Brazil’s Monetary Hangover: Why Lula’s Fiscal Push Keeps Interest Rates High
President Luiz Inacio Lula da Silva’s administration is publicly frustrated with high interest rates, but the numbers tell a simpler story
Banking
Which Risks Forced The ECB To Tighten Monetary Policy
According to the ECB, rising energy costs caused by disruptions in the Middle East have increased the risk of higher prices across the euro zone
Why Are OpenAI And Visa Joining Forces On Payments
The partnership is designed to streamline the entire purchasing process, from product selection to payment completion.
US Attorney Pirro Opening Probe Of ‘Debanking’ by America’s Biggest Financial Institutions
Among the banks being scrutinized are JPMorgan Chase, Bank of America, and Wells Fargo, the Journal reported.
Bitcoin Could Fall Below $60,000 In 2026, Forecasts Show
The cryptocurrency has fallen more than 45% from its peak above $120,000 reached last October
Why Is Morgan Stanley Opening Its Platforms To AI Tools
AI agents will be able to retrieve data and insights directly from the firm's ShareWorks and Equity Edge platforms, reducing reliance on traditional user interfaces designed for humans.
Why Could U.S. Troops Soon Be Banned From Prediction Markets
The proposal would require Defense Secretary Pete Hegseth to establish regulations barring personnel from placing trades when they possess nonpublic information or could reasonably obtain such information through their roles
Remembering The Mogambo Guru
To the Mogambo Guru, the Federal Reserve were a gang of drunken arsonists locked inside the nation’s monetary basement, ecstatically spraying gasoline on the future while court economists in bespoke suits assured the public there was nothing to worry about.
Powell Says Fed Independence Faces Growing Political Threats
Powell said the Federal Reserve, along with institutions such as courts and universities, is facing a political "stress test" under President Donald Trump's administration.
There Is No Reprieve In The Fed’s War on Savings
The savings account was not a sophisticated instrument. It was a vessel for deferred consumption—a way of translating present discipline into future security. The interest it paid was modest, but it moved in the same direction over time.
What Higher Bond Yields Mean For Stocks, Mortgages And Inflation
U.S. bond yields have climbed to their highest levels in a year as investors brace for prolonged inflation linked to the Iran conflict and soaring oil prices
Trump-Era Fed Pick Kevin Warsh Takes Charge Of U.S. Central Bank
President Donald Trump, who has repeatedly pushed for lower interest rates, said Warsh should remain “totally independent” while leading the institution.
Housing Market Faces Pressure As Mortgage Costs Climb
The average 30-year fixed mortgage rate rose to 6.51%, the highest level since August last year.
