--- title: "Dow Jones Top Financial Services Headlines at 4 PM ET: The Three Minds Leading the Fed's Inflation Rethink | Fannie ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/296650227.md" description: "Dow Jones headlines cover Fed inflation experts, Fannie Mae executive departures, and Bitcoin's surge. Key corporate news includes Monte dei Paschi's $40B acquisition bids, JPMorgan layoffs affecting 800 staff, and EverBank exit struggles. Private equity firms are deploying AI talent, while California leads US startup investment with $366 billion. Other updates involve private credit growth via British pensions and legal firm poaching." datetime: "2026-08-21T20:29:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296650227.md) - [en](https://longbridge.com/en/news/296650227.md) - [zh-HK](https://longbridge.com/zh-HK/news/296650227.md) generator: "portal-rs" --- # Dow Jones Top Financial Services Headlines at 4 PM ET: The Three Minds Leading the Fed's Inflation Rethink | Fannie ... The Three Minds Leading the Fed's Inflation Rethink Greg Mankiw, Thomas Sargent and William White all have strong ideas about why prices rise. Their work could guide how the Fed fights inflation. ---- Fannie Mae Hit by Turmoil in Senior Ranks as at Least 10 Executives Depart The departures are raising concerns about stability inside the government mortgage giant. ---- Bitcoin Surges as Institutional Demand, Short Covering, Clarity Act Progress Converge The cryptocurrency jumped more than 9% to hit a peak of $79,455 on Friday-its highest level since late May-as a combination of catalysts coincided. ---- Italy's Monte dei Paschi Makes $40 Billion Move to Buy Rival Banks The all-share bids for Banco BPM and Banca Generali comes as Monte dei Paschi fights off a takeover offer from Intesa Sanpaolo. ---- Private Equity Is Deploying an Army of AI Wonks to Embed in the Firms They Back Wall Street firms see big business potential in offering AI services to the broader business world. ---- The Fall and Redemption of Bill Miller, the Greatest Money Manager of Our Time He was known as one of the world's best investors, until he got smacked down by the financial crisis. But almost 20 years later, his ideas and legacy resonate strongly. ---- Financial Services Roundup: Market Talk Find insight on Bitcoin ETFs, U.S. stocks linked to cryptocurrencies, Experian and more in the latest Market Talks covering financial services. ---- Layoffs at JPMorgan Hit Highest Level Since 2015 The country's largest bank filed six layoff notices between February and July, impacting nearly 800 employees in Texas, New Jersey, and California. ---- Private-Equity Firms Look for an Exit Three Years After Buying EverBank The five owners of Florida-based EverBank clashed over its strategy after their 2023 purchase. ---- Rainmakers in Talks to Leave Weil Gotshal Amid Poaching Frenzy Two groups that include star lawyers are exploring joining rival firms, the latest disruption in Big Law. ---- Private Credit's Next Big Thing Is $1 Trillion in British Pensions A deal that includes Standard Life, CVC and Goldman Sachs is the latest to tap an increasingly popular source of investor cash. ---- California Draws More Startup Investment Than All Other 49 States Combined Investors have plowed a record $366 billion in venture-capital funding into the state amid the AI boom. (END) Dow Jones Newswires August 21, 2026 16:15 ET (20:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [FNMA.US](https://longbridge.com/en/quote/FNMA.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [JPX.US](https://longbridge.com/en/quote/JPX.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [JPMO.US](https://longbridge.com/en/quote/JPMO.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments](https://longbridge.com/en/news/296124824.md) - [Paul Tudor Jones Is Buying Bitcoin ETF IBIT Again — But His Trade Has Changed](https://longbridge.com/en/news/296136074.md) - [Bitcoin Standard Treasury Company (BSTR) Terminates Business Combination, Team Continues Pursuing Active Bitcoin Treasury Management | CEPO Stock News](https://longbridge.com/en/news/296540800.md) - [Bitcoin lands on the same custody rails Citi uses for equities and bonds](https://longbridge.com/en/news/296272222.md) - [LQWD Technologies CEO to Speak at Bitcoin Asia 2026 in Hong Kong | LQWDF Stock News](https://longbridge.com/en/news/296496835.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**