Dow Jones Top Financial Services Headlines at 12 AM ET: Fed Independence Reaches Its Moment of Truth as Supreme Court Weighs Cook's Fate | Lisa …

Fed Independence Reaches Its Moment of Truth as Supreme Court Weighs Cook’s Fate

The court is poised to decide whether President Trump can remove Lisa Cook from the Federal Reserve’s board, which former officials see as threat to central bank independence.

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Lisa Cook Tells Supreme Court the Fed’s Independence Is at Stake

She argues that allowing the administration to remove her would “transform the Federal Reserve into a body subservient to the President’s will.”

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Accenture Posts Higher Sales, Shrugging Off DOGE Concerns

Accenture posted higher fourth-quarter sales as it shrugged off concerns about the impact federal government cuts could have on its revenue.

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Goldman Sachs Investment Vehicle Set to Delist in London

Shares of Petershill, which owns stakes in private-equity firms and hedge funds, had fallen since its IPO.

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Consolidation Surge Hits Healthtech

Mergers and acquisitions of healthcare-technology startups jump as profitable companies pick off smaller players.

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The Robots Are Coming: AI Can Now Pass One of Finance’s Hardest Exams

A new study shows that many leading AI models can pass the CFA Level III exam.

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Canada Watchdog Projects Wider Deficits in Near Term Amid Tariff-Fueled Struggles

Canada’s budget deficit is projected to widen and surpass 2% of the economy for the current and coming fiscal years due to weak growth and spending measures planned by Prime Minister Mark Carney to rewire the economy, according to the country’s fiscal watchdog.

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Financial Services Roundup: Market Talk

Find insight on Forsyth Barr, Srisawad Corp. and more in the latest Market Talks covering Financial Services.

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Ridgemont Equity Collects Nearly $4 Billion for Latest Fund

The firm easily exceeded the fund’s target size despite slowing private-equity fundraising overall.

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High Earners Age 50 and Older Are About to Lose a 401(k) Tax Break

The option to make pretax catch-up retirement contributions is going away for some savers.

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Wall Street Is Poaching Bankers in a Red-Hot Job Market

Dealmaking is picking up, and big firms are hunting for more bankers, even as hiring slows in many industries.

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Founders Fund Makes Its Only Bet in Legal AI. It’s in Brazil.

The venture firm co-led a Series A round alongside Sequoia Capital in São Paulo-based startup Enter.

(END) Dow Jones Newswires

September 26, 2025 00:15 ET (04:15 GMT)

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