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Wall Street’s New Risk Machine

Wall Street’s New Risk Machine

Investors are searching high and low for better returns, and that’s led them into markets beyond familiar stocks and bonds. The yield has been hard to find. The Federal Reserve’s benchmark interest rate was near zero for years after the financial crisis, and even now,...
Microsoft, Nasdaq Partner on Blockchain Services

Microsoft, Nasdaq Partner on Blockchain Services

Microsoft Corp. is partnering with Nasdaq Inc. on blockchain technology. Microsoft said its Azure blockchain services will integrate with Nasdaq’s Financial Framework, which offers software for traders, exchanges and clearinghouses to interact with each other. The...
Uber Boosts Bond Sale to $2 Billion With Orders Swelling

Uber Boosts Bond Sale to $2 Billion With Orders Swelling

Company’s first note offering was slated to be $1.5 billion IPO bankers have told a company it could be worth $120 billion Uber Technologies Inc. increased the size of its debut bond offering as orders for the private placement swelled in a market hungry for deals,...
Hurricane Michael’s path puts cotton, commodities at risk

Hurricane Michael’s path puts cotton, commodities at risk

Hurricane just 2 mph shy of Category 5 status at landfall Strength starts to drop as it heads toward Georgia, Carolinas Hurricane Michael became the strongest storm to hit the U.S. mainland since 1992, and one of the four most intense in history, with winds that...