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Missing universe's hydrogen gas discovered in halos around galaxies

Astronomers have discovered that previously unaccounted-for hydrogen gas, comprising half of the universe's normal matter, exists as an extensive halo around galaxies.

UC Berkeley's museum holds one of North America's largest bird egg collections

UC Berkeley's Museum of Vertebrate Zoology houses an extensive collection of bird eggs and nests, making it one of the largest in North America.

Treasury Department sanctions network for transporting Iranian petroleum

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced the designation of Jugwinder Singh Brar, an Indian national based in the United Arab Emirates (UAE), as well as several entities connected to him for their...

Scott Bessent to support Argentina's reforms in upcoming Buenos Aires visit

Secretary of the Treasury Scott K.H. Bessent is scheduled to visit Buenos Aires, Argentina on April 14.

U.S. and Vietnam officials initiate trade discussions following key meeting

U.S. Secretary of the Treasury Scott K. H. Bessent met with Vietnam's Deputy Prime Minister Ho Duc Phoc in Washington.

Secretary Bessent supports House's decision on Trump’s economic strategy

U.S. Secretary of the Treasury Scott Bessent has responded to the House's recent decision to advance the permanence of the Tax Cuts and Jobs Act (TCJA) through the budgetary process.

EBA proposes measures to revamp EU's AML/CFT framework

The European Banking Authority (EBA) has unveiled four regulatory technical standards (RTS) aimed at overhauling the anti-money laundering and counter-terrorist financing (AML/CFT) framework across the European Union (EU).

EBA introduces draft technical package for banking reporting framework version 4.1

The European Banking Authority (EBA) has issued a draft technical package for version 4.1 of its reporting framework for banking institutions.

UK financial regulators sharpen focus on AI and stress tests

The UK's financial regulatory landscape continues to evolve under the guidance of the Bank of England (BoE), Prudential Regulation Authority (PRA), and Financial Policy Committee (FPC).

Banks face challenges, opportunities in evolving commercial real estate market

Banks are navigating an unpredictable commercial real estate (CRE) market marked by changing risk assessments, asset valuations, and deal structures.

Boston Fed finds increased reactivity in retail prime fund investors post-2020 crisis

The Federal Reserve Bank of Boston has released findings on the behavior of retail investors in prime money market funds during financial crises, presenting evidence that individual investors reacted more sensitively after the COVID-19 crisis...

Carlyle completes acquisition of SNP to support international growth and expansion

Global investment firm Carlyle has finalized its acquisition of SNP Schneider-Neureither & Partner SE through a voluntary public cash takeover offer.

Carlyle provides significant loan to support Dexian's refinancing efforts

Carlyle, a global investment firm, announced its Global Credit platform has provided a $270 million unitranche term loan to Dexian.

UC Berkeley addresses visa revocations impacting students and graduates

In a recent communication, UC Berkeley informed its community about the revocation of visas for six individuals associated with the institution.

UC Berkeley graduate programs excel in 2025 US News & World Report rankings

UC Berkeley's graduate programs were again recognized for their excellence in the 2025 survey conducted by US News & World Report.

Secretary Bessent discusses key policies and challenges in interview with Tucker Carlson

In an interview with Tucker Carlson, Secretary Scott Bessent discussed several key policy issues impacting the United States under President Trump's administration.

Treasury Department announces new senior appointments under Secretary Scott Bessent

Today, the U.S. Department of the Treasury, under the leadership of Secretary Scott Bessent, announced the appointment of key figures to senior positions.

IBM boosts AI capabilities with Hakkoda acquisition to enhance data transformation

IBM announced the acquisition of Hakkoda Inc., a global data and AI consultancy, to enhance IBM Consulting's data transformation services.

Carlyle Group to release Q1 2025 financial results on May 8

The Carlyle Group Inc., a global investment firm, announced it will release its financial results for the first quarter of 2025 on May 8.

Senate approval of FY 2025 budget resolution receives Secretary Bessent's endorsement

U.S. Secretary of the Treasury Scott Bessent released a statement in response to the Senate's approval of the Fiscal Year 2025 Budget Resolution.