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IBM reports 2025 Q1 results with strong software revenue growth

IBM released its first-quarter financial results for 2025, showcasing an increase in both revenue and profitability, driven largely by their Software offerings.

Federal Reserve revises crypto guidance for banks to enhance flexibility and innovation

The Federal Reserve Board has announced the withdrawal of specific guidance for banks regarding their activities in the crypto-asset and dollar token sectors.

Scientists create new color perception technique called "Oz

In L. Frank Baum's classic novel "The Wonderful Wizard of Oz," the Emerald City dazzles visitors with its vibrant green shade, enhanced through the use of green-tinted glasses.

UC Berkeley professors awarded Guggenheim Fellowship for innovative research and projects

Two professors from UC Berkeley have been awarded the prestigious Guggenheim Fellowship, joining a long list of distinguished alumni including Zora Neale Hurston and James Baldwin.

U.S. Treasury sanctions Iranian LPG magnate and corporate network

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has designated Seyed Asadoollah Emamjomeh, an Iranian national significant in the liquified petroleum gas (LPG) industry, along with his corporate network.

Wendy Ingram fights mental health stigma in academic circles through Dragonfly Mental Health

The academic journey of Wendy Ingram took a pivotal turn during the 2013-2014 year at UC Berkeley, where four suicides affected her department in a short span.

Fed's Beige Book reports slight increase in US economic activity amid tariff concerns

Economic activity in the United States has shown a slight increase, according to the latest Beige Book report, despite ongoing concerns about the impact of tariffs on prices and demand.

Cleveland Fed addresses economic conditions through research and regional engagement

The Federal Reserve Bank of Cleveland, a key participant in the nation's economic landscape, consistently produces indicators and datasets to inform the public, policymakers, and researchers about critical economic conditions such as inflation,...

Fifth District shows mild economic growth amid job insecurity and tariff challenges

The Federal Reserve reported that the Fifth District economy showed mild growth recently, though the region faced challenges across various sectors.

FDIC changes resolution planning approach for large banks

The Federal Deposit Insurance Corporation (FDIC) has modified its approach to resolution planning for large insured depository institutions (IDIs).

FDIC issues corrective orders and penalties against Discover Bank and holding company

The Federal Deposit Insurance Corporation (FDIC) has announced the issuance of three orders against Discover Bank, based in Greenwood, Delaware.

FCA issues warning against SECURELIVETRADES for unauthorized financial services

The Financial Conduct Authority (FCA) has issued a warning against SECURELIVETRADES for offering financial and crypto-related services without proper authorization.

Susan M. Collins named one of four AEA Distinguished Fellows for 2025

On April 22, 2025, the American Economic Association announced that Susan M. Collins, president and CEO of the Federal Reserve Bank of Boston, has been named one of the four Distinguished Fellows for 2025.

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.