Federal Reserve plans to reduce banking supervision staff
Proposal highlights Trump administration’s push to deregulate financial industry
Economic news
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Meta readies $25bn bond sale as soaring AI costs trigger stock sell-off
Social media group sheds $200bn in market value as Mark Zuckerberg’s investment plans spook investors
State Street withdraws US base from global climate group
Net Zero Asset Managers alliance drops 2050 net zero goals for signatories
Batteries are crucial technology for the 21st century
Their role powering the growth of key industries means we cannot ignore economic security risks
Meta to raise $25bn from bond sale amid soaring AI costs
Move comes day after chief Mark Zuckerberg signalled much higher spending
Now is the time for Argentina to float the peso
Staying the current monetary course implies more chaos, not less