Schwab Trading Tops Estimates as Volatility Hits Customers

Published on April 17, 2025

Schwab’s daily average trades jumped 24% in the first quarter to 7.39 million, above analysts’ forecasts.

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US Treasuries Decline as Powell’s Hawkish Message Sinks In

April 17, 2025
US Treasuries fell, snapping three days of gains, as traders pared bets on Federal Reserve interest-rate cuts after Chair Jerome Powell reiterated his commitment to keeping inflation in check.

KKR Will Have to Fight for Private Equity’s Smelliest Deal

April 17, 2025
KKR & Co. is eyeing one of the riskiest deals going right now — buying the owner of London’s creaking water and sewage system, Thames Water. Giving a private equity firm the chance to profit from fixing the mess Thames got into under past private ownership looks bad but makes sense.