Fed’s Favorite Gauge Is Seen Showing Faster Inflation

Jun 21, 2026 | Markets

The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year. Forecasters expect the personal consumption expenditures price index, due...

Swiss to Set Up Drone Battalion to Defend Against Hybrid Threats

Jun 19, 2026 | Markets

Switzerland will create a drone battalion by 2028 as the government refocuses the army on defending against hybrid threats and long-range attacks. The Federal Council approved new defense guidelines on Friday, which also include prioritizing protecting critical...

Lutnick’s Anthropic Crackdown Claims New Power Over AI Models

Jun 19, 2026 | Markets

The Trump administration’s push to rein in Anthropic PBC, outlined in a recent Commerce Department order, relies on an unprecedented use of export control laws and raises legal questions about whether the US can dictate who can access artificial intelligence systems....

Abu Dhabi Funds Pour £1.5 Billion Into EQT’s Deal for Intertek

Jun 19, 2026 | Markets, Private Credit

Two of Abu Dhabi’s biggest wealth funds are committing £1.5 billion ($1.9 billion) to back private equity firm EQT AB’s acquisition of Intertek Group Plc, the latest sign of the emirate’s appetite for big-ticket dealmaking despite the cloud of war. Abu Dhabi...

Goldman Axes $500 From Gold Target on No Fed Cuts This Year

Jun 19, 2026 | Markets

Goldman Sachs Group Inc. cut its year-end gold forecast by $500 an ounce as the Federal Reserve is no longer seen easing in 2026. The revised target of $4,900 an ounce for December implies bullion is still expected to gain ground in the second half, although less than...