Cleveland Fed President Says Central Bank Must 'Act Now' to Bring Down Inflation
Cleveland Fed President Beth Hammack has called out the high level and persistence of inflation.
----
A Problem for Bonds: They Aren't Responding to Softer Inflation Data
A sale of 10-year notes drew the highest government costs since 2007 this week.
----
The latest rally has energized the stock market but left the credit market concerned
Options traders are chipper about equities but wary of debt
----
Adyen Shares Jump as Earnings Rise and Growth Accelerates
Stock in the Amsterdam-based payments provider rose more than 9% after first-half earnings increased.
----
Vanguard Conquered the ETF World. Where It's Aiming Next.
Here's how CEO Salim Ramji plans to bring Vanguard's low-cost, high-return formula to cash savings, financial advice, and active fixed income.
----
These ESG Funds Are Seeing Inflows-and Delivering Eye-Popping Returns
U.S. ESG funds saw inflows in the second quarter for the first time in more than three years, with electricity infrastructure and renewable energy themes behind much of the new cash.
----
Financial Services Roundup: Market Talk
Find insight on Aviva, ANZ, ABN AMRO and more in the latest Market Talks covering financial services.
----
Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally
The investment portfolio of the world's largest sovereign-wealth fund returned 9.4% in the first half, delivering a profit of nearly $185 billion before currency effects.
----
New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The probe targets the marketing practices of four prediction markets with operations in the city.
----
Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.
----
ABN AMRO Bank Boosts Guidance as Profit Jumps
The bank's operating income climbed 13% in the second quarter while its net interest income rose 11%.
----
Hannover Re Posts Lower Net Profit on Currency Hit
The company said it remains on track to achieve full-year guidance despite operating in an increasingly challenging market environment.
----
Private-Credit Firms Clamp Down on Loan Sweeteners in Fear of 'Shadow Defaults'
Borrowers have delayed interest payments on billions of dollars of loans, raising concerns that defaults are higher than reported.
----
Flight-Tracking Platform Sues Kalshi Over Flight Cancellation Prediction Markets
FlightAware says such markets could encourage unsafe tactics to cause cancellations and create the potential for disruption to air travel.