Heard on the Street: When Rep. Elise Stefanik sought an investigation into Harvard’s financial disclosures to bondholders, she might as well have fired a bazooka at the entire private-equity industry | My latest ⁦@WSJheard⁩ ⁦@WSJ⁩

Heard on the Street: For years, UnitedHealth Group’s financial reporting has been a black box. That needs to change. | My latest, with ⁦@david_wainer⁩ @WSJ ⁦@WSJheard⁩ $UNH

Heard on the Street: NRG Energy has volatile earnings, but an accounting switcheroo has let it start acting like some of those gyrations don’t exist | My latest ⁦@WSJ⁩ ⁦@WSJheard⁩ $NRG

Heard on the Street: Are steel tariffs as bulletproof as investors seem to believe? Trump’s latest tariff hike looks vulnerable to a courtroom challenge. | My latest ⁦@WSJ⁩ ⁦@WSJheard⁩ $CLF $NUE $STLD

NRG’s Stock Is a Top Gainer. How Does It Really Make Money? - WSJ | My latest ⁦@WSJ⁩ ⁦@WSJheard⁩ $NRG

Reposting from Feb. 23.

‘Steroid Olympics’ backed by Donald Trump Jr to debut in Las Vegas via @FT | SNL’s @kevin_nealon and Dennis Miller called this one decades ago, before the Soviet Union fell.

Heard on the Street: Harvard’s brawl with Trump casts doubt on its pristine credit | My latest @wsj ⁦@WSJheard⁩ The credit-rating companies say ⁦@Harvard⁩ is triple-A. Its bonds aren’t trading like it.

The price of $TRUMP soared after the token’s holders received an invite for a private dinner with the president. “It will be a night to remember!” | By ⁦@aosipovich⁩ ⁦@jdawsey1⁩ ⁦@AmrithRamkumar⁩ … Can’t wait to see the guest list.

Bets on Treasury Defaults Are Performing Nicely: Heard on the Street (Or: Making America's Short Sellers Grateful Again) | My latest @wsj @WSJheard via @wsj.

Heard on the Street: Republicans looking for cost savings could sink profits at Universal Health Services and other hospital companies | My latest @wsj ⁦@WSJheard⁩ $UHS $THC $HCA

Here’s a stock tip so hot we can’t tell you why because it’s classified | $BAH @wsj ⁦@WSJheard⁩

In times like these, I’m just grateful for any sign of normalcy that comes our way. Thank you, New Jersey, my home state.

Heard on the Street: As bank-earnings season begins Friday with JPMorgan, investors care more about the outlook than prior results | My latest, on tariff tantrums and TBTF @wsj ⁦@WSJheard⁩ | All eyes tomorrow on Jamie Dimon $JPM $WFC $MS $GS $C $BAC

Heard on the Street: CarMax’s Share Buybacks Turned Lemonade into Lemons — or — Timing the market is hard, especially now, even when the stock you’re buying is your own. @wsj ⁦@WSJheard⁩ $KMX

It’s this kind of a week in the capital markets.

TSMC Is Trading So Strangely It Almost Got Back to Normal: Heard on the Street | My latest @wsj @WSJheard $TSM

This bank’s annual report self-destructed in one day. Now its replacement Is late | My latest on The Bancorp Inc. @wsj @WSJheard $TBBK via @wsj.

Heard on the Street: Ford’s fat dividend could be a casualty of tariffs | My latest @wsj ⁦@WSJheard⁩ $F

I don't think I've seen one like this before today. A public company -- in this case a bank that caters to fintechs -- disavows its own annual report after just one day. Bring on the Form 8-K Item 4.02, as the accounting nerds say. $TBBK @wsj @WSJHeard