News Highlights: Top Financial Services News of the Day
Free Credit Freezes Coming for All U.S. Consumers
Consumers are on track to get one thing from Congress in response to last year's massive Equifax hack: free freezes of their data held by the credit-reporting companies.
Merrill Lynch Settles SEC Claims Over Sale of Chinese Company's Shares
Merrill Lynch unit agreed to pay $1.4 million to settle SEC allegations that it didn't do enough to investigate red flags at a Chinese company whose unregistered securities it sold.
Is More of the Same Enough for American Express?
American Express has a new leader, but its strategy and message haven't changed much. That may not cut it in a highly competitive and rapidly changing payments landscape.
Harvard Economists Join Chorus of Tax-Law Skeptics
The recent changes to the U.S. tax law will increase economic growth modestly but not fast enough to pay for themselves, according to a new estimate from a pair of economists from different sides of the political spectrum.
After Nine Years, How Long Can This Bull Live?
Living for so long with the bull market, it's easy to buy into the idea that the only things that can halt it are a recession or the Federal Reserve.
Cigna Agrees to Buy Express Scripts for More Than $50 Billion
Cigna plans to buy Express Scripts in a cash-and-stock deal worth $52 billion that the companies say will expand their health-care offerings and help them control costs.
Japan Suspends Trading on Two Cryptocurrency Exchanges
Japan's financial regulator punished several cryptocurrency exchanges on Thursday, part of new restrictions following an apparent $530 million heist at one of its larger crypto platforms, Coincheck.
Former Pharma Executive Martin Shkreli Set to Learn Fate Friday
Former pharmaceutical executive Martin Shkreli is set to be sentenced Friday on federal securities-fraud charges, in a hearing that will likely be a referendum on Mr. Shkreli's public persona as well as his criminal conduct.
Aviva To Return GBP500M as Profits Rise
Aviva said it expects to return GBP500 million in excess cash to shareholders in 2018 after reporting a 2% rise in annual operating profit.
ECB Contends With Inflation, Trade Risks as It Weighs Stimulus Exit
The ECB must weigh economic strength against sluggish inflation, political uncertainty and potential trade wars as it considers how quickly to phase out bond buying and start raising interest rates.
(END) Dow Jones Newswires
March 08, 2018 16:15 ET (21:15 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.