A fund set up to protect investors from market volatility has plunged from its peak in late 2021, as a swan of a different color upends predictions.

Morgan Stanley CEO James Gorman calls for regulators to contain bank risk with ‘vigilant oversight’ in order to shore up confidence in financial firms.

A bellwether of business conditions at U.S. companies fell to a 3-month low of 51.2% in March and signaled slackening growth as strains mount on the economy.

Gold futures head higher for a third consecutive session Wednesday, a day after climbing within 2% of their record settlement high.

FedEx Corp. plans to consolidate its operating companies into one organization, it announced Wednesday.

Michael Saylor’s MicroStrategy has purchased more bitcoin, bringing the total to 140,000 bitcoin held by the company.

These companies are expected to buck a trend for a slower pace of dividend increases among the S&P 500.

The erstwhile “SPAC King” Chamath Palihapitiya, the founder of Social Capital, said in an annual letter to investors that the Federal Reserve’s interest-rate hikes over the past year have been “akin to getting cold water thrown in our faces.”

The movie theater chain’s stock had plunged on news of the stock conversion settlement.

Assured says sale of its Assured Investment Management LLC (AssuredIM) unit will add to its earnings.