Bank Stocks Get Walloped. It's An Alarm Bell For Investors. 
 

Shares of Bank of America, Morgan Stanley, and other big banks are down as much as 10%.

 
Blackstone Grants Minnesota Pension an Opt-Out of China in Latest Asia Fund 
 

The Minnesota State Board of Investment approved a commitment of up to $300 million in Blackstone's latest Asia-Pacific fund.

 
Market Upheaval From Trump's Tariffs Could Be Just the Beginning 
 

Investors who think the return to high tariffs will hammer the economy into recession should expect much bigger falls in stocks and bond yields.

 
Venture Market Notches Strong Quarter-Thanks Mostly to One Mammoth AI Deal 
 

Investors say competition for artificial intelligence startups is fierce, and OpenAI's $40 billion fundraise proved it.

 
How the Company Making Nearly All Its Money From the Government Is Navigating Trump's Cuts 
 

Booz Allen's CEO discusses the more than $1 billion in price concessions his firm has offered up and what its business will look like post-DOGE.

 
Goldman Sachs Is Taking Heat Over Top Executives' Pay 
 

Two influential proxy-advisory groups are advising investors to vote against pay packages for two top executives at the bank's annual shareholder meeting this month.

 
Consulting Giants Offer Billions in Cuts to Federal Contracts. It Might Not Be Enough. 
 

Accenture, Deloitte, IBM and other firms submitted proposed price concessions but are expected to be asked to dig deeper.

 
Deutsche Bank's DWS Fined $27 Million in Greenwashing Probe 
 

The asset-management arm of Deutsche Bank agreed to settle an investigation by German prosecutors into allegations that it overstated its environmental, social and corporate-governance practices.

 
Judges Issue Mixed Rulings on Lawsuits Over Private-Equity Pension Deals 
 

Two federal courts made contradictory decisions on lawsuits claiming Apollo Global Management's insurer Athene is too risky to manage pension assets.

 
Are Muni Bonds Still a Darling on Wall Street? It Depends Who You Ask 
 

For investors facing a tall federal income tax bill, munis may make more sense than holding Treasurys or cash-like money-market funds. But tax-exempt issues linger.

(END) Dow Jones Newswires

April 03, 2025 16:00 ET (20:00 GMT)

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