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☆ DocuSign chief says company wants to stay public after reports of private equity takeover interest
▼ + stars: | 2024-05-22 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The DocuSign website is seen on a laptop in Dobbs Ferry, New York, April 1, 2021. Contract management platform DocuSign is committed to remaining a public company and is working to convince investors of its artificial intelligence potential, CEO Allan Thygesen told CNBC, after reports suggested the firm had been the target of takeover interest from private equity suitors. "We're focused on building a great, independent public company," Thygesen told CNBC in an interview earlier this week at a partner event the company held in London. "I joined DocuSign as a public company, it's a very exciting time right now, so that's our plan." Bain Capital and Hellman & Friedman were unavailable for comment when contacted by CNBC.

Persons: Allan Thygesen, We're, Thygesen, DocuSign, Bain, Friedman Organizations: CNBC, Bain Capital, Hellman, Reuters, Bloomberg Locations: Dobbs Ferry , New York, London, DocuSign

☆ U.S. Treasury yields rise as investors weigh Fed speaker comments
▼ + stars: | 2024-05-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

ET, the 10-year Treasury yield was up by over two basis points to 4.4374%. The 2-year Treasury yield was last at 4.8626% after rising by nearly three basis points. U.S. Treasury yields were higher on Wednesday as investors considered the latest comments from Federal Reserve speakers about the outlook for inflation and interest rates. A series of Fed officials on Tuesday urged patience when it comes to rate cuts as inflation remains above the Fed's 2% target. On Wednesday, further Fed officials are set to give remarks and minutes from the central bank's latest meeting are due to be released.

Persons: Christopher Waller, Susan Collins, Raphael Bostic Organizations: U.S, Treasury, Federal Reserve, Boston Fed, Atlanta Fed

☆ India’s free press is not so free after a decade of Modi
▼ + stars: | 2024-05-22 | by ( Analysis Aishwarya S. Iyer | ) edition.cnn.com time to read: +12 min

And as Modi looks to win another five years in power in an ongoing nationwide election, critics fear further erosion of the protections afforded to India’s free press. “I think many times before I write stories,” Kappan told CNN. Since his bail, Kappan has struggled to find a permanent job to provide for his family. Kumar told CNN he resigned because Adani’s proximity to Modi and the BJP would leave him unable to continue asking tough questions of the government. “They gave no reasons nor any justifications for why they denied my permit,” she told CNN from Paris.

Persons: Siddique Kappan, Narendra Modi’s, Modi, “, ” Kappan, Kappan, ”, Kaushik Raj, Narendra Modi, Gareth Copley, Shakuntala Banaji, RSF, Kunal Majumder, NewsClick, Prabir Purkayastha, Banaji, Kanchan Gupta, Ravish Kumar, Kumar, Gautam Adani, Vishal Bhatnagar, Dinesh Joshi, Gupta, Avani Dias, Vanessa Dougnac, Dias, Gaurav Bhatia, Dougnac Organizations: New, New Delhi CNN, CNN, Getty, Modi’s Bharatiya Janata Party, BJP, ICC Men's Cricket, India, Journalists, London School of Economics, “, Press, ”, Protect Journalists, Police, LSE, Ministry of Information, Broadcasting, Amnesty, New Delhi Television, NDTV, YouTube, Australian Broadcasting Corporation’s, Ministry of Home Affairs, India’s, Ministry, BBC Locations: New Delhi, India, Uttar Pradesh, Lucknow, AFP, Hathras, Paris, Ahmedabad, Pakistan, Sri Lanka, Nepal, Bangladesh, Delhi, Jaipur, Modi, Asia, Dougnac

☆ 9 little-known growth stocks with exposure to AI or other transformative trends, according to a top-5% fund manager in the last 10 years
▼ + stars: | 2024-05-22 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Industry analysts think the AI revolution is still in its early stages, and longtime fund manager Chris Retzler agrees. But the market veteran believes small, under-the-radar growth stocks—not the well-known companies that have already surged — are the best way to play the AI boom. AdvertisementHow to invest in small caps — and where to find themSince 2008, Retzler has single-handedly managed the Needham Small Cap Growth Fund (NESGX). Plus, investors are overlooking small-cap stocks' exposure to key growth opportunities like AI, data center buildouts, military modernization, and telecommunication improvements, in Retzler's view. "Money doesn't go immediately to small caps — it goes to the next market cap, generally," Retzler said.

