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Geopolitical tensions are adding expectations of policy tightening as central banks face new communication challenges, researchers from the Bank for International Settlements have found.The BIS’s quarterly review, published today (September 14), follows the European Central Bank’s rate hike on September 10, and comes ahead of decisions this week by the US Federal Reserve, the Bank of England and the Bank of Japan.The BIS documented that since June 1 “as geopolitical tensions came to the fore 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…

What does the repeal of power plant pollution limits mean?The EPA’s repeal concerns climate pollution standards originally finalized by the Biden Administration in 2024. The regulations applied to coal-burning plants in operation and any prospective gas-burning plants, and required coal plants to install technology to capture most of its carbon emissions by 2039 in order to keep operating, while gas plants would have been required to operate on cleaner fuels, like hydrogen. The Biden Administration predicted that the rule would have prevented up to 1,200 premature deaths, 360,000 cases of asthma symptoms, 48,000 school absence days, and 57,000 lost work days…

The Retail – Apparel And Shoes industry is navigating a complex and uneven macroeconomic backdrop, characterized by resilient but increasingly value-conscious consumer demand. A still-supportive labor market and steady wage growth continue to underpin discretionary spending, but persistent inflationary pressures, higher living costs and still-elevated borrowing costs are prompting shoppers to be more selective. Retailers are responding with tighter inventory management, disciplined pricing and increased emphasis on operational efficiency. Meanwhile, tariff-related pressures, higher sourcing and transportation costs and broader input-cost volatility remain important considerations for margins.Growth opportunities remain tied to lifestyle-driven categories, evolving fashion trends and consumers’ continued preference for…

A report commissioned by GoHenry and developed with Development Economics puts the cost of missing early education on investing at £95,000 per adult. Its survey of 2,001 UK adults, run by Censuswide in March 2026, compared people who received financial education on investing as children with those who did not. The first group reported nearly double the household net worth (£556,000 against £301,000), expected to retire nearly five years earlier and invested more than twice as much each month (£547 against £249). Those without early investment education were three times more likely never to have opened an investment account. Louise…

UK government moves to acquire Speciality Steel UKNewsflash: The UK government has decided to acquire the country’s third-largest steel producer.The Business Secretary Jonathan Reynolds has announced the Government will “work towards” the public acquisition of Speciality Steel UK (SSUK), after ministers decided they could not support its sale to Norwegian steel startup Blastr Green Steel.SSUK has been in liquidation since last year, and was part of Sanjeev Gupta’s Liberty Steel before its recent collapse.The company is an important part of the UK steel sector as it can make steel for use in the auto, aero and defence sectors.According to the…

BEIJING — China on Monday pushed back on calls by U.S. AI executives for companies to slow down the development of the cutting-edge technology.”Fear mongering, confrontation, competition will just disrupt [the] process of global AI governance,” Guo Jiakun, a spokesperson for China’s Foreign Ministry, said on Monday, per an English translation published by Reuters. He was responding to a question about U.S. CEOs, including Anthropic’s Dario Amodei, OpenAI’s Sam Altman and Elon Musk, calling for the industry to slow down because of the dangers rapid advances in the technology pose.China’s Minister of State Security, Chen Yixin, published an article on…

If you think high crude prices are a headache, look a little further down the energy value chain. For independent oil refiners, the stars have aligned into a once-in-a-generation bonanza. Refiners don’t care what crude costs. They care about the crack spread, the margin pocketed by turning a barrel of oil into usable fuels and chemicals. Right now, those margins look like the ultimate holiday bonus, and the stocks of independent refiners are trading near all-time highs. The disconnect between refining capacity and product fuel demand has handed refiners an extraordinarily lucrative opportunity. Rather than a fleeting seasonal spike, independent…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxStashAway has named Nandini Joshi as its new Group CEO. Co-founder Michele Ferrario, who has led the Singapore-based digital wealth platform since 2017, moves to the role of chairman and will continue working with Joshi and the management team.Joshi has served as Deputy CEO and joined the company in 2020. Before StashAway, she spent more than two decades in consumer businesses across Europe and Asia.Michele Ferrario, the Co-Founder and Chairman of StashAway, shared in an email,Michele Ferrario“Since joining in 2020, she’s shaped much of what the company is…

A sign displays unleaded gasoline and diesel fuel prices at a Shell gas station in San Jose, California, Sept. 10, 2026.David Paul Morris | Bloomberg | Getty ImagesU.S. oil prices are again above $100 per barrel, sending gasoline prices to multi-month highs. But traders on prediction market platforms expect the amount Americans are spending at the pump will hit fresh highs this year. Gas prices peaked at $4.56 per gallon on May 21, according to AAA’s national average. Now, traders on Kalshi think there’s a 71% chance that the average will surpass $4.60 in 2026. Speculators on Kalshi also place 57% odds…

CNBC’s Jim Cramer on Friday said falling oil prices helped revive the stock market, but warned that next week’s Federal Reserve meeting could quickly change the outlook for investors.”Thank heavens oil went down today,” the “Mad Money” host said. “It changed everything.”Stocks rebounded Friday as oil prices retreated, helping the major averages recover some of their losses after four straight down sessions. The Dow Jones Industrial Average traded 509 points higher, or 0.98%, while the S&P 500 and Nasdaq Composite gained 0.86% and 0.96%, respectively. Technology stocks helped lead the recovery, thanks to positive updates from Adobe and Oracle after…