Jes Staley to appear before Congress over ties to Jeffrey Epstein
Former Barclays boss agrees to in-person interview with US lawmakers over his relationship with paedophile
A.I. Doesn’t Have to Mean Layoffs
A French multinational, Schneider Electric, decided to use artificial intelligence in manufacturing to make workers more productive, rather than to replace them. Here’s how that’s going.
Crypto treasuries turn to risky equity in drive to raise cash
Companies that stock up on crypto assets are following Michael Saylor’s Strategy into so-called digital credit
Wealth tax fears reignited by UK leadership uncertainty
Contenders Streeting and Burnham have both hinted at tax reforms
Top UK building societies plot bids for digital bank Atom
Fintech’s owners hope the business will fetch about £600mn but industry executives say final offers could be lower
JPMorgan chases retail banking’s golden fleece
US bank’s international expansion is gaining some traction
Universal Music declines takeover offer from Bill Ackman’s Pershing Square
Hedge fund billionaire argued moving record company’s listing from Amsterdam to New York would unlock value
Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus
U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.
Citadel Securities posts record $4.3bn in trading revenues on Iran volatility
Market maker earns $1.9bn in first-quarter net income as oil prices and Treasury rates seesawed
FEDS Paper: Alternative Scenarios at the Federal Reserve from 1968 to 2020: Data, Interpretation, and Evaluation
Edward Herbst, Scott Konzem, and Cristina ScofieldWe comprehensively document 1,265 Federal Reserve staff alternative scenarios presented to the Federal Open Market Committee in publicly released materials from 1968 to 2020. Scenarios grew in frequency and sophistication, typically spanning a range of outcomes around the baseline.
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