Author: Admin

Federal Reserve Bank of San Francisco president Mary Daly analyzes the March jobs report, the impact of the Iran conflict on inflation and more on ‘Maria Bartiromo’s Wall Street.’ President Donald Trump on Friday touted the unexpectedly high March jobs report following job losses in February. “A very happy and blessed Good Friday to all, especially to the 186,000 Americans who gained Private Sector jobs in the month of March alone!” the president wrote on Friday. “My Economic Policies have created an enormously powerful engine of Economic Growth, and nothing can slow it down.”Trump added that “Factory Construction Jobs are…

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Participants in the UK government bond (gilt) repurchase market are opposing proposed measures to strengthen resilience, including minimum haircuts and mandatory central clearing.In a feedback statement on April 1, the Bank of England summarised market responses to its proposal to enhance gilt repo market resilience, after publishing a discussion paper seeking industry views last September.The bank’s proposed measures included mandating central clearing for gilt repos and introducing minimum Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits, please contact…

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Visa Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026.Michael Nagle | Bloomberg | Getty ImagesVisa is launching six new tools using artificial intelligence to modernize the process of disputing credit card charges, the company told CNBC exclusively.The digital payments company said the tools are designed to reduce the costs and frustration of “outdated” dispute processes for multiple entities involved in the payments process: merchants, issuers and acquirers.”Some of the challenges are these back-office systems are still largely manual,” Andrew Torre, Visa’s president of value-added services, told CNBC.…

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The has fallen by close to 5% in the last month, roughly the span of time since the start of the U.S. conflict with Iran, but some stocks have bucked the trend by heading upward during that window. Of course, certain industries—airlines, for example—have already been hit particularly hard on the anticipation of service disruptions, increased costs related to energy shortages and price spikes, and so on. But some companies—including select firms that pay a dividend as an added bonus for investors—may have further room to run even despite the challenging market conditions. Investors looking for a potential momentum play…

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Italy’s competition authority fined Revolut €11.5 million on April 2 for three consumer protection violations. The €1.5 million charge over IBAN migration reveals the structural cost of serving Italian customers through a Lithuanian licence.    The intelligence layer for fintech professionals who think for themselves. Primary source intelligence. Original analysis. Contributed pieces from the people defining the industry. Trusted by professionals at JP Morgan, Coinbase, BlackRock, Klarna and more. Join the FinTech Weekly Clarity Circle →     Italy’s competition authority, the Autorità Garante della Concorrenza e del Mercato (AGCM), fined Revolut €11.5 million on April 2 for unfair commercial…

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Blue Owl is experiencing elevated redemption requests for two of its private credit funds, according to letters to shareholders issued Thursday.The firm’s flagship OCIC fund, with about $36 billion in assets under management, received redemption requests of about 21.9% of shares outstanding during the first quarter, the firm said. Blue Owl’s smaller, tech-oriented fund, OTIC, received redemption requests of 40.7% during the same period, it said. In both of the funds, Blue Owl opted to cap requests at 5%. Blue Owl attributed the higher-than-usual requests to “heightened market concerns around AI-related disruption to software companies.””We continue to observe a meaningful…

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is China’s music streaming leader, amassing a huge market share. The entertainment company boasts approximately 528 million monthly active users (MAUs) and generated $1 billion in revenue from online music services in its latest quarter. Meanwhile, the company’s top competitor, NetEase, brought in just $282 million in music revenue. With such a wide lead in revenue share, the “Spotify of China” is a fitting moniker for Tencent Music Entertainment. However, unlike Spotify Technology, an emerging competitor is taking serious swings at TME’s dominance, frightening investors. This has been one of the key factors that have caused the stock to fall…

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