Persons: —, Chris Retzler, Retzler, he's, Morningstar, doesn't, Rogers, Lumentum, that's, Generac Organizations: Service, Nvidia, Business, Industry, Growth, MKS, Aspen Locations: ROG

☆ Morgan Stanley's Slimmon names tech stocks to buy at a 'reasonable price'
▼ + stars: | 2024-05-22 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Morgan Stanley Investment Management's Andrew Slimmon has been consistently bullish on stocks — even during periods of volatility. Given the "sky high" inflation numbers in 2022 and 2023, Slimmon said, it's "only natural" that inflation would be on a downward trajectory as the year-on-year comparisons were "relatively easy." Last week, the April consumer price index report in the U.S. showed that inflation eased slightly for the month. "The problem is, as we get into May number, June numbers, July numbers of last year, those CPI numbers really came down quite a bit," Slimmon told CNBC's " Street Signs Asia. " "When you think about Netflix, Amazon, you're talking about two [companies] that give a lot of value to their customers for a relatively reasonable price," Slimmon said.

Persons: Morgan Stanley, Andrew Slimmon, it's, Slimmon, CNBC's, —, Jeff Cox Organizations: Morgan Stanley Investment, CNBC, U.S . Federal Reserve, Treasury, Federal Reserve, Netflix, United Rentals, Waste Management Locations: U.S

☆ U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
▼ + stars: | 2024-05-22 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

Britain’s inflation rate slowed last month to its lowest level in about three years, approaching the Bank of England’s 2 percent target. Consumer prices rose 2.3 percent in April from a year earlier, down from 3.2 percent in March, the Office for National Statistics said on Wednesday. The rate, which declined slightly less than economists expected, was the lowest since July 2021. Food inflation also slowed to 2.9 percent, from 4 percent. The steep decline in headline inflation, closing in on the central bank’s target, signals a new phase in British policymakers’ battle against inflation.

Organizations: Bank of England’s, National Statistics Locations: Ukraine

☆ Fed could cut rates after 1 or 2 months, analyst says
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed could cut rates after 1 or 2 months, analyst saysAlexandre Tavazzi, head of the CIO office and macro research at Pictet Wealth Management, discusses the Federal Reserve's next interest rate move.

Persons: Alexandre Tavazzi Organizations: Pictet Wealth Management, Federal

☆ European markets head for higher open ahead of UK inflation data
▼ + stars: | 2024-05-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European stocks are heading for a higher open Wednesday as regional markets continue to see-saw over the inflation outlook and trajectory of interest rates. Investors in the U.K. will be keeping a close eye on the latest U.K. inflation figures out Wednesday. Economists are forecasting a sharp fall in the April print, driven by lower household energy costs, that could take the headline rate close to, or even below, the Bank of England's 2% target.

Organizations: Bank of England's

☆ UK inflation comes in hotter than expected, slashing June rate cut bets
▼ + stars: | 2024-05-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

U.K. inflation came in hotter than expected with a drop to 2.3% in April, the Office for National Statistics said Wednesday, prompting traders to pull back from bets on a June interest rate cut from the British central bank. Core inflation, excluding energy, food, alcohol and tobacco, dipped to 3.9% in April from 4.2% in March. A dramatic drop in the headline rate was widely expected because of the year-on-year decline in energy prices. Investors were instead set to focus on core and services inflation, after BOE policymakers indicated they would be willing to cut interest rates some time in the summer, but stressed that the timing would depend on fresh data. Following the print, money markets slashed the probability of a June rate cut to just 15%, down from 50% earlier in the day.

Persons: BOE Organizations: National Statistics, Bank of England's, Reuters Locations: Russia, Ukraine, British, U.K

☆ Jamie Dimon is worried about how much the US is borrowing. Here’s why
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.

Persons: Jamie Dimon, ”, ” Dimon, “, Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown, Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, —, United, United Kingdom

☆ 5 investments Morgan Stanley recommends making as US stocks surge by up to 19% — and why a prominent Wall Street bear just abandoned his downbeat view
▼ + stars: | 2024-05-21 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Since then, several major investment firms have lifted their long-term S&P 500 price targets. The firm recommends pairing cyclicals and growth stocks with those attributes so that investors are prepared for stronger or weaker growth. Technology firms using AI need more power, which is a major long-term tailwind for utility companies, Wilson wrote. "We see the recent pullback as an attractive entry point and an opportunity to formally upgrade the sector to overweight," Wilson wrote. "Small-cap valuation is relatively cheap but earnings growth is highly concentrated," Wilson wrote.

