The payments darling in Trump’s crosshairs

US tariff threats against Brazil over payments platform Pix provoke a political storm ahead of elections

Posted on Tuesday July 14, 2026

JPMorgan and Goldman post profit surge on blockbuster trading haul

Wall Street banks seize on jolt of activity in equities markets to post stronger than expected results

Posted on Tuesday July 14, 2026

ECB recruits digital euro critics for pilot

Deutsche Bank, DZ Bank and Groupe BPCE among 36 institutions selected for test of digital currency next year

Posted on Tuesday July 14, 2026

How QE changed banks, and why that makes QT dangerous

An interview with Jill Cetina

Posted on Tuesday July 14, 2026

Has Jane Fraser remade Citigroup?

The bank outperformed peers over the past year but still has far to go to match the profitability of its bigger rivals

Posted on Tuesday July 14, 2026

UK ‘wasted’ nearly £10bn on PPE during pandemic, inquiry says

‘Vast’ sums squandered in health crisis, report finds, as it criticises so-called VIP lane for procurement

Posted on Tuesday July 14, 2026

Democrats are not in great shape

A fractious opposition is doing everything it can to spurn an open goal

Posted on Tuesday July 14, 2026

Oil hits $87 as battle for Strait of Hormuz alarms energy markets

Stocks and bonds hit by higher oil price as fears rise over renewed inflation shock

Posted on Tuesday July 14, 2026

UK borrowing costs hit highest level since May as oil surges

Ten-year yield back above 5% just days before Andy Burnham set to become prime minister

Posted on Tuesday July 14, 2026

JPMorgan reports record profits on blockbuster trading haul

Goldman Sachs, JPMorgan, Bank of America, Citigroup and Wells Fargo all have results on Tuesday

Posted on Tuesday July 14, 2026