Blue Owl’s clever private-to-public deal makes investors see red
Private capital firm has cancelled a planned merger between two affiliates that lend to middle-market companies
FEDS Paper: Settlement Speed and Financial Stability
Agostino Capponi and Jin-Wook ChangThis paper investigates how settlement speed affects financial stability in payment networks, taking into account netting benefits, liquidity costs, and counterparty risks. Our analysis reveals that faster settlements have ambiguous effects on systemic risk and social welfare. The optimal settlement speed is determined by the network structure and the trade-off between netting efficiency and liquidity costs on one hand, and the probability of counterparty defaults on the other.
Blue Owl’s private credit fund U-turn
Plus, the mega-deal rippling through Wall Street, Hollywood and Washington, and pharma groups stressing buyout firms
September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
Delayed Jobs Data to Give Snapshot of a Labor Market Under Stress
Economists expect that employment growth was anemic in September, before the government shutdown delayed data collection.
Who wins and who loses as the US retires the penny
By now, Americans know the strange math of minting: Each penny costs about 4 cents to make. Chances are you have some in a jar, or scattered among pockets, purses and car ashtrays.
Who wins and who loses as the US retires the penny
By now, Americans know the strange math of minting: Each penny costs about 4 cents to make. Chances are you have some in a jar, or scattered among pockets, purses and car ashtrays.
Final 2026 budget foresees stable growth and strong tax performance
The Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth slightly accelerating, a strong fiscal performance and a downward trajectory for the debt-to-GDP ratio
US-China port spat gives Athens taste of diplomatic challenges ahead
The Chinese embassy in Athens has issued a pointed rebuke to comments by the US ambassador about the ownership of Piraeus port, highlighting the risks posed by the Greek government’s growing alignment with Washington.
Industrial turnover jumps by 13.4 pct YoY in Sep for first rise since Jan
Greece’s industrial turnover recorded a strong rebound in September, with a jump of 13.4 percent year-on-year (YoY), from a 1.5 percent drop in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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