Persons: —, Brian Belski, Binky, Morgan Stanley, Long, Mike Wilson, subpar, Wilson, Wilson's, Goldman Sachs, Morgan, Morgan Stanley's Organizations: Service, Business, BMO Capital, Deutsche Bank, optimist, Consumer, Utilities

☆ The decision to sell your home vs. rent it out is 'complicated,' experts say — what to know
▼ + stars: | 2024-05-21 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

A "For Rent" sign is posted near a home in Houston, Texas, on Feb. 7, 2022. Many Americans are sitting on low-interest-rate mortgages and could face a decision when it's time to move: sell or rent out their existing property. By comparison, the average 30-year fixed-rate mortgage was around 7% in May. That makes qualifying for a second mortgage harder, especially without tapping equity from your original property, Gumbinger said. Plus, if you're using rental income to qualify for the second mortgage, lenders typically only consider 75% of your proceeds, Gumbinger said.

Persons: Keith Gumbinger, Homeownership, Gumbinger, homebuyers Organizations: Federal Housing Finance Agency, Finance, Trump, National Association of Realtors Locations: Houston , Texas

☆ Trump VP prospect Doug Burgum and GOP megadonor Harold Hamm are allies in business and politics
▼ + stars: | 2024-05-21 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

Continental Resources donated $1 million to the super PAC in April, according to Federal Election Commission records. A spokeswoman for both Continental Resources and Hamm, its executive chairman, did not respond to a request for comment. All seven wells have been active since 2011, just two years after Burgum's family signed an agreement with Continental Resources. The Burgum Farm Partnership LLP, which oversees the family farm land in Williams County and Cass County, is worth between $500,001 and $1 million, according to the financial disclosure. Doug Burgum is a managing partner of the Burgum Farm Partnership, and he signed the businesses' latest annual report in March.

Persons: Donald Trump, Doug Burgum, Vivek Ramaswamy, Jabin, Harold Hamm, Burgum, Theodore Roosevelt, Sen, Marco Rubio, Rubio, Trump, Hamm, Bradley Burgum, Mike Nowatzki, Nowatzki, Burgum's, He's, Barbara, Edward Hirs, Brandon Bell, Jack Balagia, Ryan Kellog, Kellog, Ted Borrego, —, Virginia Canter, Canter, Chip Somodevilla, he's, Kathryn, Dan Eberhart, Eberhart, Leah Millis Organizations: North Dakota Gov, Margate, Washington Post, Continental Resources, Trump White House, CNBC, Trump, Republican, Trump that's, Inc, Commission, Continental, Federal, North Dakota's Minerals Department, Drilling, LLP, University of Houston, Getty, University of Texas, Exxon Mobil, University of Chicago, University of Houston Law Center, Trump White, North, Canter . North, Burgum Locations: Laconia, NH, Hamm, North Dakota, Williams County, Burgum, Fla, Florida, Dakota, North, Brooklyn, Cass County, Fort Stockton , Texas, Washington, Canter ., Canter . North Dakota, Laconia , New Hampshire, Continental Resources . North Dakota, Pittsburgh , Pennsylvania, U.S

☆ Treasury yields hold steady as investors weigh inflation, interest rate outlook
▼ + stars: | 2024-05-21 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by less than one basis point to 4.4335%. The 2-year Treasury yield was last at 4.8371% after rising by less than one basis point. U.S. Treasury yields were little changed on Tuesday as investors considered the path ahead for inflation and interest rates following a series of remarks from Federal Reserve speakers. Investors assessed the state of the economy, especially regarding inflation, and how this may affect interest rates. On the data front, existing as well as new home sales figures and durable goods orders data are due this week.

Persons: Philip Jefferson, Michael Barr, Barr Organizations: Treasury, Federal Reserve, Investors, Fed

This month, customers of FTX — Sam Bankman-Fried’s cryptocurrency exchange, which collapsed in 2022 — were told that they would get their money back, with interest. David Yaffe-Bellany, our technology reporter, explains what was behind this change in fortune and what it says about the improbable resurgence of crypto.

