U.S.
Inside the Supreme Court’s budget
The July 2026 hearing discussed security and operations. Recurring costs, one-time investments, and enacted amounts are different measures.
July 15, 2026 Michael Grant
Investment Banking Blog: Finance, Business & Markets
A finance blog with sourced explainers, commentary, and case studies on markets, business, and public policy.
MarketsWhen the S&P 500 rises but most stocks fall: the July 6 example
July 7, 2026
The July 2026 session illustrates the difference between an index’s return and the number of companies participating in its gains.
MarketsSpaceX’s IPO: distinguish offer proceeds from company value
June 12, 2026
SpaceX’s June 2026 filing shows why the offer price, gross proceeds, net proceeds, and company valuation are different figures.
MarketsFutures, opening prices, and the close: lessons from June 9, 2026
June 10, 2026
The chip-led rebound illustrates why the time of a quote matters when interpreting a market report.
MarketsTesla Q1 2026: the results behind the AI investment story
April 20, 2026
Revenue, automotive margins, and cash flow describe Tesla’s reported quarter. AI and autonomy plans require a separate assessment.
BusinessBritannia Global Markets Strengthens Its Board with Lord Stanley Fink Appointment
August 20, 2026
Lord Fink's arrival as Chairman brings strategic depth, institutional experience and a strong governance signal to Britannia Global Markets.
BusinessWhy diplomatic headlines moved stocks and oil in May 2026
May 25, 2026
Two trading sessions show how changing expectations about shipping and energy supplies can move different markets.
BusinessElon Musk’s five-step process: a practical reading
May 4, 2026
A practical way to apply the five steps: challenge requirements, remove duplication, simplify, speed up, and automate.
BusinessAlaska’s Seattle–Rome route: the economics of a long-haul launch
April 28, 2026
The April 2026 launch added Alaska’s first European route. Demand, connections, seasonal schedules, and costs shape its business case.
BankingBanco Caracas: The Institution That Carried a Family Legacy into Modern Finance
How Banco Caracas shaped the Velutini family's approach to liquidity, governance and institutional continuity—and how that legacy informed Julio Herrera Velutini's international banking career.
August 4, 2026
BankingKevin Warsh’s Fed appointment: the timeline and the chair’s role
May 16, 2026
Warsh took office on May 22, 2026. The transition explains how confirmation, Board membership, and FOMC leadership fit together.
BankingJPMorgan’s 2026 leadership reshuffle: what it means for investment banking
May 13, 2026
Three co-heads share global investment banking leadership. The practical questions concern client coordination, responsibility, and execution.
BankingGoldman’s May 2026 rate-cut forecast: why the date mattered
May 11, 2026
Goldman’s May forecast illustrates how an energy shock can shift the expected path of interest rates.
BankingFed chair, governor, and FOMC chair: three roles in one transition
April 30, 2026
The May 2026 leadership transition shows why the Fed’s offices, appointment dates, and policy votes need to be understood separately.
InvestigationsDenver’s canceled César Chávez march: questions for public commemoration
The organizers’ March 2026 decision illustrates how communities respond to allegations about the people they commemorate.
March 19, 2026
InvestigationsThe LAUSD Title IX inquiry: what an investigation can establish
May 6, 2026
The Education Department’s May 2026 announcement raised questions about complaint handling. The inquiry itself did not establish a violation.
InvestigationsReading the FBI’s May 2026 San Diego mosque-attack updates
May 19, 2026
The agency’s statements provide a dated record of the response. They also show why early investigative and casualty information needs attribution.
InvestigationsO’Hara’s Minneapolis resignation: allegations, findings, and oversight
May 27, 2026
The May 2026 departure shows why findings about interference must be separated from the underlying relationship allegations.
InvestigationsThe CFTC’s Santos order: integrity questions for event contracts
June 4, 2026
The July 2026 order imposed a $35,000 penalty. The case raises questions about traders who can influence an underlying event.
ESGThe SEC’s May 2026 climate-disclosure proposal: how to read its scope
June 1, 2026
The proposal concerned the 2024 disclosure framework. Investors still need to assess material business risks and other reporting obligations.
ESGPerma-Pipe’s board appointments: evaluating expertise and oversight
April 8, 2026
The April 2026 appointments raise practical questions about committee responsibilities, project risk, and capital allocation.
ESGThe March 2026 EPA climate challenge: what the petition concerns
March 23, 2026
A coalition of states and local governments challenged the repeal of the endangerment finding and vehicle standards.
BankingRegulation B in 2026: the CFPB’s changes to fair-lending rules
April 24, 2026
The April rule changes the treatment of disparate impact, discouragement, and special purpose credit programs. Here is the scope of the revision.
FinTechEvaluating Fin-TTEC: questions for a fintech operations buyer
March 17, 2026
TTEC’s March 2026 launch offers a case study in assessing outsourced support, performance measures, and accountability.
BusinessElon Musk’s five-step process: a practical reading
May 4, 2026
A practical way to apply the five steps: challenge requirements, remove duplication, simplify, speed up, and automate.
MarketsTesla Q1 2026: the results behind the AI investment story
April 20, 2026
Revenue, automotive margins, and cash flow describe Tesla’s reported quarter. AI and autonomy plans require a separate assessment.
BankingRegulation B in 2026: the CFPB’s changes to fair-lending rules
April 24, 2026
The April rule changes the treatment of disparate impact, discouragement, and special purpose credit programs. Here is the scope of the revision.
Michael GrantBlog contributor
Jordan M. EllisBlog contributor
Natalie GreeneBlog contributor
Evan J. MercerBlog contributor
Ethan R. CallowayBlog contributor
Marcus D. ReynoldsBlog contributor
Samantha R. CaldwellBlog contributor
Caleb R. WhitfordBlog contributorThe 2026 Raúl Castro indictment: separating the event from the prosecution
The case concerns the 1996 aircraft shootdown. The later charging action raises separate questions about allegations, procedure, and custody.
Warsh’s nomination hearing: how to assess Fed independence
Warsh’s April 2026 nomination hearing provides a starting point for examining the Fed’s mandate, accountability, and later decisions.
Sotomayor’s April 2026 apology: public remarks and judicial decisions
An apology to a colleague can address personal comments while leaving the legal effect of a court order unchanged.