Financials

Worries about how long the Iran conflict will linger may hurt profits. That’s bad for Wall Street.

Aluminum stocks are soaring, SpaceX IPO could use a little-known loophole, pro football kicks off new deal with American Express, and more news to start your day.

Amex is replacing Visa as the NFL’s official credit card partner in a seven-year deal possibly worth over $900 million.

The European Commission proposes 17 laws to unite capital markets, backed by major economies.

The crypto exchange’s chief legal officer says prediction markets aren’t subject to state gambling regulations. He’s nearly certain the Supreme Court will eventually agree.

The stresses in private lending are concentrated in just a few sectors and don’t impact bank balance sheets, unlike during the financial crisis.

Oil prices have surged and stocks have fallen in the month since the Iran conflict began, while gold has unexpectedly declined as rate expectations shift.

Josh Harris says markets are experiencing the most volatility in five or 10 years, and that the Federal Reserve is in “a hard position.”

“The impact has been mostly positive,” Kalshi CEO Tarek Mansour said of lawsuits challenging the firm’s prediction contracts.

Todd Combs left Berkshire Hathaway, where he was a top investment manager and the CEO of its Geico unit, at the end of last year. He opens up for the first time about his new role at JPMorgan Chase.

The transaction would create a single entity providing annuities, life insurance, and wealth and asset-management services.

Meta, YouTube ordered to pay damages, Microsoft stock off to worst three-month start to a year, Iran war puts spotlight on Taiwan risks, and more news to start your day.

Technical indicators are pointing to buying opportunities for the three stocks.

From its earliest days, critics have accused investment bankers of profiteering at the expense of ordinary people.

Stifel says it will appeal the blockbuster arbitration award, by far the largest to date involving clients of Chuck Roberts.

Ares Management has begun limiting withdrawals from its Strategic Income Fund as redemption requests rise across the private credit industry.

The brokerage firm says it expects to execute the buyback program over the next three years.

Stocks that can benefit from a good-enough economy with minimal exposure to interest-rate risk.

Oil prices projected to keep rising, shutdown deal nears, Arm Holdings to make its own AI chips, and more news to start your day.

Bill Pulte, director of the Federal Housing Finance Agency, said credit score pricing and credit bureau pricing should be more affordable.

Jefferies stock has fallen 36% this year and SMFG stands ready to act if the falling share price presents an opportunity, according to a report.

The conglomerate also owns stakes of about 10% in five Japanese trading companies

Affirm stock dropped after concerns about private-credit liquidity tied to LENDX. Analysts say funding demand and loan performance remain strong.

Super Micro co-founder accused of violating export-control laws, FedEx raises outlook, Trump’s Powell criticism endangers his nominee, and more news to start your day.

After two decades, JPMorgan Chase’s CEO says he has three or four more years on the job—or maybe more. But even he’s talking about what comes next.