Brent Crude Rises Above $50 a Barrel
Brent crude prices rose above $50 a barrel in early Asia trade, as a recent decline in U.S. crude stocks raised expectations for a tightening in the market.
Energy Shares Boosted by Oil’s Rise
Energy shares rose across Asia as oil prices breached a key threshold, though lingering concerns about a U.S. interest-rate increase capped gains in stocks.
Wells Fargo to Offer Low-Down-Payment Mortgages Without FHA Backing
Wells Fargo & Co. is rolling out a new mortgage for borrowers making minimal down payments, an offering that could allow the bank to step back significantly from a controversial Federal Housing Administration program.
LendingClub Fund Falters
A fund controlled by LendingClub that invests in the company’s online consumer loans suffered one of its worst monthly performances for April and disclosed it was buying riskier loans than originally intended.
Wall Street Crime: 7 Years, 156 Cases and Few Convictions
A Wall Street Journal analysis shows not only the rarity of proceedings brought against individual bank employees, but also the difficulty authorities have had winning cases.
Unhedged
Trillions in Debt—but for Now, No Reason to Worry
U.S. household borrowing is nearing precrisis peaks; global debt has already topped 2008 levels. A near-term debt crisis is unlikely, Ken Brown writes. But longer-term, the risks are mounting. 52
Banks Ramp Up Risk With Big Trades to Help Companies Sell Stock
Wall Street firms have been doing more deals that help companies sell large chunks of stock, a process in which banks buy the shares and hope to sell for a profit later that day. But such block trades expose them to more risk.
S&P 500 Stocks
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