500, Nasdaq Extend Win Streaks
Major stock indexes ended mostly higher Wednesday, building on a long run of gains.
Robinhood No Longer Looks Like a Steal
The upstart is still well short of the big boys in the brokerage business as “YOLO” traders continue to retrench.
Warner Gets Too Real About Advertising Meltdown
The media giant bolstered by ‘Barbie’ box-office hit says ad recovery is still needed to hit leverage targets next year.
Citigroup Fined for Discriminating Against Armenian Americans
The bank will pay $25.9 million in fines and redress to consumers after illegally discriminating against credit card applicants that the bank identified as Armenian American, according to regulators.
Cooks Beware: Olive Oil Is Getting More Expensive
A drought in Spain, by far the world’s biggest producer, has pushed up global prices.
Former NYSE President in Talks to Reboot FTX Exchange
Tom Farley’s new firm has joined two other suitors in an auction for the bankrupt crypto exchange founded by Sam Bankman-Fried.
Why Rivian Can't Be the Next Tesla
America’s top electric-vehicle startup is in a more stable place than it was, but it still loses too much money on each vehicle it sells.
A 'Zelda' Movie Could Mint Money for Nintendo
Fresh off the success of “The Super Mario Bros. Movie,” Nintendo is eyeing another possible box office smash.
Why Fed Shouldn't Get Credit for Fall in Inflation
The hit to demand might come—after much of the fight against rising prices is already over.
How a Banking Capital Botched Its Own Banking Rules
Following Credit Suisse’s collapse, critics and a government review say regulators missed opportunities to ensure the bank’s health.
China Is Becoming a Problem for Investors
U.S.-listed companies that do a lot of business in the country have struggled.
Right Now Is a Terrible Time to Spend Money
With prices and interest rates high, this is a moment to focus on saving.
Goldman Moves to Offload GM Credit Card
Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
Tech Stocks Boost Market
The Nasdaq Composite extends its winning streak to an eighth day.
Auto Chip Makers Try to Avoid a Pileup
Carmakers are scaling back on orders, forcing chip makers to be flexible with long-term deals.
UBS's Takeover of Credit Suisse Was a Steal. Now Comes the Bumpy Part.
The Swiss bank recorded its first loss in nearly six years and will take a long time to integrate its once-rival, even as gains materialize.
Big Banks Cook Up New Way to Unload Risk
Banks are selling risk to hedge funds and private-equity firms through so-called synthetic risk transfers.