When deal bankers line up debt buyers well ahead of need, they are not being efficient. They are insuring against a financing market they no longer trust to stay open.
Above: The financial district at first light, viewed from North Sound. The territory administers more than $4 trillion in regulated assets — roughly four percent of the world's hedge fund capital. — for The Journal
A homebuilder moving from profit to loss is more than one company's bad quarter. It is evidence that high rates have locked the market in place rather than cooled it.
Foreign giants borrowing in yen is a quiet arbitrage: even after Japan's rate moves, its bond market remains a low-cost funding source for those who can use it.
An exchange operator planning a futures market for compute is proposing something larger than a new contract: a price signal for the most contested input in the economy.
A volume-led earnings beat from CSG confirms that the post-2024 munitions cycle is broader and more durable than the typical replenishment story.
New graduates are facing the hardest hiring market in years. The right way to read it is as an early warning about the broader economy, not a story about one cohort.
The rupee's slide to record lows is putting India's central bank in a familiar but uncomfortable position — and capital-controls speculation is now part of the conversation.
The rupee's slide to record lows is putting India's central bank in a familiar but uncomfortable position — and capital-controls speculation is now part of the conversation.
Recent NYC municipal contracts have pushed core titles into six-figure territory. The macro implication is a higher wage floor that ripples into private-sector pay benchmarks across the metro.
A cluster of recently ratified New York City public-sector union contracts has pushed total compensation for core operational titles solidly into six-figure territory. The headline grabs attention because of the dollar figure, but the more durable effect is structural: once a major public employer resets the floor for an occupation in a market this large, t
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Elon Musk testifies in the high-stakes OpenAI trial, alleging the company breached its founding mission for profit. Learn how this lawsuit could reshape AI's future.