U.S. insolvency filings reached 150,009 in the first quarter of 2026, according to the American Bankruptcy Institute. Persistent inflation, elevated interest rates, and geopolitical instability are key drivers, but the more immediate constraint is access to credit.
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gfmag.com/banking/main-stree…#finance#creditmarket#banking#credit
The reusable-rocket giant is bypassing traditional listing rules with a historic debut. SpaceX is poised to be the king of mega-IPOs, leading an upcoming wave of listings fueled by the boom in AI and technological innovation.
The massive shift toward tech investment embodied by the SpaceX IPO has raised a question: Why now?
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gfmag.com/features/spacex-ip…#Finance#SpaceX#IPO#AI#technology#Innovation
Companies are realizing the benefits from AI that can create text and images form prompts using language models on trained data. However, only a minority reports that the benefits outweigh the investment.
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gfmag.com/features/ai-return…#Finance#Ai#Investment#artificialintelligence
Conflicting data from the BLS and ADP leaves the true health of the financial sector open for debate.
The latest U.S. job numbers for Wall Street don’t line up. BLS reported Friday that employment in the financial activities sector fell by 22,000 jobs in May. The ADP National Employment Report issued a day earlier, however, saw the same sector add 7,000 new jobs, a difference of 29,000 jobs.
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gfmag.com/news/wall-street-j…#Finance#employment#Wallstreet
Dangote’s IPO Tests African Capital Markets
Dangote Refinery’s initial public offering is shaping up to be one of the most historic capital markets events for the continent —a referendum on whether Africa can mobilize the liquidity and investor confidence required to finance a globally competitive industry.
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gfmag.com/news/dangotes-ipo-…#IPO#Finance#Africa#CapitalMarkets#liquidity
Brazil Nixes Settlement for Stablecoin eFX
Banco Central do Brasil (BCB) has banned fintech and payment providers from settling overseas payments in stablecoins or crypto. With Resolution 561, the BCB is implementing new rules regarding its electronic foreign exchange (eFX) policy, which governs how payment institutions and e-money issuers provide cross-border services.
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gfmag.com/news/brazil-nixes-…#fintech#stablecoin#brazil#finance
CFOs Should Prepare for Long-Term Refunds
The Supreme court decided in February that the U.S Customers and Border Protection agency illegally collected $166 billion from 300,000 importers. Logically, companies should get refunds, but lawyers don’t expect a smooth process.
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gfmag.com/news/cfo-long-term…#Finance#tariff#CFO#news
4 Reasons JPMorgan Should Buy Revolut
At first glance, the four points may appear as absurd, JPMorganChase with its roughly $850 billion market cap, acquiring Revolut, a private neobank valued at $75 billion. Nevertheless, it is worth considering. If banking is moving toward super apps as primary accounts, can JPMorgan realistically build that future internally, or will buying it be the faster path?
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gfmag.com/commentary/jpmorga…#Finance#digitalbanking#JPMorgan#banking
Beware of Financial Scammers Wielding Deepfake Tech
Detecting deepfakes is a growing concern, the authors of the Resemble Ai report estimate that deepfake based fraud attacks on corporations reached 8.5 billion potential incidents, ranging from audio impersonations of executives to doctored or fake images.
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gfmag.com/technology/financi…#Finance#deepfaketech#Ai#scammers
Kenya’s Power Grid Limits Tech Growth
Kenya is positioning itself as Africa’s premier tech hub. Touting itself as a “full-package investment destination”, part of the strategy has been encouraging global tech giants to set up operations in the country.
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gfmag.com/news/kenyas-power-…#Finance#Kenya#technology#economics
Author @K_Domat underlines that as African fintech matures, companies that once focused on domestic markets are now increasingly seeing Dubai as a strategic base for MENA and international expansion.
Some key players are already on the move. Egypt’s fintech giant MNT-Halan recently launched in Dubai with salary-financing products.
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gfmag.com/features/african-f…#Finance#fintech#Dubai
Europe Vies to Close Stablecoin Gap
France is pressing European banks to accelerate the development of euro-denominated stablecoins, as policymakers grow concerned that the region might fall further behind the U.S. in the shift toward digital payments and tokenized finance.
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gfmag.com/technology/europe-…#Finance#Europe#Stablecoin#banking
Hungary’s state-heavy 'Orbánomics" is officially over. Enter Péter Magyar, who wishes to 'mend relations' with the EU.
Now that Péter Magyar has taken office as Hungary’s new prime minister, he will look to András Karman, his nominee for finance minister, to execute a rapid fiscal pivot, dismantling 16 years of state-heavy “Orbánomics” and restoring investor confidence in the Central European hub.
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#EU#Hungary#Investment#Economicsgfmag.com/economics-policy-r…
President Donald Trump heads into this week’s summit with Chinese President Xi Jinping with a major embarrassment back home: the legal foundation of his aggressive tariff strategy is rapidly eroding.
Trump expects to meet Xi in Beijing to discuss trade, the war in Iran and, possibly, Taiwan. But the meeting comes as federal courts rule against his sweeping tariff measures. including the 10% global duties and triple-digit levies on Chinese goods that the White House once promoted as a key source of leverage over Beijing.
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gfmag.com/economics-policy-r…#Finance#Tariff#Politics#Donaldtrump#China
China’s AI IPO Boom Leaves US in the Dust
China’s artificial intelligence companies are driving a sharp divergence in global IPO markets, dominating first-quarter listings in Hong Kong and outpacing U.S. tech peers as investor sentiment fractures across regions.
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gfmag.com/capital-raising-co…#finance#china#ai#artificialintelligence