Oil shock: Iran crisis sends markets into turmoil as central banks hold rates steady
Agencies The global economic landscape in early May 2026 is defined by a high stakes tug-of-war between resilient…
Private credit risks loom over Europe’s banks this earnings season
Banking executives in Europe have moved to calm investor concerns over private credit risks, as lenders’ exposure to…
U.S.-Iran war is coming for your credit score, mortgage application
Pedestrians walk along Wall Street outside of the New York Stock Exchange (NYSE) in New York, US, on…
Macron appoints new chief of staff as ex-aide eyes Bank of France job – POLITICO
Under the French constitution, the bank’s governor is nominated by the French president and is appointed by government…
Blue Owl shares surge after private credit firm cites SpaceX gains
Blue Owl Capital at the New York Stock Exchange, May 20, 2021. Source: NYSE Shares of Blue Owl,…
US Fed holds rates steady in Powell’s final meeting as Fed Chair | Business and Economy News
The central keeps interest rates steady at 3.5 – 3.75 percent amid inflation concerns and global economic strain…
BlueSnap expands payments network into New Zealand
By Aarav Garg BlueSnap, powered by Payroc, has launched local acquiring in New Zealand, expanding its payment orchestration…
German central bank abandons controversial overhaul | Northwest & National News
Germany’s central bank said Wednesday it was abandoning a project to renovate its historic Frankfurt headquarters after furious…
Why geopolitics is making central bankers’ job much harder – POLITICO
His comments will resonate in Frankfurt, where ECB officials are grappling with the economic fallout from the Middle…
German government slashes growth forecast amid Iran war fallout – POLITICO
Inflation to rebound Rising energy prices will likely push inflation back toward 3 percent this year and next,…
EU sanctions more Russian banks to squeeze Putin’s war economy – POLITICO
The sanctions also include four banks from Kyrgyzstan, Laos and Azerbaijan, in a bid to crack down on…
How summits of EU leaders became dysfunctional – POLITICO
“Of course, if you say, well, we need to reform the EU to make it faster, then the…