Dow Jones Top Financial Services Headlines at 12 AM ET: 'Tech Is Back': Fund Investors Recovered in April | Not ...
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The Dow Jones financial headlines highlight a recovery in tech funds, with a 10.3% increase in April. Berkshire's new CEO, Greg Abel, discusses acquisition targets while ensuring company culture remains intact. The Fed is shifting focus from rate cuts to potential hikes, amidst concerns over new Illinois laws affecting credit card fees. TPG raised over $10 billion in capital, and companies are increasingly turning to cyber insurance due to rising cyberattack risks. Cboe plans to cut 20% of its staff to concentrate on core operations, while Citigroup continues its restructuring efforts under CEO Jane Fraser.
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