Fed Names Leaders of Warsh's Task Forces
The external advisers will lead five task forces that will re-examine how the central bank operates.
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Fed's Williams Says Inflation Still Too High, Expects Retreat in Energy Prices
New York Federal Reserve President John Williams noted that policy would have to respond if inflation ends up being more persistent and meaningfully higher than his baseline forecast.
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Fed Officials Flagged Risks That Would Warrant Higher Rates
More officials pointed to the artificial intelligence build-out as a source of persistent inflationary pressures at Chairman Kevin Warsh's first meeting, minutes released Wednesday showed.
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JPMorgan Plans to Target Small-Company Deals as Part of M&A Push
The firm is moving into deals under $500 million, focusing on a generation of baby boomers who are planning business successions.
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Malaysia Central Bank Remains on Hold as Mideast Tensions Rekindle
Bank Negara Malaysia left its overnight policy rate at 2.75%, extending a pause stretching back to July last year.
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Financial Services Roundup: Market Talk
Find insight on U.S. pending home sales, China's fiscal deployment and more in the latest Market Talks covering financial services.
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Insurance giant says it's turning to AI to replace as many as 1,800 jobs
Allianz Partners will axe between 1,500 and 1,800 roles from its workforce of close to 23,000
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Parents of Some Babies Face Delays Opening Trump Accounts
Families received error messages when opening the new type of investment account; the issue appears to affect a limited number of people.
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IMF Drops Recession Warning in Wake of June Ceasefire
Global growth forecast is trimmed slightly, but it no longer warns of a prolonged war triggering a world recession.
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AI Replaced Bankers on a CVC Sale Process
A Greek e-commerce deal is the latest sign of how rapidly developing technology is upending the traditional world of finance.
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UniCredit Nears Control of Commerzbank After Takeover Push
UniCredit said it upped its stake in Commerzbank to nearly half, taking it close to majority control of the bank following a takeover push.
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JPMorgan, Bank of America and Other Banks Explore a Deal to Shake Up Payments World
A deal for a card network could allow bigger transaction fees, but some bank executives are worried about backlash.
(END) Dow Jones Newswires
July 09, 2026 16:00 ET (20:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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