Will Covid and Klarna kill the credit card? Britons’ love affair with their ‘flexible friend’ appears to be on the rocks, as buy now, pay later deals emerge
Why US regulators should allow payment for order flow to continue Banning practice would throw a wrench into the well-oiled machine of the most efficient markets in the world
Global economic data disappointments add to rising growth angst US reports are missing expectations at the highest pace since the depths of the pandemic
Jackson Hole may be virtual, but investor anxieties remain real Powell speech likely leaves us back where we were before the Fed chief spoke on monetary policy
To get the wealthy to pay more tax, first we need to work out why they avoid it Few rich people are outspoken advocates of paying tax
US billionaires’ tax-saving ploys are giving others ideas, as politicians take note An exposé provides a how-to guide for the aspirationally wealthy across America
The downside of the economics of self-reliance If a coming investment push is inward-looking, it might substitute global trade rather than complement it
Markets seem to be missing the risks on US inflation The Fed will eventually have to do more than ‘budge’ on interest rates
Goldman Sachs launches its first actively managed ETF Wall Street bank will invest its own capital in climate-friendly exchange traded fund
Delta chief hits out at transatlantic flight restrictions Ed Bastian voices frustration at White House ban despite ‘all the science why it’s safe’
Fintech: Apple may squash the buy now, pay later party Overvalued sector is already facing regulatory threats
Bank of America and Citigroup revenues decline as lending stalls Low interest rates and shrinking loan books continue to weigh on big global banks
BlackRock chief warns on inflation as staff enjoy 8 per cent pay rise Increase in base salary for global employees comes as asset manager’s earnings beat forecasts
BlackRock: bashful behemoth will only get bigger Ability of the world’s largest fund manager to hoover up money highlights advantages of scale
Russian-founded space start-up and Spac fined for misleading investors US securities regulator brings first charges of kind against Momentus and Stable Road
Goldman Sachs and JPMorgan: dealmakers in vogue Plus, a survival-of-the-fittest battle for European asset management and an activist-versus-activist boardroom scuffle
Private credit joins private equity to freeze out banks Recent $6.6bn buyout of Stamps.com reveals shift in financing for leveraged deals
Loeb’s Third Point rejects dissatisfied investors’ call for meeting UK investment trust denies shareholders a vote on how to address share price discount
Pepsi lifts 2021 outlook as soda sales rebound US group boosted as consumers return to cinemas, bars and restaurants
JPMorgan earnings soar on dealmaking income and $3bn reserve release Bank’s profit more than doubles despite a decline in revenues
Goldman revenues rise despite trading slowdown Investment banking fees jump and asset management unit beats forecasts
British Land: shaky foundations for a recovery Uncertainty manifests itself in landlord’s steep 25 per cent share price discount to its book value
BP takes full control of US fuel station business Energy major buys out PE partner in Thorntons chain in bet on growth in EV charging and convenience sales
