Euro zone growth will slow this year and inflation surge, forcing the European Central Bank to lift interest rates, even if the economic disruptions caused by the Iran war fade by mid-year, the International Monetary Fund said on Tuesday.
The International Monetary Fund revised its estimate for 2026 global growth lower in its World Economic Outlook update released on Tuesday, with most regions seeing downward adjustments that are directly related to the conflict in Iran. World output is now expected to rise by 3.1% in 2026 after a 3.4% gain in 2025, a downward adjustment from a 3.3% gain for 2026 in the January version of the WEO.
Rimini Street, Inc. (RMNI), the Software Support and Agentic AI ERP Company?, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the following upcoming 2026 Investor Events Schedule. This press release features multimedia.
U.S. home sales dipped last month to their slowest pace in nine months, indicating a sluggish start to what is typically the busiest season for the housing market. A report from the National Association of Realtors revealed that existing home sales fell 3.6% in March from February to an annual pace of 3.98 million units.
U.S. producer prices increased less than expected in March, but that did not change economists' expectations that the Federal Reserve would probably not cut interest rates in the near term amid rising energy costs because of the war with Iran. The report from the Labor Department on Tuesday also suggested the impact on producer inflation from import tariffs was waning.
The US Producer Price Index rose by 0.5% in March, the same as in February and below the 1.1% gain expected in a survey compiled by Bloomberg as of 7:45 am ET. Energy prices jumped by 8.5% in the month after a 2.1% gain in the previous month due to a 15.7% surge in gasoline prices, while food prices fell by 0.3% from a 2.4% gain in February.
Wall Street braced for the Hormuz shock to hit wholesale prices in March. The Producer Price Index for final demand rose 0.5% month-over-month in March, matching February?s pace of 0.5% but landing below the 1.1% consensus estimate, according to the Bureau of Labor Statistics.
U.S. producer prices increased less than expected in March as the cost of services was unchanged, but surging energy prices because of the war with Iran were fanning inflation pressures. A jump in energy prices was partially offset by steady prices for services. In the 12 months through March, the PPI advanced 4.0% after increasing 3.4% in February.
NRG Energy, Inc. (NRG) announced today the commencement of concurrent offerings of senior secured first lien notes due 2031 and senior unsecured notes, consisting of senior unsecured notes due 2034 and senior unsecured notes due 2036. The Notes will be guaranteed by each of NRG?s current and future wholly-owned U.S. subsidiaries that guarantee the term loans under NRG?s credit agreement.
ROSELAND, N.J., April 14, 2026 ?For the four weeks ending March 28, 2026, U.S. private employers added an average of 39,250 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report. It was the fourth straight week of strong job creation. The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average.
T1 Energy (TE) shares were 5.7% lower in Tuesday's premarket activity after the company said it is proposing an underwritten public offering of $125 million in convertible senior notes due 2031. CarMax (KMX) shares were down 4.2% after the company reported lower fiscal Q4 adjusted earnings and net sales and operating revenue from a year earlier.
US equity futures were trending higher on Tuesday amid media reports that the US and Iran may revive their peace talks, while investors await the latest financial results of some of Wall Street's largest banks and data on wholesale prices. The S&P 500 rose 0.2%, the Dow Jones Industrial Average edged up 0.1% and the Nasdaq added 0.4% in premarket activity.
T1 Energy (TE) said Tuesday it is proposing an underwritten public offering of $125 million in convertible senior notes due 2031. The company plans to grant the underwriters a 30-day option to purchase up to an additional $18.75 million of the convertible notes to cover over-allotments.
Caliber, a diversified real estate and digital asset management platform, today announced continued progress in its corporate debt reduction strategy through the completion of the second round of Noteholder Conversion Program,. The most recent round resulted in the conversion of approximately $1.9 million of unsecured corporate notes into shares of Caliber?s Class A common stock in a voluntary ...
T1 Energy Inc. (TE) today announced a proposed underwritten public offering of $125.0 million aggregate principal amount of its convertible senior notes due 2031. The Company intends to grant the underwriters a 30-day option to purchase up to an additional $18.75 million aggregate principal amount of Convertible Notes, solely to cover over-allotments in the Offering.
Bond investors are doubling down on so-called "curve steepener" trades that are bullish on short-dated U.S. Treasuries but bearish on the long end, reflecting expectations that the Federal Reserve will eventually resume cutting interest rates.
Brandon Daniels Will Discuss Unlocking the Next Era of Growth Today at The Conrad Hotel in Washington, DC WASHINGTON, April 14, 2026 Brandon Daniels, CEO of Exiger, the market-leading supply chain AI company and largest provider of supply chain technology to the U.S. Government, will today appear at the Semafor World Economy Annual Convening 2026.
U.S. small-business sentiment dropped to an 11-month low in March as a surge in oil prices because of the war in Iran overshadowed the benefits from low taxes, a survey showed.
The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls.
Former Federal Reserve Governor Kevin Warsh, nominated by President Donald Trump to head the U.S. central bank, reported assets worth well over $100 million in new financial disclosures, putting him on track to be the wealthiest Fed leader if confirmed. It is difficult to estimate net worth from U.S. government ethics forms because assets are valued in broad and sometimes open-ended categories.
Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 million.
Existing-home sales declined 3.6% month-over-month in March to a seasonally adjusted annual rate of 3.98 million units, the National Association of Realtors reported on Monday. "March home sales remained sluggish and below last year?s pace," said NAR Chief Economist Dr. Lawrence Yun. Total housing inventory increased 3.0% from February to 1.36 million units, representing a 4.1-month supply.
