Total household debt in the United States rose by $185 billion, or 1%, in the second quarter of 2025, reaching $18.39 trillion, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data.
The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) have made public the sections of resolution plans, also known as living wills, for the eight largest and most complex domestic banking organizations as well as 56...
The U.S. Department of the Treasury announced it will offer $125 billion in Treasury securities to refund about $89.8 billion in maturing notes and bonds on August 15, 2025.
The Treasury Borrowing Advisory Committee (TBAC) met in a closed session at the U.S. Department of the Treasury on July 29, 2025, to discuss recent fiscal developments and provide recommendations on government debt management for the upcoming...
At the White House on July 30, 2025, Treasury Secretary Scott Bessent delivered remarks at the launch of a new report from the Presidential Working Group on Digital Asset Markets.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions against five entities and one individual in Iran, Hong Kong, Taiwan, and China.
Global investment firm Carlyle announced on August 4, 2025, that it has closed its tenth U.S. opportunistic real estate fund, Carlyle Realty Partners X (CRP X), with $9 billion in total commitments.
As the frequency and intensity of hurricanes increase due to climate change, businesses worldwide are being urged to reassess their approach to risk management.
In the years following the murder of George Floyd and the widespread protests that followed, terms like “systemic racism” and “structural racism” have become part of national conversations.
More students have been admitted to the University of California, Berkeley’s first-year and transfer classes for fall 2025 compared to last year, according to admissions data released by campus officials.
The Treasury Borrowing Advisory Committee (TBAC) has reported to the Secretary of the Treasury on recent developments in financial markets and provided recommendations regarding U.S. debt management.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Alexandre de Moraes, a justice on Brazil’s Supreme Federal Court (STF).
IBM has released its 2025 Cost of a Data Breach Report, highlighting that the rapid adoption of artificial intelligence (AI) is outpacing security and governance measures.
Adriana D. Kugler will resign from her role as governor of the Federal Reserve Board, effective August 8, 2025, according to an announcement made by the Board on Friday.