Bloomberg Business

A senior official at the Federal Reserve Bank of New York said the central bank’s balance-sheet runoff has been running smoothly with “no significant” disruptions to markets, but the Fed will continue to monitor for risks.

Bank of Nova Scotia is partnering with Sun Life Financial Inc.’s asset-management division to give the lender’s affluent clients in Canada the chance to tap into private credit and other alternative assets growing in popularity.

For two decades, Amy Wu Silverman has tracked fear and greed across Wall Street by keeping a close eye on the twists and turns in the Cboe Volatility Index.

There is an increasing probability that Europe will experience a significantly warmer winter than usual, potentially reducing the demand for heating fuels.

California state assemblyperson Ash Kalra is preparing to reintroduce a bill early next year that would create a program known as CalCare to provide the same package of health-care benefits to all residents and make the state solely responsible for reimbursing providers. This time around, the effort has more momentum, but still faces a number of obstacles.

HSBC is considering whether to enter Europe’s $300 billion collateralized loan obligation market as an arranger, according to people familiar with the matter.

US small-business optimism dropped to a four-month low in September, reflecting worsening expectations for the economy and credit conditions.

Global oil markets may be facing heightened risk from tumult in the Middle East, but they’re better equipped to weather the shock than during previous crises.