A leading ally of Italian Premier Giorgia Meloni endorsed a tax on windfall energy profits as the government prepares to extend measures to cushion the effect of the Iran war.

Meghan Swiber, managing director of US rates strategy at BofA Securities, says the US Treasury can cut issuance at the back end of the yield curve, which she says would send a more impactful message to the market. Swiber also talks about what Fed Chair Kevin Warsh may say at Jackson Hole later this

US equity futures rise after chipmakers rebound. US Treasury Secretary Scott Bessent's plans to isolate Iran risks heightening tensions between the US and China, Tehran's main trading partner. Billionaire investor Stanley Druckenmiller criticizes Bessent's plan to spend billions buying back US bonds

McKesson to acquire Precision Medicine Group for ~$2.25 billion

8.3

Deal adds seasoned FinTech team and deepens Kavaliro's reach in mortgage finance, capital markets and regulatory consulting Deal adds seasoned FinTech team and deepens Kavaliro's reach in mortgage finance, capital markets and regulatory consulting

Lendesca acquires SBA Collective and names Ray Drew Chief Revenue Officer to help community banks expand SBA lending capacity.

Humanitarian worker deaths in South Sudan this year have surpassed the total for all of 2025, according to the European Union.

Russia is discussing extending its ban on diesel exports, as Ukraine continues to strike the nation’s refineries at a record pace.

Pakistan said it has asked the US for a $10 billion facility and expects a response from Washington within a couple of months, as it seeks to capitalize on improved ties with the Trump administration.