Move is a departure from the practice of simply asking underperforming senior partners to retire
Read MoreUnder Warsh, the Fed could embrace Bessent’s geoeconomic agenda
The Treasury secretary wants to use swap lines to lock in dollar supremacy
Read MoreAmerica must guard against China’s own Mythos
The US needs to block Chinese access to the most advanced technology
Read MoreMorgan McSweeney held talks with Google DeepMind over AI project
Former Labour chief of staff pitched venture to tech group about the crossover between artificial intelligence and democratic politics
Read MoreThe limits on Bessent’s Treasury swap lines for allies
The US provided Argentina with a $20bn swap line, but similar offerings to Gulf and Asian allies would face constraints
Read MoreBanks charged sharply different fees for access to Anthropic investment
Disparate pricing raises prospect of investors earning unequal returns in the same deal on the basis of who their banker…
Read MorePolish PM questions whether US is ‘loyal’ to Europe’s defence
Donald Tusk says EU should bolster its own Article 42.7 mutual defence clause
Read MoreTrump says Israel and Lebanon will extend ceasefire by 3 weeks
President says US Navy will ‘shoot and kill’ any boat laying mines in Strait of Hormuz
Read MoreVanguard chief warns of ‘financial exploitation’ by prediction markets
Boss of $12tn asset manager echoes criticism of platforms such as Polymarket and Kalshi
Read MoreUS soldier charged in prediction market bets on Maduro’s seizure
Member of military was involved in planning Venezuela operation and allegedly made $400,000 on trades about mission
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