The latest US employment figures have disrupted expectations that the Federal Reserve could raise interest rates as early as September, but they have not resolved the larger monetary policy dilemma facing the central bank. The July employment report showed an economy that is creating far fewer jobs...

According to Bloomberg, citing a spokesperson from the Dutch Ministry of Finance, Dutch officials have supported Klaas Knot's bid for the presidency of the European Central Bank (ECB) scheduled for 2027. Knot has directed the Dutch central bank for 14 years, holding two successive terms that will...

Should the conditions in the Strait of Hormuz stabilize, Saudi Aramco may resume production levels to those seen before the conflict in just a few days, stated company CEO Amin Nasser during a conference call with analysts. "We can achieve pre-conflict production levels within a matter of days. We...

Hackers have targeted Coldcard hardware crypto wallets and have reportedly stolen around $86 million in Bitcoin, according to Bloomberg, referencing information from Galaxy Research. Over 4,500 of these wallets have been compromised. Coinkite, the Canadian supplier for Coldcard, informed users...

According to Bloomberg's analysis of the Bank of Japan's accounts, Japan probably expended around 5.3 trillion yen ($34 billion) on currency support interventions last Friday, July 31. On that day, the dollar decreased by 1.3% against the yen, which traders viewed as a cue for intervention in the...

Football's latest governance dispute extends well beyond a disagreement over commercial strategy. The strong opposition to FIFA's proposal to bring private investment into a new commercial entity reflects growing concern over who should control the world's most valuable sporting competitions and...

Artificial intelligence is rapidly changing one of the wealth management industry's most established relationships: the interaction between financial advisers and their clients. Instead of relying exclusively on professional advisers for investment guidance, tax planning and portfolio reviews, an...

Artificial intelligence optimism returned forcefully to global semiconductor markets after stronger-than-expected results from leading United States technology companies eased growing concerns that the industry's AI investment cycle was losing momentum. Sharp gains in the shares of South Korea's SK...

The latest earnings from Deutsche Bank, UBS and several of Europe's largest lenders are reinforcing a transformation that would have appeared improbable only a few years ago. Better-than-expected quarterly profits have become increasingly common across the continent's banking sector, extending a...