Dow Jones Top Financial Services Headlines at 11 AM ET: Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally | New ...
MorningStar·- Norway's sovereign-wealth fund posted a record 9.4% first-half return yielding nearly $185 billion in profit, while Bank of America pledged $250 billion to support AI and energy infrastructure. - New York City launched a sweeping investigation into prediction markets like Polymarket and Kalshi, and Nasdaq agreed to acquire LeveL Markets to expand its equity execution venue. - The Reserve Bank of Australia held interest rates steady amid ongoing inflation concerns, and private-credit firms cracked down on loan sweeteners over growing default fears.