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Survey: Businesses brace for tariff impacts in Cleveland Fed district

The Federal Reserve Bank of Cleveland has released the findings from its February survey, which examined the potential impact of tariffs on businesses within its district.

Carlyle finances Suntera Global to boost growth and acquisitions

Global investment firm Carlyle has announced the provision of a financing package to Suntera Global, an independent provider of bespoke fund, corporate, and private wealth services.

Federal Reserve hosts Economic Scholars Program for undergraduates

The Economic Scholars Program is set to take place on April 21, 2025. This event is organized by the Federal Reserve's Fourth District, which encompasses Ohio and parts of Pennsylvania, West Virginia, and Kentucky. The program offers undergraduate students an opportunity to present their research in a conference setting.

New York Fed appoints Anna Nordstrom as head of the Markets Group

The Federal Reserve Bank of New York has appointed Anna Nordstrom as the Head of its Markets Group.

BaFin announces another warning on unauthorized services by Aktien Network

The Federal Financial Supervisory Authority (BaFin) has issued a new warning concerning Aktien Network, which is allegedly offering financial, investment, and crypto asset services without the required authorization on a newly launched website.

U.S. Treasury sanctions Yemeni bank for Houthi financial support

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has placed sanctions on the Yemen-based International Bank of Yemen Y.S.C. (IBY).

IBM report shows rise in stealthy cyberattacks and credential theft

IBM has released its 2025 X-Force Threat Intelligence Index, revealing a shift in cybercriminal tactics.

Caltrain electrification dramatically cuts carcinogen exposure, study finds

A recent study has highlighted significant improvements in air quality following the transition from diesel to electric trains on Caltrain, a major commuter rail line in the Bay Area.

Secretary Bessent supports Argentina's economic reforms in Buenos Aires meeting

Today in Buenos Aires, U.S. Secretary of the Treasury Scott K.H. Bessent engaged in discussions with Argentina's Minister of Economy, Luis Caputo.

U.S. supports Argentina's economic reforms, applauds IMF negotiations

Today, Secretary of the Treasury Scott K.H. Bessent of the United States met with Argentina's President Javier Milei in Buenos Aires.

BaFin announces warning on unauthorized crypto services by my.fluxion-ltd.com.co

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website my.fluxion-ltd.com.co.

Federal Reserve approves Capital One and Discover merger with conditions

The Federal Reserve Board has approved the merger application of Capital One Financial Corporation with Discover Financial Services.

Trump terminates NCUA Board members Harper and Otsuka

The National Credit Union Administration (NCUA) has announced the termination of two NCUA Board members, Todd Harper and Tanya Otsuka, whose positions were ended by President Donald J. Trump on April 17.

Anna Paulson appointed as new president and CEO of Philadelphia Fed

The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and chief executive officer.

Federal Reserve outlines actions against synthetic identity fraud amplified by Gen AI

Synthetic identity fraud is a growing concern, with losses surpassing $35 billion in 2023, as reported by the anti-fraud collaboration platform, FiVerity.

Fed seeks comment on stress test volatility reduction proposal

The Federal Reserve Board has opened up for public comment a proposal aimed at lessening the volatility of capital requirements that originate from the Board's annual stress test results.

Fed event highlights role of financial literacy in career planning

The Fourth Federal Reserve District will host a panel discussion on the significance of financial literacy in career navigation.

Trump's new directive sparks debate over history, culture in the U.S

On March 27, President Trump signed the directive “Restoring Truth and Sanity to American History.” This directive mandates that the Smithsonian Institution and the Department of the Interior work to rectify what Trump called "divisive narratives...

U.S. Treasury sanctions Chinese firms importing Iranian oil, targeting 'shadow fleet' vessels

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has placed sanctions on Shandong Shengxing Chemical Co., Ltd.

TIC data reveals foreign holdings of U.S. securities increase by $284.7B in February 2025

The U.S. Department of the Treasury has released the Treasury International Capital (TIC) data for February 2025, indicating an overall net TIC inflow of $284.7 billion.