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Treasury imposes new sanctions targeting North Korean arms network linked to Myanmar

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on five individuals and one entity accused of generating illicit revenue for North Korea’s weapons of mass destruction (WMD) and ballistic missile...

HashiCorp previews Project infragraph at first global conference under IBM ownership

HashiCorp, now part of IBM, introduced several new features and a preview of Project infragraph at its annual HashiConf 2025 event in San Francisco.

NCUA stops using reputational risk in supervisory process following executive order

The National Credit Union Administration (NCUA) has announced it will no longer use reputation risk or similar concepts in its examination and supervisory process.

Treasury discusses shift to electronic payments amid rising payment fraud concerns

The U.S. Department of the Treasury hosted a meeting of the Financial Literacy and Education Commission (FLEC) to discuss federal actions to address payment fraud and implement Executive Order 14247, which requires all federal disbursements and...

Treasury Secretary urges renewed national strategy on financial literacy amid rising payment fraud

Secretary of the Treasury Scott Bessent addressed the Financial Literacy and Education Commission (FLEC) on Wednesday, emphasizing the importance of financial literacy for Americans as the nation approaches its 250th anniversary.

IBM launches new AI-powered insights for ESPN fantasy football app

IBM and ESPN have announced the launch of new AI-powered features for the 2025 fantasy football season.

Reserve Bank finds ASX needs improvement in clearing and settlement facility oversight

The Reserve Bank of Australia (RBA) has released its 2025 assessment of the ASX Clearing and Settlement (CS) Facilities, evaluating their performance against the RBA’s Financial Stability Standards.

Cleveland Fed study links persistent PCE inflation to stock market performance

Many components of the personal consumption expenditures (PCE) price index are influenced by the labor market, but recent research from the Federal Reserve Bank of Cleveland highlights that certain “non-market” items in the index are more closely...

Moody's Analytics projects $41 trillion global cost from climate-related physical risks by 2050

Moody’s Analytics has released a new analysis estimating that by 2050, the global economic impact of physical risks related to climate change could reach $41.4 trillion, representing a 14.5% reduction in global gross domestic product (GDP).

Stephen I. Miran sworn in as Federal Reserve Board Governor

Stephen I. Miran was sworn in as a member of the Board of Governors of the Federal Reserve System on September 16, 2025.

Chimpanzee study finds wild apes regularly ingest natural levels of alcohol

Researchers at the University of California, Berkeley have conducted the first direct measurements of ethanol content in fruits consumed by wild chimpanzees in Africa.

Treasury official outlines plans for Bank Secrecy Act modernization at anti-money laundering conference

John K. Hurley, Under Secretary for Terrorism and Financial Intelligence, addressed the Association of Certified Anti-Money Laundering Specialists Assembly Conference, highlighting his background in public service and recent transition to his...

Treasury official visits San Diego border to discuss targeting cartel finances

John K. Hurley, Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, is scheduled to visit the U.S.-Mexico border in San Diego, California.

Treasury official visits Mexico City for talks on drug trafficking and illicit finance

John K. Hurley, Under Secretary for Terrorism and Financial Intelligence at the U.S. Department of the Treasury, is scheduled to visit Mexico City on September 18.

AI-based model helps Indian farmers adapt planting as climate shifts

Artificial intelligence is playing a key role in improving weather prediction for farmers in India.

UC Berkeley scholar creates comprehensive database tracking evolution of Asian American literary canon

Nine years ago, Long Le-Khac, now an assistant professor in the ethnic studies department at the University of California, Berkeley, encountered a significant challenge while planning a data-driven research project on Asian American literature.

Treasury imposes new sanctions on network supporting Iran's military finances

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions targeting individuals and entities linked to Iran’s military financial networks.

California weighs response as GOP-led states pursue aggressive redistricting

As Texas and other Republican-led states move to redraw congressional district maps ahead of the 2026 election, California is considering a similar approach in response.

UC Berkeley again tops global ranking for startup founders among undergraduate alumni

For the third consecutive year, UC Berkeley leads all universities worldwide in producing venture-backed startups founded by its undergraduate alumni.

UC Berkeley chancellor condemns violence after Charlie Kirk's death

Charlie Kirk’s death has prompted a statement from University of California, Berkeley Chancellor Rich Lyons, who described the incident as an attack on the open exchange of ideas central to university life. “Charlie Kirk’s death represents an...