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Bank emphasizes diverse data use for informed economic decisions

Speaking after the decision to maintain the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki addressed the importance of using a variety of data and engaging with Canadians to make informed decisions.

Beth Gosch joins New York Fed's Community Advisory Group

The Federal Reserve Bank of New York has announced the appointment of Beth Gosch to its Community Advisory Group.

IBM launches watsonx AI Labs in NYC to boost artificial intelligence development

IBM has announced the launch of watsonx AI Labs, a new innovation hub in New York City aimed at accelerating AI development.

IBM and Roche launch AI-powered app for diabetes management

IBM and Roche have collaborated to develop an AI-enabled solution aimed at assisting individuals with diabetes in managing their condition.

Bank of Canada maintains interest rates amid global trade uncertainties

The Bank of Canada has decided to maintain its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

Bank of Canada holds interest rate steady amid ongoing trade uncertainties

The Bank of Canada announced today that it is maintaining the policy interest rate at 2.75%.

Carlyle invests $1.3 billion in Trucordia for strategic growth

Trucordia has announced a strategic investment of $1.3 billion from Carlyle’s Global Credit platform.

Federal Reserve lifts asset growth cap on Wells Fargo after meeting conditions

The Federal Reserve announced on Tuesday that Wells Fargo is no longer under the asset growth restriction from the Board's 2018 enforcement action.

Federal Reserve releases minutes from April and May discount rate meetings

The Federal Reserve Board has published the minutes from its recent meetings, which were held to review and set discount rates for depository institutions.

AlpInvest Partners raises $4.1 billion for ninth co-investment fund

AlpInvest Partners has successfully raised $4.1 billion for its AlpInvest Co-Investment Fund IX (ACF IX), surpassing the size of its predecessor fund, which closed at $3.5 billion in 2021.

Carlyle partners with Rabo Investments for strategic growth investment in SurePay

Carlyle Europe Technology Partners (CETP) and Rabo Investments have announced a strategic growth investment in SurePay, a company specializing in payment verification software.

Australian banks urged to adapt strategies amid evolving agricultural landscape

Australia's agricultural sector is a vital part of the national economy, contributing significantly to GDP, exports, and employment.

UC Berkeley researchers unveil discovery of new color 'olo' using optical imaging

Last month, UC Berkeley researchers announced a breakthrough study where they managed to create a new color perception.

Deutsche Bank strengthens digital transformation with expanded IBM partnership

Deutsche Bank and IBM have announced an extension of their partnership through a strategic agreement.

Treasury sanctions Philippine firm linked to major cyber scam network

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Funnull Technology Inc., a company based in the Philippines, and its administrator, Liu Lizhi.

Philadelphia Fed appoints Bill Wafford to advisory council

The Federal Reserve Bank of Philadelphia has announced the appointment of Bill Wafford to its Economic and Community Advisory Council (ECAC).

Federal Reserve reveals findings from senior financial officer survey on bank reserves

The Federal Reserve Board has disclosed the findings of a recent survey involving senior financial officers at banks.

Carlyle and SK Capital Partners announce expiration of bluebird bio tender offer

Carlyle and SK Capital Partners have announced the expiration of their tender offer to acquire all outstanding common stock of bluebird bio, Inc. The offer, which commenced on March 7, 2025, expired as scheduled at one minute after 11:59 p.m. New...

NCUA issues prohibition order; terminates cease & desist order

The National Credit Union Administration (NCUA) has issued a prohibition order against Desiree Canepa, a former employee of Antioch Community Federal Credit Union in Antioch, California.

Cleveland Fed establishes new advisory council for financial market insights

The Federal Reserve Bank of Cleveland has announced the formation of its new Financial Markets Advisory Council.