Key Points
In a 2025 article, “The Fed’s New ‘Gain of Function’ Monetary Policy,” Treasury Secretary Bessent states the Federal Reserve’s (Fed) foray into Treasury markets is effectively a “gain-of-function monetary policy experiment.”…
This October 22 and 23, history will unfold in Nairobi. For the first time, Africa will host a Pan-African festival dedicated to reparations for slavery and colonial crimes. The event, titled Wakati Wetu - Swahili for "Our Time" - will…
Gustavo Ocando AlexReporting from Maracaibo, Venezuela for BBC News MundoGustavo Ocando AlexWilder Fernández is a young fisherman in the west of Venezuela who is concerned by the US military presence in the CaribbeanWilder Fernández has…
We had a strong opening today, mainly because beat and raised its guidance due to the AI boom. Taiwan Semiconductor is the bellwether for semiconductor manufacturing, so this is very good news. I’m not recommending Taiwan Semiconductor…
Thank you for the opportunity to speak to you today.
Payments innovation is accelerating.1 Stablecoins, artificial intelligence (AI), real-time payments, and richer payment…
We may be lacking official government data, but the Federal Reserve is still working and speaking to contacts throughout the economy. The messages back aren’t particularly comforting though, and this will keep the Fed in cutting mode…
With 17 votes for, 6 against and 2 abstentions, the Legal Affairs Committee approved its position on a series of changes to sustainability reporting and due diligence requirements for companies.
Reduced social and environmental reporting…