Jane Street in talks to shift its $11bn in debt to investors including Pimco
Private credit deal would allow the secretive trading firm to make further investments in AI
Private credit deal would allow the secretive trading firm to make further investments in AI
Christopher Gust, Edward Herbst, and David López-SalidoWe develop a finite-horizon planning model in which firms choose how far ahead to plan when setting prices. Planning further ahead improves a firm's pricing decision but requires cognitive effort.
New rules are changing SNAP eligibility and how retailers can accept benefits. Justin Sullivan/Getty Images NewsFood assistance is one of the most effective tools for fighting poverty in America. New federal rules are testing that reputation.
Fireworks from the Freedom 250 celebration go off after delays due to a thunderstorm in the wee hours of July 5, 2026, in Washington. Photo by Kevin Carter/Getty ImagesFunding and planning for the 250th anniversary of the signing of the Declaration of Independence fell largely to two nonprofits with similar names: America250 and Freedom 250.
Green notices cover significant and/or significant proposals for Bank of England reporting. If any of these proposals are finalised and are to be implemented, they will appear in a statistical notice.
Vanguard and Norway’s sovereign wealth fund strike cautious response to regulator
The agreement signed on Wednesday in Athens, allowing French infrastructure investment group Meridiam to acquire a 66 pct majority stake in the Great Sea Interconnector (GSI), is far more than a corporate transaction. It represents a fundamental geopolitical recalibration of one of the European Union’s most strategically important energy projects.
PM Kyriakos Mitsotakis hopes that the inking of a deal injecting French participation into a landmark cross-border infrastructure project will issue a strong signal going into the summer recess, embodying both his government’s ability to attract large-scale inward investment and to project regional influence.
This paper introduces reduced-form macroeconometric tools, emphasising quantile regression models, to identify key risk drivers for the euro area economy and assess risks around the baseline ECB/Eurosystem staff macroeconomic projections for the euro area inflation and growth. The analysis uses a large number of risk factors, going beyond the usual financial factors, employing a sequential selection approach with robustness checks.
We show that monetary policy transmission is shaped not only by a sector’s own financial frictions but also by those prevailing in the broader production network. The latter, indirect frictions amplify the output and price effects of monetary policy and empirically dominate the direct ones. The amplification results from a downstream demand channel, as customers respond to tighter policy by purchasing fewer inputs. This is partly offset by an upstream cost channel, reflecting that suppliers raise prices to protect margins when financing costs rise.