U.S. officials lead urgent rescue talks for First Republic -sources
By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reuters) – U.S. officials are coordinating urgent talks to rescue First Republic Bank as private-sector...
Fed, NYDFS assess their supervisory performance after March’s big bank failures By Cointelegraph
[ad_1] Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of...
ECB and BOE Should Tread Carefully With Rate Hikes, IMF Says
(Bloomberg) — Europe’s central banks should be wary of potential dangers ranging from more financial stress to a divergence in bond yields as they stay...
Mauritius planning to launch pilot project for retail digital rupee late this year By Cointelegraph
[ad_1] Mauritius plans to launch the pilot phase of a digital rupee in November, Bank of Mauritius Governor Harvesh Kumar Seegolam announced. Many of the...
Oil Falls a Second-Straight Week Even With Macro Price Boost
(Bloomberg) — Oil fell for a second consecutive week even as an earnings-driven rally on Wall Street pushed prices higher. Most Read from Bloomberg West...
Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance By Cointelegraph
[ad_1] © Reuters At the intersection of tech and cryptocurrency news, the Google (NASDAQ:) for Startups Cloud Program has expanded to include 11 blockchain firms....
Venmo will enable fiat-to-crypto payments in May By Cointelegraph
[ad_1] © PayPal PR Users of mobile payments service Venmo will soon be able to buy cryptocurrencies and send them to other Venmo users or...
U.S. Electric Utilities Must Spend $12 Trillion To Reach Targets
By Leonard Hyman & William Tilles – Apr 27, 2023, 4:00 PM CDT
The U.S. utility industry is far behind on capex for an...
Tax law researchers propose IRS framework for deducting crypto losses By Cointelegraph
[ad_1] © Reuters. Researchers at Indiana University and the University of Maine recently published a study examining the current state of cryptocurrency tax law in...
BOJ’s Ueda Scraps Rates Guidance, Commits to Stimulus For Now
(Bloomberg) — The Bank of Japan scrapped its guidance on future interest rate levels while keeping its main stimulus measures unchanged, as Governor Kazuo Ueda...