Dow Jones Top Financial Services Headlines at 4 PM ET: Kalshi Launches First Perpetual Futures in the U.S. | Big ...
Kalshi Launches First Perpetual Futures in the U.S.
The Commodity Futures Trading Commission has allowed the company to offer perpetuals, which will give U.S. investors access to crypto trading on the prediction market's platform.
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Big Banks Are Raking In Profits as Market Turbulence Shows No Signs of Easing
JPMorgan Chase Chief Executive Jamie Dimon says his bank's trading business could outperform expectations this quarter.
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Fed's Bowman Wary of Reacting to Short-Term Energy Inflation
Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market conditions.
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Financial Services Roundup: Market Talk
Find insight on cryptocurrencies, Kalshi, Asian markets and more in the latest Market Talks covering financial services.
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TD Bank Lifts Dividend After Strong Quarter for Operations
Toronto-Dominion Bank is lifting its dividend payout, joining other big Canadian banks in returning cash to investors following a strong underlying performance in the latest quarter.
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Trump Regulator Moves to Drop Case That Drew Ire of Winklevoss Twins
A $5 million settlement at the end of the Biden administration became the focus of a lobbying campaign by the billionaire brothers.
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Canada Lenders Well Placed to Handle Prolonged Energy-Price Shock, Central Bank Says
Canada's banks have fortified their financial position over the past year and would be able to lend to customers should the war in Iran escalate and lead to a prolonged period of higher energy prices, a Bank of Canada report said.
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Americans Are Falling Behind on Their $1.25 Trillion Credit-Card Bill
Soaring interest rates and stubborn inflation have led to the highest delinquencies since the financial crisis. More families are shifting to "a pattern of survival debt."
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Inflation-Wary Investors Pour Into Short-Dated Bond Funds
Ultrashort bond funds are more popular than ever. BlackRock said that "traditional portfolio diversifiers are challenged."
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Mortgage rates inch up to 6.53% - the latest blow for sidelined spring buyers
U.S. home-loan rates increased on Thursday but are still lower than a year ago.
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The 'Salami Incident' That Has JPMorgan Chase on the Hook for $4.25 Million
The bank plans to challenge a ruling last week involving a wealth manager fired over a Super Bowl party.
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CIBC to Sell Caribbean Arm for $1.6 Billion, Buy Back Shares
The bank said it has agreed to sell its 91.7% interest in CIBC Caribbean to Bank of N.T. Butterfield & Son for $1 billion of cash and 52.1 million Butterfield shares, currently valued at $645 million.
(END) Dow Jones Newswires
May 29, 2026 16:15 ET (20:15 GMT)
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