Americans have poured money into cash-like investments since the Fed began raising interest rates, driving assets in money-market funds to a record $6.12 trillion earlier this month.

Honeywell International has struck a roughly $2 billion deal to buy aerospace and defense technology company CAES Systems from private-equity firm Advent International.

Futures markets Friday showed investors think there is a better than 70% chance that the Fed will cut rates at least twice this year, with the first cut most likely happening in September. That was double the chances seen in late May.

Federal Reserve officials penciled in just one interest-rate cut for this year, indicating most are in no hurry to lower rates, even after a widely watched report showed inflation improved last month.

In 2008, the U.S. accounted for about a quarter of all outstanding debt issued by the governments of rich countries. Now it accounts for about half.

Americans in the first quarter earned about $3.7 trillion from interest and dividends, up roughly $770 billion from four years earlier.

Goldman Sachs Asset Management’s alternative investment platform raised more than $20 billion for senior direct lending in its latest fund targeting private-equity-backed global businesses.

The yield curve has been inverted for a record stretch—around 400 trading sessions or more by some measures—with no signs of a major slowdown.

Federal Reserve officials concluded at their most recent meeting they would need to hold interest rates at their current level for longer than they previously anticipated after a third straight disappointing inflation reading last month.

Regulators are considering making significant changes to a recent proposal that would require banks to have more capital. In bottom-line terms, regulatory agencies had previously estimated that the core capital requirement for the largest categories of banks would rise by 19%, or roughly $150 billion more capital for the eight U.S. global systemically important banks.