China’s financial sector is on track to outpace the broader market’s earnings growth, with forecasts for the nation’s banks and insurance firms climbing steadily since August.

Prudential Financial Inc. reported a record quarterly profit that beat analysts’ estimates, driven by a 10% rise in net investment income that was helped by bets on alternative assets.

Wall Street was shaken Wednesday as evidence of division at the Federal Reserve over the future of monetary policy whipsawed stocks and pushed bond yields higher.

Gold pared gains after Federal Reserve Chair Jerome Powell downplayed the likelihood of a December interest-rate cut.

Hertz Global Holdings Inc. pushed Delaware’s top court to reverse a series of lower court decisions letting its insurers off the hook for $168 million paid by the car rental company to settle claims over its theft-prevention practices.

Edison International‘s Southern California Utility unveiled a final Eaton Fire compensation plan Wednesday that sweeps in more residents but leaves unchanged its repair offer for smoke-damaged standing homes.