Persons: Sam Bankman, —, David Yaffe

Jefferies upgraded MercadoLibre to buy and raised its price target on the stock. Asiya Merchant kept her buy rating and and hiked up her price target by $45 to $170, which suggests shares could jump 16.9% from Monday's close. Nodding to the stock's strong recent performance, analyst David Koning downgraded Toast shares to neutral and maintained his $28 price target. Analyst Kashy Harrison downgraded the stock to neutral from overweight and lowered his price target to $4.50 from $9, implying 8.4% upside. He also raised his price target to $2,100 from $1,400, implying upside of about 20% over the next 12 months.

Persons: Jefferies, Piper Sandler, Asiya Merchant, Merchant, Dell, — Pia Singh, Baird, David Koning, Koning, Morgan Stanley, Chan, TSMC, Piper Sandler downgrades, Kashy Harrison, Harrison, Alex Wright, Wright, Fred Imbert Organizations: CNBC, Sunnova Energy, Citi, Dell, Citi Research, TAM, Taiwan Semiconductor, Nvidia, Energy, NOVA, Jefferies Locations: America, Monday's, Kong, securitizations

☆ Oil prices fall on fear of high U.S. interest rates depressing demand
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

Oil storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Monday, April 15, 2024. Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. "Fears of weaker demand led to selling as the prospect of Fed rate cut became more distant," said analyst Toshitaka Tazawa at Fujitomi Securities. Lower interest rates reduce borrowing costs, freeing up funds which could boost economic growth and demand for oil. OPEC+ could extend some voluntary output cuts if demand fails to pick up, people with knowledge of the matter previously told Reuters.

Persons: Toshitaka Tazawa, Philip Jefferson, Michael Barr, Raphael Bostic, Ebrahim Raisi, Ayatollah Ali Khamenei, Mohammed Bin Salman, Fujitomi's Tazawa Organizations: Brent, . West Texas, Federal, Fujitomi Securities, Atlanta Fed, Reuters, Saudi Arabia's Crown, Iranian, Investors, Organization of, Petroleum Locations: Kawasaki, Kanagawa Prefecture, Japan, Saudi, OPEC

☆ Britain's inflation rate could be about to drop below the Bank of England's 2% target
▼ + stars: | 2024-05-21 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesLONDON — U.K. inflation could be about to hit a major milestone, with some forecasting that a sharp fall in the April print will take the headline rate below the Bank of England's 2% target. That would represent a plunge from the current level of 3.2% and could "make or break" a June interest rate cut, economists say. Ashley Webb, U.K. economist at Capital Economics, said that if the headline rate does fall below 2% in April, as he expects, it would be "momentous." "This will be crucial in determining whether the first interest rate cut from 5.25% will happen in June (as we expect) or in August. We think inflation will fall further, perhaps even to 1.0% later this year," Webb said in a Friday note.

Persons: Ashley Webb, What's, Webb, —, BOE Governor Andrew Bailey, BOE, Ben Broadbent, James Smith, ING's Organizations: Bloomberg, Getty, Bank of England's, Capital Economics, Bank of England, European Central Bank, ING Locations: Kingston, London, U.K

☆ Wall Street advisors are flocking to this small law firm to claw back pay from wealth giants like Morgan Stanley and Merrill Lynch
▼ + stars: | 2024-05-21 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

For Ajamie LLP, a Houston law firm with 11 attorneys, taking on banks with billion-dollar war chests is becoming a booming business. This ruling was used by a lawyer on another case, Ohio-based Alan Rosca, to secure a $3 million judgment against Morgan Stanley on March 25. He said he has been contacted by advisors hailing from "really any financial firm that offers deferred compensation to financial advisors." During that suit, Ajamie was contacted by Matt Shafer, the lead plaintiff in the Morgan Stanley case. The Morgan Stanley suit inspired Kelly Milligan, now the named plaintiff in the Merrill Lynch class action, to reach out.

Persons: —, Jack Edwards, Edwards, Morgan Stanley, Morgan Stanley's, Alan Rosca, Merrill Lynch, Sen, Ted Cruz, Wells Fargo, Wells, Ajamie, Matt Shafer, Kelly Milligan, It's Organizations: Service, Ajamie LLP, Business, University of Virginia School of Law, Big Law, RBC Capital Markets, Financial Industry Regulatory Authority Locations: Houston, Ohio, Ajamie, Texas, Carolina

☆ Options traders increased bets on GameStop weeks before its price spiked, setting up for gains near 1,000%. Here's the strategy behind it and the probability of it happening again.
▼ + stars: | 2024-05-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Those strike prices were substantially higher than the stock's price, which was trading between $10 to $16.50 that week. But what Sosnick found interesting was that the open interest went up faster for the $30 strike calls, signaling an expectation that the price would really rally this time. The table below shows the rise in open interest on strike calls of 20, 25, and 30 set to expire by May 17 and the price of the contracts. AdvertisementTom Sosnoff, the cofounder of Thinkorswim and Tastytrade, says there's probably a reasonable explanation behind the rise of open interest in GME. As for the rise of open interest on the 30-strike price, he attributes it to the cheapness of those contracts relative to the other strikes rather than a function of price prediction.

