U.S. Job Market Pushes Past Shocks and Strains
Employers added 172,000 jobs in May, adding to a vigorous pace of hiring in recent months. But wage growth is not keeping up with higher prices and consumers remain pessimistic.
Green growth claims are overstated – our study shows three reasons why
Anoopc79/ShutterstockA holy grail of environmental policy is an economy that delivers prosperity without requiring the ever-increasing consumption of raw materials.
FEDS Paper: Settlement Speed and Financial Stability(Revised)
Agostino Capponi and Jin-Wook ChangThis paper investigates how settlement speed affects financial stability in payment networks, accounting for netting benefits, liquidity costs, and counterparty risks. Faster settlement reduces crisis likelihood but amplifies crisis severity. The net welfare effect depends on network topology and proximity to default threshold points—settlement times at which the number of defaulting agents changes discontinuously.
Victorians called burnout ‘overwork’ – and they cured it by holidaying in France
The Beach at Trouville by Claude Monet (1870). The National Gallery, LondonBurnout feels like a thoroughly modern concept – one borne from our age of global digital communication and long office hours. But the Victorians also had an idea of burnout, one they termed “overwork”.
The Fifa men’s World Cup 2026 could be too big for its own good
Nomi2626/ShutterstockThe Fifa men’s football World Cup is one of the most powerful brands in sport, attracting global attention with a simple formula of rarity, intensity and consequence.
White House rejoices over strong jobs report.
The stronger-than-expected report offers President Trump a talking point for the midterms, even as it also reduces the odds that the Federal Reserve may cut rates.
What to know about the jobs report.
Data are pointing toward recovery after a stagnant 2025, though slow work force growth may keep a lid on growth.
With Jobs Market Stable, Fed Is Focusing on Inflation Over Rate Cuts
Officials at the Federal Reserve have turned their focus to resurgent inflation.
How businesses with ties to Jeffrey Epstein saw norms – and even share prices – suffer
Beyond the well-known names, Jeffrey Epstein's network of contacts had infiltrated the boardrooms of hundreds of major U.S. companies, with clear consequences for corporate conduct.
Bank of England and Financial Conduct Authority – Memorandum of Understanding on the supervision of Financial Market Infrastructure
Joint statement from the Bank of England and Financial Conduct Authority
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