Politics
Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest rates
Politics
Politics
Trump calls for Powell’s resignation after IG report on cost overruns
WASHINGTON — The Federal Reserve’s independent watchdog said Wednesday it found no reasonable grounds to believe there was a violation of federal law in a multibillion-dollar renovation project that drew criticism from …
Politics
Christine Lagarde: Interview with La Croix
You have experienced all the major crises: the financial crisis of 2008 when you were the French Minister of the Economy, the Greek crisis and sovereign debt crisis in Europe when you were head of the International Mone…
Politics
New UK gas and oil projects are a ‘no-brainer’, says EDF boss
New oil and gas projects are a “no-brainer” that pose “no contradiction” to the net zero agenda, according to the head of EDF Energy.
Politics
SEC Charges Two Individuals With Orchestrating Fraud Scheme That Targeted Veterans
The U.S. Securities and Exchange Commission announced charges on September 30, 2026, against Christopher Kenji Dinelli and Jacob David “Kobe” Frankel for allegedly orchestrating a fraud scheme that raised more than $8.7…
Politics
Regulating AI 'not the right place to start' says Bailey
The Governor of the Bank of England has said regulating artificial intelligence (AI) "is not the right place to start" but instead called first for "rigorous" testing to find vulnerabilities and create safeguards to con…
Politics
SEC Proposes Amendments to Expand Responsible Retailization of Private Markets
23 March – Retail Investments: The FCA published information and examples to help firms make judgements when designing consumer segments for targeted support relating to retail investments.
Politics
UK income growth revised upwards as markets hail ‘resilient’ economy
Boost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarter
Politics
Energy bills: what to do as prices head for £2,000 a year, from switching deals to insulating
The price cap is to soar for about 20 million households in Great Britain from January, but there are ways to saveEnergy bills in Great Britain forecast to jump by £276 a year from JanuaryHousehold energy prices are set…
Politics
Isabel Schnabel: Monetary policy in a world of overlapping shocks
Inflation is back and weighing once again on people’s everyday lives. Just as the euro area was putting the post-pandemic inflation surge behind it, new shocks have hit.
Politics
Homeowners in England urged to check flood risk: ‘A third of people don’t realise’
Environment Agency warns residents of 6m properties to prepare for a wet and windy three months ahead
Politics
Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements
The Federal Reserve Board on Wednesday finalized changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements. The two final rule…
Politics
Financial Policy Committee Record – September 2026
1: The Financial Policy Committee (FPC) seeks to ensure the UK financial system is prepared for, and resilient to, the wide range of risks it could face, so that it is able to absorb rather than amplify shocks, and serv…
Politics
We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage
Politics
Poundland management in rescue talks that could save 11,000 jobs
Poundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save up to 11,000 jobs.
Politics
Super-rich UK energy and food magnates’ wealth skyrockets amid global crises
Analysis has shown the costs of daily essentials soaring in recent years, thanks in part to climate shocks, wars and geopolitical tensions
Politics
Sales of antiviral drugs fell 20% year-over-year in September
During the first three weeks of September (weeks 36, 37th, and 38th weeks of 2026), Russian pharmaceutical retailers sold 5.7 million packages of antiviral drugs worth 3.4 billion rubles, according to calculations by Ko…
Politics
Energy bills in Great Britain forecast to jump by £276 a year from January
Household energy bills in Great Britain are predicted to reach almost £2,000 a year for the typical household from January as the impact of the Middle East war continues through the coldest months of winter.
Politics
Frank Elderson: Supervisory risk appetite, efficiency and effectiveness
Banks are operating in an increasingly complex environment shaped by geopolitical fragmentation, rapid technological change, volatile energy and commodity prices, rising inflation, demographic changes, growing interconn…
Politics
Fed’s Barr signals more rate hikes needed amid inflation risks
Federal Reserve Governor Michael Barr said additional rate hikes will likely be necessary to bring inflation back to the 2% target. Following last week's FOMC decision to raise the benchmark rate for the first time in t…
Politics
Burnham stakes his future on care, electoral reform and Europe in emotional Labour conference speech
PM says his plan, which includes ending pensions triple lock to fund national care service, will ‘allow us to rise again’
Politics
Agencies publish resolution plan feedback letters for 15 banking organizations
The Federal Deposit Insurance Corporation and the Federal Reserve Board today published feedback letters for resolution plans submitted in October 2025. The agencies did not identify any shortcomings or deficiencies in …
Politics
Trump announces vague ‘morally binding’ AI deal among tech CEOs for ‘tremendous self-policing’
Donald Trump announced on Tuesday that the heads of the largest US tech and AI companies had signed on to a “morally binding” agreement to put controls on artificial intelligence. He announced the deal, called the Joint…
Politics
Will pensioners be poorer as a result of Burnham scrapping the triple lock?
Andy Burnham has set out his plan to transform Britain, including by ending the existing state pension triple lock from 2030 to help fund a new national care service.