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Treasury sanctions top leaders of La Nueva Familia Michoacana cartel

The U.S. Department of the Treasury has announced sanctions against four members of the Mexican cartel, La Nueva Familia Michoacana (LNFM), recognized for its involvement in trafficking fentanyl and other illicit drugs into the United States,...

Secretary Bessent discusses US-Jordan economic ties with Prime Minister Hassan

Today, Secretary of the Treasury Scott K.H. Bessent had a meeting with the Prime Minister and Minister of Defense of Jordan, Dr. Jafar Hassan, in Washington.

Treasury Secretary Bessent discusses trade and defense with Spain's Minister Cuerpo

Today, Secretary of the Treasury Scott K.H. Bessent engaged in discussions with Carlos Cuerpo, Spain's Minister of Economy, Trade, and Business.

Carlyle provides Argon €180 million financing for growth and acquisitions

Global investment firm Carlyle has announced that its Global Credit platform is providing a €180 million financing package to Argon & Co.

Cleveland Fed president outlines regional insights on monetary policy and economic prospects

The Federal Reserve has outlined its approach to monetary policy during a recent address at the Columbus Metropolitan Club.

Federal Reserve Bank's role in Ohio: economic stability and community support

President Hammack addressed a gathering in Columbus, Ohio, on April 16, 2025, discussing the Federal Reserve System's approach to monetary policy.

Bank of Canada releases April 2025 monetary policy report

The Bank of Canada has released its April 2025 Monetary Policy Report, offering insights into the nation's inflation-control strategy, monetary policy objectives, and the primary tools employed for policy implementation.

Bank of Canada maintains overnight rate at 2.75% amid global economic uncertainties

The Bank of Canada has opted to keep its target for the overnight rate unchanged at 2.75%.

Carlyle and SK Capital extend bluebird bio tender offer to May 2, 2025

Carlyle and SK Capital Partners have announced an extension to their tender offer for bluebird bio, Inc., moving the expiration date to one minute after 11:59 p.m. New York City time on May 2, 2025.

Bank of Canada maintains interest rate amidst US trade policy uncertainties

The Bank of Canada announced it will maintain the policy interest rate at 2.75%, marking a stable point after seven previous rate cuts.

UC Berkeley's new course teaches dealing with disagreement in the digital age

According to a January report from Inside Higher Ed, many college students are now using social media as an important source of news.

UC Berkeley study reveals rising self-harm among California's adolescent girls

The University of California, Berkeley, has released a report in JAMA Pediatrics detailing a notable rise in self-harm incidents among adolescents in California, particularly among multiracial girls.

TFTC targets financial networks of al-Shabaab in Somalia

RIYADH, SAUDI ARABIA – The Terrorist Financing Targeting Center (TFTC) has announced joint designations against 15 individuals involved with the terrorist group al-Shabaab in Somalia.

Fed economist suggests small buffer size for Federal Reserve's balance sheet

The Federal Reserve's balance sheet requires a buffer, but the optimal size remains uncertain.

Federal agencies suspend some appraisal requirements to aid California disaster recovery

Federal financial regulatory agencies have taken a decisive step to aid recovery in areas affected by wildfires and wind damage in Los Angeles County, California.

Philadelphia Fed announces new members for advisory council

The Federal Reserve Bank of Philadelphia has appointed John Grady, Warren E. Moore, and Brian Schaller to its Economic and Community Advisory Council (ECAC).

US imposes sanctions on Iranian entities linked to nuclear program

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the imposition of sanctions on five entities and one individual based in Iran.

Treasury sanctions Mexican drug leader involved in historic fentanyl seizure

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Jesus Alfredo Beltran Guzman, a prominent figure of the Beltran Leyva Organization (BLO).

Fincen analyzes fentanyl threat patterns in Bank Secrecy Act reports

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a Financial Trend Analysis that examines patterns and trends in Bank Secrecy Act (BSA) data associated with fentanyl-related illicit finance.