Nationwide to crack down on payment message harassment
Ex-partners are subverting the ‘payment reference’ feature in bank transactions to send abusive messages
Economic news
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UK regulator pushes private credit groups to share more data
Fast-growing market comes under greater scrutiny for potential risks after series of setbacks
US sells 30-year bonds at 5% yield for first time since 2007
The $25bn auction comes hours after data showing sharpest rise in producer prices since Russia’s invasion of Ukraine
Private credit is not ‘a cancer’, says Wall Street’s top prosecutor
Manhattan US attorney Jay Clayton calls the industry a ‘great benefit to the US’
Saudi Arabia launched strikes against Iran
Riyadh wanted to show it was defending itself but told Tehran it was not joining broader US-Israeli assault
Shares surge in debut of power producer favoured by Trump energy agenda
Geothermal generator Fervo uses renewable energy technology that has garnered rare administration support