Kevin Warsh Is Confirmed as Fed Chair in 54-45 Senate Vote
The divided vote signaled the challenge ahead for Warsh, who faces a Fed committee skeptical of the rate cuts President Trump has demanded.
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Global Nature of Energy Shock Raises Inflation Risk, ECB's Lane Says
The global nature of the rise in energy prices that has accompanied the conflict in the Middle East may lead to slower growth and higher inflation in the eurozone than had the impact been more contained, the European Central Bank's chief economist said.
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The More You Know About This Private-Credit Fund, the Less You Understand
A close look at a Blue Owl credit fund's holdings raises questions about its valuations.
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Corient Is Buying a $7.8 Billion Wealth Manager. Its Deal Spree Isn't Over.
The latest acquisition will expand Corient's presence in the South and Southwest and add a team of 47.
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ABN Amro Shares Climb After Cost Control Lifts Profit
The Dutch bank's earnings beat analysts' expectations and it said full-year costs would be lower than forecast.
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Allianz Profit Rises on Robust Property-Casualty Results
Europe's largest insurer by market capitalization booked €3.69 billion in net profit attributable to shareholders in the first quarter.
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Fed's Collins Says She Could Envision the Need for Rate Hikes
Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could envision a scenario that requires some policy tightening to ensure inflation returns to the central bank's 2% target.
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Bank of Canada on Alert for Quick Change in Inflation Dynamics, Minutes Say
Bank of Canada officials agreed on the need to change course quickly on rate policy depending on developments in the Middle East and trade tensions with the U.S.
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Zurich Insurance Reports Growth in Premiums Across Divisions
Gross written premiums for its property-and-casualty division rose 18%. On a like-for-like basis, property-and-casualty premiums grew 8%.
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Financial Services Roundup: Market Talk
Find insight on the Financial Accounting Standards Board, ABN Amro, Zurich, Allianz and more in the latest Market Talks covering financial services.
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PayPal Reaches $30 Million Pact With Justice Department Over Minority Funding
The case is part of the Trump administration's campaign against corporate DEI initiatives.
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Munich Re Profit Rises With Marginal Hit From Iran War
The reinsurer reported a rise in first-quarter net profit to €1.71 billion and a limited hit in claims from the Iran war.
(END) Dow Jones Newswires
May 14, 2026 00:00 ET (04:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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