Dow Jones Top Financial Services Headlines at 12 AM ET: 'Tech Is Back': Fund Investors Recovered in April | Not ...

'Tech Is Back': Fund Investors Recovered in April

After a rough first quarter, the average stock fund jumped 10.3% for the month. Plus: A Financial Flashback to the 130th anniversary of the Dow.

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Not All Total Bond Market ETFs Are the Same. Here's What to Know.

Not understanding the difference between similarly named funds can be costly

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Berkshire CEO Greg Abel Takes the Stage, Making a Case for the Post-Buffett Era

New leader says company has shortlist of acquisition targets, as its cash pile grows; assures investors that culture isn't changing.

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After Months of Debating Rate Cuts, Fed Shifts Toward Mapping Out Hikes

Three regional bank presidents opposed signaling rate cuts-guidance outgoing Chair Jerome Powell offered little reason to keep.

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The Fees That Fund Your Rewards Credit Card Are Facing a State Battle

An Illinois law set to go into effect this summer would ban interchange fee on taxes and tips, and has banks up in arms.

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TPG Looks to Cash In on Market Turbulence

TPG raised more than $10 billion in new capital during the recent quarter, bringing its total dry powder at the end of the period to nearly $73 billion.

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Security Strategies Shift Focus to Cyber Insurance

With cyberattacks a when-not-if scenario, companies increasingly rely on insurers to minimize financial pain when prevention fails.

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Risks From Iran War Sway Minneapolis Fed President's Dissent

Neel Kashkari wrote Friday that the central bank should signal that its next rate change could be either a cut or a hike.

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Cboe Is Slashing 20% of Its Staff in Bid to Focus on Core Businesses

The derivatives exchange will also tighten its work-from-home policies and offer voluntary-retirement packages to older employees.

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Ares Management Raises Record $30 Billion in First Quarter Despite Market Fears

The firm dismissed concerns surrounding private-credit fund redemption requests and artificial intelligence disruption.

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Berkshire Has a Website From the '90s and Buffett Fans Say Don't Mess With It

The conglomerate's home page looks like it hasn't been updated in decades. If the new CEO tries to change it, he might have a problem.

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Jane Fraser Turned Citigroup Inside Out. Now Comes the Hard Part.

Under the CEO, the long-beleaguered bank is working through its 13th restructuring. Can Citi shed its longstanding reputation as the banking sector's laggard?


(END) Dow Jones Newswires

May 04, 2026 00:15 ET (04:15 GMT)

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