Minutes from latest meeting highlight growing concerns about rising inflation sparked by Iran war
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Fed officials see rate hike ahead if inflation stays elevated, minutes show
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on April 29, 2026.…
Read MoreZuckerberg promises no more ‘company-wide’ lay-offs after slashing jobs
Meta chief seeks to reassure disillusioned employees after culling 8,000 roles
Read MorePrivate equity’s new escape hatch keeps unsold companies in limbo
Growing use of so-called CV squared funds highlights downbeat era for public offerings to realise gains
Read MoreJPMorgan banker fights back over ‘fabricated’ sex harassment claims
Female leveraged finance executive says allegations are concocted for ‘improper purpose of personal enrichment’
Read MoreIs Nvidia too big to fail?
‘You’re clearly at the centre of everything’
Read MoreOpenAI readies IPO filing to list as soon as September
AI lab is preparing for $1tn listing with bankers Morgan Stanley and Goldman Sachs and lawyers at Cooley
Read MoreStanChart does damage control after boss calls staff ‘lower-value human capital’
Bill Winters says cutting almost 8,000 jobs reflects changing work practices and not ‘value of our people’
Read MoreItaly’s biggest bank explores bid for Spanish wealth manager
Intesa Sanpaolo prepares formal offer as Warburg Pincus seeks sale of Singular Bank
Read MoreBarney Frank, US congressman, 1940-2026
First openly gay member of Congress led landmark banking reforms in wake of financial crisis
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