By reducing additional capital requirements, banks would be freer to reward shareholders and clients.

Worries about a slowdown in sales ahead of a major chip upgrade look misplaced.

They are putting the money toward student debt, vacations and animal shelters.

Preholiday costs are about 5% below their inflation-adjusted average since 2000.

The price of China’s new 30-year sovereign bonds has whipsawed since their recent debut, as small investors pile into a bet seen as safer than the country’s property and equities markets.

Capital Group and KKR will launch two hybrid funds next year that will invest in public and private markets.