The European Central Bank urged European lawmakers on Tuesday to give it a bigger say on banks' overall capital requirements, including those set by national authorities, in a bid to identify overlaps and blind spots.
Treasury Secretary Scott Bessent urged the Federal Reserve to hold off on cutting interest rates for now, especially given the uncertainty surrounding the ongoing Iran war. Speaking in an interview on Monday with Semafor Editor-in-Chief Ben Smith, Bessent said the Fed is ?doing the right thing by sitting and watching? how the conflict plays out.
Most emerging Asian stocks and
currencies firmed on Tuesday as reports of further U.S.-Iran
talks improved risk appetite, while Singapore's central bank
tightened its monetary policy settings ...
A look at the day ahead in European and global markets from Rae Wee. The U.S. military's blockade of Iran's ports has begun, creating more bad news for global oil supply, but never mind that because markets on Tuesday were riding on hopes of a resolution between Washington and Tehran. But the global economy is hardly out of the woods.
The Federal Reserve should "wait and see" before deciding whether to lower interest rates amid the war in Iran, U.S. Treasury Secretary Scott Bessent told Semafor Editor-in-Chief Ben Smith on Monday. Bessent said the U.S. economy was "very strong" in January and February, and that the Fed is "doing the right thing by sitting and watching" how the conflict plays out.
The Federal Reserve should "wait and see" before deciding whether to lower interest rates amid the war in Iran, U.S. Treasury Secretary Scott Bessent told Semafor Editor-in-Chief Ben Smith on Monday. Bessent said the U.S. economy was "very strong" in January and February, and that the Fed is "doing the right thing by sitting and watching" how the conflict plays out.
The Federal Reserve should "wait and see" before deciding whether to lower interest rates amid the war in Iran, U.S. Treasury Secretary Scott Bessent told Semafor Editor-in-Chief Ben Smith on Monday.
Australia's business and consumer confidence crashed as the Iran war unleashed a global oil shock that may tip the local economy into a recession, surveys showed on Tuesday, as policymakers weigh if more rate rises are needed to tame inflation.
HOUSTON, April 13, 2026 Caturus Energy, LLC, today announced that it has priced its private offering of $600 million in aggregate principal amount of 7.125% senior unsecured notes due 2031 at par. The Notes Offering is expected to close on April 27, 2026, subject to customary closing conditions.
Wall Street's main indexes rallied to close sharply higher on Monday as hopes for de-escalation in the Middle East helped investors look past the failed U.S.-Iran talks and focus on the start of first-quarter earnings season. I will go into more detail on today's market moves below.
Federal Reserve chair nominee Kevin Warsh has submitted required paperwork to the U.S. Senate, putting him one step closer to a hearing in the chamber and his eventual installation as Jerome Powell's successor, CNBC reported on Monday, citing two sources familiar with the matter.
Wall Street's main indexes rallied to close sharply higher on Monday as hopes for de-escalation in the Middle East helped investors look past the failed U.S.-Iran talks and focus on the start of first-quarter earnings season. * STOCKS: European stocks close lower as Iran war weighs on sentiment, U.S. stocks stage late-session rally on signs of progress in peace negotiations.
Federal Reserve chair nominee Kevin Warsh has submitted required paperwork to the Senate, putting him one step closer to a Senate hearing, CNBC reported on Monday, citing two sources familiar with the matter. A prior plan to hold that hearing this week had to be delayed after a holdup with the paperwork, the report added. Reuters could not immediately verify the report.
Chris Brigati, managing director and CIO at SWBC, said he was "a little underwhelmed" with the market as volumes and flows were lighter than he expected.
* Iran threatens strikes on Gulf ports. * Investors see few alternatives to Treasuries -analyst. * US home sales hit nine-month low, overshadowed by Iran conflict. * US rate futures price out rate cut this year. By Gertrude Chavez-Dreyfuss.
The global financial system has so far absorbed the economic shock caused by the Iran war, partly thanks to post-2008 crisis reforms, but rising funding costs may exacerbate growing stress in other parts of the system, the chair of the Financial Stability Board warned the G20 on Monday.
The New York Federal Reserve's operations desk plans to conduct about $15.5 billion in reinvestment purchases and an additional approximately $25 billion in reserve management purchases between April 14 and May 13, it said in a schedule released on Monday.
The Federal Reserve Bank of New York said on Monday that the U.S. central bank had a smaller unrealized loss on its expansive bond holdings last year relative to 2024. The paper loss on 2025 holdings stood at $844.2 billion after the 2024 https://www.reuters.com/business/ny-fed-flags-106-trillion-unrealized-loss-bond-holdings-2024-2025-06-03/ unrealized loss of $1.06 trillion.
* Fed reports smaller paper loss on bond holdings for 2025. * Fed says unrealized loss on balance sheet was $844.2 billion in 2025. * Fed says paper loss has no impact on policy mission. By Michael S. Derby. The Federal Reserve Bank of New York said on Monday that the U.S. central bank had a smaller unrealized loss on its expansive bond holdings last year relative to 2024.
The Federal Reserve will now likely deliver just one interest rate cut this year instead of two amid the oil price shock from the Middle East conflict, though the risks for the next rate reduction skew toward earlier rather than later, UBS Securities said in a note e-mailed Monday.
The Bank of England updated its guidance on handling bank failures on Monday, introducing an alternative bail-in mechanism that changes how bondholders are compensated during a rescue, after securing assurances from U.S. regulators.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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