The key person at the center of last week’s surprise change atop insurance giant American International Group wasn’t Peter Hancock. It was activist investor Carl Icahn.
U.S. stocks fell with government bond yields as a selloff in the oil market deepened. The S&P 500 declined 0.4%.
A glut of U.S. natural gas is turning into a world glut, hampering efforts by U.S. producers to export their way out of an oversupplied market.
Cambridge Associates laid off roughly four-dozen employees last week as the pioneering investment consultant, facing pressures in that business, attempts to remake itself as an investment manager.
Wary of an end to rising commercial real-estate values, big investors turn to funds that make loans rather than those that buy property.
Investors are souring on the pound as the U.K. prepares to start the legal proceedings to leave the European Union, sending the currency back toward three-decade lows even as officials forecast a resilient economy.
The Fed is in focus for emerging markets again. One traditional fear is that higher U.S. rates and a stronger dollar might unsettle emerging markets, but stronger growth is the key element to watch.
In a time of ever-evolving complexity, one source keeps you informed and in control. Get the trusted insights you need, only from The Wall Street Journal. Join Now - Only $12 for 12 Weeks.
