USA – Page 9958 – Prologue Journal

Investors Stay Upbeat on Private Equity, Credit

Wall Street Journal A BlackRock institutional investor survey shows most intend to put more money into the asset classes this year. https://www.wsj.com/articles/investors-stay-upbeat-on-private-equity-credit-76ff51ea

Muse Tax, Built on OpenAI’s GPT, Targets Tax Codes

Wall Street Journal The company is one of many across a range of industries that are starting to figure out how to make use of fast-breaking developments in AI. https://www.wsj.com/articles/muse-tax-built-on-openais-gpt-targets-tax-codes-32ebd1e4

UPS and Teamsters Kick Off Contract Negotiations

Wall Street Journal The two sides are to negotiate a new five-year deal as the Teamsters seek an end to the two-tier wage system. https://www.wsj.com/articles/ups-and-teamsters-kick-off-contract-negotiations-c6fe4aa

SEC Chair Gensler to Defend Climate, Crypto Plans Before GOP-Led Panel

Wall Street Journal House Republicans and industry groups say the SEC chair’s agenda shows regulatory overreach. https://www.wsj.com/articles/sec-chair-gensler-to-defend-climate-crypto-plans-before-gop-led-panel-2e3a6ade

Pro Take: A Persistent Holdout in the Fed’s Inflation Fight Leads to the Bakery Aisle

Wall Street Journal Food prices flatlined in March after rising 8.5% over the past year. But with summer “bun season” right around the corner, a time of baseball outings and barbecue, inflation doggedly holds on in baked goods. https://www.wsj.com/articles/pro-take-a-persistent-holdout-in-the-feds-inflation-fight-leads-to-the-bakery-aisle-26166809

Safe Security Raises $50 Million in Series B Round

Wall Street Journal The cybersecurity company has raised $50 million in Series B financing as insurers and regulators drive efforts to assess cyber risk, boosting interest in its wares. https://www.wsj.com/articles/safe-security-raises-50-million-in-series-b-round-54ac9788

Few Banks Are Hedging Interest-Rate Risk

Wall Street Journal As first-quarter earnings season gets into swing, investors are looking for signs of vulnerability—and a recent paper focuses on how banks handle rising rates. https://www.wsj.com/articles/few-banks-are-hedging-interest-rate-risk-21ed1947

U.S.-China Tensions Over Taiwan Put Pressure on Europe

Wall Street Journal The European Union is finding it increasingly difficult to avoid taking a clear position on a potential military conflict. https://www.wsj.com/articles/u-s-china-tensions-over-taiwan-put-pressure-on-europe-64a417dd

Nurse Shortage Pushes Hospitals Into the Gig Economy

Wall Street Journal Apps are luring workers to open shifts with higher pay and shorter hours. https://www.wsj.com/articles/nurse-shortage-hospitals-hiring-gig-economy-dc94bdb2

Warren Buffett and Japan’s Trading Titans Would Be Formidable Allies

Wall Street Journal The Berkshire Hathaway head hinted in a recent interview that his interest in Japan’s trade giants goes beyond just holding their stocks. https://www.wsj.com/articles/warren-buffett-and-japans-trading-titans-would-be-formidable-allies-14696767