The Federal Reserve’s hiking cycle suddenly looks alive again. Wall Street was already growing nervous. Oil had pushed back above $100, bond yields were surging, the AI capital-expenditure boom continued to add pressure to credit markets, and Thursday’s producer-price report—which feeds into the Fed’s preferred inflation gauge—came in surprisingly hot. But Chair Kevin Warsh’s ambiguity
The federal interest burden has reached a new height, exceeding even the 1991 record, but analysts warn the risks associated with servicing the ever-growing national debt today are much higher than they were 35 years ago, analysts warn. A recent analysis from investment management firm Doubleline noted that in 2025, the federal net interest payment
A financial crisis that has long been predicted by Russia experts and Kremlin insiders appears to have finally arrived as banks see depositors scramble to pull out their money amid fears it may be seized. In the first half of August, Russians withdrew $3.4 billion (286.4 billion rubles), according to central bank data cited by
The financial giant was worth roughly $970 billion on Monday morning—a modest stock-market rally away from becoming the first bank in the world with a $1 trillion market cap and a far cry from its $138 billion valuation on December 30, 2025, just before he took over. Last month, JPMorgan posted the highest-ever quarterly profit
One in three Singaporean business owners still use their personal bank accounts for their company banking needs, trying to escape high transaction fees, according to a survey from MariBank, a digital bank owned by Southeast Asian tech firm Sea. That creates tax and legal headaches, as business owners find it difficult to deduce their legitimate
Liaquat Ahamed has spent his career studying the moments when the world’s financial system breaks down — the bad bets, the collective delusions, and the geopolitical accidents that tip economies into catastrophe. Right now, he says, he doesn’t like what he sees. “Where we are today is frightening,” Ahamed, the Pulitzer Prize-winning author of Lords of