Persons: Keith Gill's, Roaring, Gill, Steve Sosnick, Sosnick, GME, Tom Sosnoff, there's, you'd, Sosnoff Organizations: GameStop, Social, Interactive, Traders Locations: GME

☆ Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash
▼ + stars: | 2024-05-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Related storiesDimon warned against dismissing inflation and elevated interest rates as temporary headwinds. "That's a different world for real estate. It's a different world for assets. It's a different world for private credit. In his shareholder letter this year, he called out market complacency toward the threats of inflation, interest rates, and recession.

Persons: —, Jamie Dimon, largesse, I'm, Dimon, Warren Buffett, there's, It's Organizations: Service, AlphaSense, Business, JPMorgan, Wall Locations: Ukraine, Gaza, Russia, China, It's

☆ Fed Governor Waller wants 'several months' of good inflation data before lowering rates
▼ + stars: | 2024-05-21 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022. Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be necessary. Yet Waller said he's not ready to back interest rate cuts. Markets have had to recalibrate their expectations for monetary policy this year. In the early months, futures markets traders priced in at least six rate cuts this year starting in March.

Persons: Christopher Waller, Waller, he's Organizations: US Federal Reserve, Washington , D.C, Federal, Peterson Institute for International Economics, Market, Labor Department Locations: Washington ,, Washington

☆ Key Players in Trump’s Georgia Criminal Case Win Their Races
▼ + stars: | 2024-05-21 | by ( Richard Fausset | More About Richard Fausset | ) www.nytimes.com time to read: +1 min

Two key players in Donald J. Trump’s criminal case in Georgia won their races on Tuesday night, The Associated Press reported: Judge Scott McAfee, who won a general election race; and Fani T. Willis, the Fulton County district attorney, who won a Democratic primary. The two candidates were considered the favorites in their respective races. But they were running for second terms a few months after the election-interference case against Mr. Trump and his allies hit serious turbulence. In mid-March, Judge McAfee ruled that she could stay on the Trump case if the subordinate, Nathan J. This month, the Georgia Court of Appeals agreed to review the judge’s decision.

Persons: Donald J, Scott McAfee, Willis, Trump, —, Judge McAfee, Nathan J, Wade Organizations: Associated Press, Democratic, Fulton County Superior Court Locations: Georgia, Fulton County

☆ Dollar steady; ether fuels crypto rally
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +3 min

Cryptocurrencies rallied, led by a surge in ether on growing anticipation of an impending approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Against the yen , the dollar rose 0.07% to 156.37 in the early Asian session. However, the still-stark interest rate differentials between the U.S. and Japan maintained the appeal of the yen as a funding currency. Still, the cautious Fed rhetoric has so far done little to significantly alter the market pricing for rate cuts, with investors betting on two cuts this year beginning September. Analysts said the latest crypto rally came on the back of speculation that an approval of spot ether ETFs by the U.S. SEC could be imminent, following in the footsteps of the listing of bitcoin ETFs earlier this year.

Persons: Cryptocurrencies, Carol Kong, Bitcoin, Tony Sycamore Organizations: U.S . Securities, Exchange Commission, SEC, U.S, Commonwealth Bank of Australia, New Zealand, Reserve Bank of Australia's, IG Locations: Japan

☆ Interest rates are still sky-high — but companies aren't feeling the squeeze
▼ + stars: | 2024-05-21 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

The Federal Reserve has not started cutting interest rates with inflation still north of 2%. Yet companies haven't found it this easy to borrow cash since 2022, a Chicago Fed index shows. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Chicago Fed's National Financial Conditions Index, which measures companies' ability to access cash, fell to its lowest level since January 2022 earlier this month.

Persons: haven't, Stocks, — Organizations: Federal Reserve, Fed, Service, Chicago Fed's, Business

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