A Startup That Uses AI to Spot Financial Fraud Raises $60 Million

IVIX, which sells its software to regulators around the world, is the latest beneficiary of venture interest in the once-shunned area of government contracts.

—-

Private Equity’s Big Fish See Deals Machinery Gearing Up

The largest U.S. firms see brighter days ahead while smaller players struggle to keep up.

—-

NAB Flags Higher Costs as Credit Impairments Hit Profit

National Australia Bank flagged higher annual operating costs due to continued payroll problems, while a steep rise in credit impairment charges sparked a 13% fall in third-quarter profit.

—-

Financial Services Roundup: Market Talk

Find insight on National Australia Bank and China’s recent stock rally in the latest Market Talks covering Financial Services.

—-

Americans Pull Back From an Epic Credit-Card Binge

Credit-card spending is growing more slowly than debit-card spending for the first stretch in years.

—-

Spotting Clouds in a Carefree Summer Market

On a sunny summer’s day, you might think of going to the beach. Or you might list the things that ought to be worrying investors, and mostly aren’t. Your scribe chose the latter.

—-

Winklevoss Twins’ Crypto Platform Gemini Submits Public IPO Filing

The cryptocurrency exchange plans to trade on Nasdaq under the symbol GEMI, according to a filing with the SEC.

—-

Regulators Fine Private-Equity Firm TZP Over Excess Fees

The Securities and Exchange Commission said the buyout firm collected more than $500,000 from investors in miscalculated fees.

—-

World Economic Forum Clears Klaus Schwab of Wrongdoing

The Davos conference organizer shuffled its board leadership and moved to resolve a dispute with its founder.

—-

Powell’s Legacy and the Fed’s Independence Are on the Line at Jackson Hole

Federal Reserve Chair Jerome Powell will offer an economic outlook at the central bank’s annual symposium. The subtext of this year’s speech is more important.

—-

Warren Buffett’s Berkshire Further Pares Stake in Apple, Adds UnitedHealth Position

The conglomerate sold Apple shares during the second quarter, though the iPhone maker remains Berkshire’s largest stockholding.

—-

Private Credit Primed to Profit From New Federal Student Loan Limits

The potential windfall for private lenders could limit access for some student borrowers, student advocates say.

—-

Apollo and Motive Partners Set Up New Private-Markets Servicer

The new company aims to streamline fund managers’ interactions with investors in their asset pools.

(END) Dow Jones Newswires

August 18, 2025 07:15 ET (11:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.