finance

This post is the Executive Summary of my 8-part long-form series: * Learning Path to Become a Core Banking Developer ** originally published on my blog.* Who is a Core Banking Developer? A Core Banking Developer is a software engineer responsible for building, operating, and extending the system that processes all of a bank's core financial operations — from managing accounts, processing money tr…

Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsides It’s being billed as the biggest stock market launch in history. Shares in Elon Musk’s SpaceX are poised to be released on 12 June with a valuation of $135 (£100.84). The company plans to sell 555.6m of them, which means it will raise $75bn from the sale. On Friday, it was reported that …

The first trillionaire in history won't make their money from banking, oil, or real estate. They'll make it from rockets and algorithms — and the implications of that distinction are genuinely unsettling. The Problem It's Solving (Or Creating) SpaceX is preparing for its IPO. Analysts tracking the raise estimate it will push Elon Musk's net worth past the trillion-dollar threshold, making him not…

The U.S. stock market had its worst day since October as a sell-off in big technology companies weighed down the broader market

Morgan Stanley Wealth Management announced a new referral arrangement with Galaxy Digital through which eligible clients can lend cryptocurrency to Galaxy and receive shares of exchange‑traded products (“ETPs”) with exposure to spot crypto, including, but not limited to, the Morgan Stanley Bitcoin Trust (MSBT), offered by Morgan Stanley Investment Management. This model is designed for clients th…

The digital asset landscape is growing bigger with real-world assets or RWA tokens gaining a lot of traction. However, it is impossible to deny the fact that most of the activity in the digital asset space is happening because of cryptocurrencies. While cryptocurrency adoption continues growing, it is reasonable to wonder how you can become [...] The post A Complete Roadmap to Become a Crypto Aud…

Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender Halifax Business live – latest updates UK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand. The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop re…

Rolling coverage of the latest economic and financial news UK shoppers return to high street as warm weather brings respite from shadow of war Shares in UK low-cost computer firm Raspberry Pi have hit a record high, after it lifted its profit forecasts this morning. Raspberry Pi’s shares are up 14% to 937p, their highest level since the Cambridge-based company floated on the London stock market i…

Producer of The Rest is … podcasts reports sales of £37.9m, boosted by rise in subscriptions and live events The media production company co-founded by the former England footballer Gary Lineker and behind The Rest is … podcasts is now the fastest-growing business in Britain in a new ranking. Goalhanger made £37.9m in sales in 2025, growing at an average annual rate of 321% over the past three ye…

Generative artificial intelligence is undergoing a brutal transition phase. The euphoria of early deployments is giving way to an uncompromising demand for financial return. As a FinOps strategist, my observation is clear: AI is not a magic solution; it is a power infrastructure. Without rigorous resource management and a dedicated architecture, it risks becoming the greatest value destroyer of t…

Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks.

A Google security engineer was federally charged with insider trading on Polymarket using non-public information about Google product launches and internal events. He allegedly placed bets on resolution outcomes that only someone with privileged access could know in advance. This is the latest (and most high-profile) case showing that prediction markets have become a high-signal, low-friction ven…

For the first time, a team from the inaugural M.S. in Climate Finance program participated in the prestigious Columbia Business School and KKR Private Equity Case Competition.

Stablecoin settlement is what happens when a business receives payment in a dollar-pegged digital currency instead of routing funds through banks and card networks. The result: faster settlement, no chargebacks, global reach, and no currency risk. This guide explains how it works and what it means in practice. The problem with traditional settlement When a customer pays by card today, here is wha…

Since the Iran war led to the closing of the Strait of Hormuz, about 20 percent of global oil supply has been choked off, sending prices sky high, especially for jet fuel. So far, the war may already be costing the airline industry an additional $15 billion. Airlines have responded by raising ticket prices, charging […]

Rolling coverage of the latest economic and financial news A fire has broken out at Tata Steel’s plant in south Wales, with the manufacturer saying it is too early to say whether the incident will affect its operations. Emergency services attended the Port Talbot site at 8pm last night to deal with a fire at one of its processing lines, the company said in a statement. All staff were accounted fo…

Registrations up 7% in the month, with battery EVs recording fastest growth and Tesla jumping 45% as motorists look to cut fuel bills British car sales rose in May to their strongest level for the month since before the Covid pandemic, driven in part by strong growth from the Chinese manufacturers BYD and Chery. Car registrations rose by 7% to 160,662 during the month, according to figures from t…

Exclusive: Analysis shows resort has yet to recoup Disney’s investment despite record revenue and 16m annual visitors Disney has still not recouped $4.2bn of its investment in Disneyland Paris after more than 30 years, even though the resort is now its best-performing international outpost, according to an analysis of recent filings. The sprawling theme park complex swung open its ornate iron gat…

Martina Jančoková, Enrico Mallucci, Martino Ricci and Luca Tondo on whether Euro worked as a safe-haven currency during these trying times. In earlier crises, Euro has not been seen as a safe-haven currency . However in 2025 and 2026, there are signs that Euro behaved like a safe-haven currency. Safe-haven currencies offer refuge to investors […]