The junk debt market is looking hot for the summer as a drought in buyouts and demand for floating-rate debt work in issuers' favor.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Following a similar move by Robinhood, the online investing platform said it will also offer 24/5 trading initially with a menu of 100 US-listed stocks and ETFs.
Surging delinquencies on such consumer debt, as well as problems in the housing market, raise the stakes for the Fed's next move on interest rates.
Investors await quarterly results from tech giants Microsoft, Meta, Apple, and Amazon, as well as the Federal Reserve's key July rate decision.
A growing complex of ETFs and other exchange-traded options, with BlackRock now having the world's biggest Bitcoin ETF, is giving institutions a liquid and legitimate onramp to the crypto space.
The tie-up between Goldman Sachs and BNY will help money funds hold their own against the rise of stablecoins while unlocking other uses, according to strategists.
The alternative assets giant saw a second-quarter surge in earnings, driven in significant part by a private equity vehicle targeting wealthy investors.
President Donald Trump's call to force rates down 300 basis points would produce far less than his hoped-for $1 trillion in savings, analysts say.
Staffing shortfalls, new policies, and increased demand for clarity create potential speed bumps for tax planning and compliance.
