Bloomberg Business

Indonesia’s finance minister said she’s optimistic growth in South East Asia’s biggest economy will hold up despite weakening exports.

JPMorgan Chase & Co. led a surge in major bank shares after the largest US lender boosted its guidance for a key profitability driver for the year.

CXApp Inc. soared 94% on Friday, bringing its rally over the past three days to 941% on the back of a wave of retail investor interest after listing via a SPAC merger with KINS Technology Group Inc.

Bank stress, stubborn inflation, rising recession odds and the fastest Federal Reserve interest-rate hikes in four decades. A lot of things that ordinarily give traders fits have lately been failing to sway the stock market.

The Federal Reserve on Friday approved UBS Group AG’s takeover of the US subsidiaries of Credit Suisse Group AG.

Miami-based digital-asset investment firm BlockTower Capital wound down a “market-neutral” crypto fund that at one point oversaw more than $100 million with the goal of generating returns no matter which direction prices took.

Alcentra Ltd. is among creditors set to take a 20% equity stake in struggling UK subprime lender Non-Standard Finance Ltd. in exchange for forgiving some debt under the company’s proposed restructuring.

Attempts by Iowa Democrats to fix their broken caucus system have set off a partisan squabble over election rules that could ultimately impact the closely watched Republican presidential contest next year — possibly to the benefit of former President Donald Trump.

Justice Samuel Alito put a five-day hold on new court-imposed restrictions on a widely used abortion drug, giving the US Supreme Court more time to decide how to handle the Biden administration’s request for a longer delay.

Wells Fargo & Co. warned about shakiness in the commercial real estate market and said it’s reviewing its more than $35 billion portfolio of office loans for ways to decrease risk.