Fed losses breach $100 billion as interest costs rise
NEW YORK, Sept 15 (Reuters) – Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they’re likely to...
Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington By Cointelegraph
[ad_1] The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with U.S. lawmakers in Washington D.C.,...
Fukushima wastewater released into the ocean, China bans all Japanese seafood
China criticises action as ‘selfish and irresponsible’ Japan and IAEA say radioactivity levels well below safe levels Initial release about 3 Olympic swimming pools worth...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
Fed set to launch long-awaited instant payments service, modernizing system
July 20 (Reuters) – The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country’s payment system...
NY Fed report finds Americans increasingly facing borrowing headwinds
[1/2]An American Express and a Visa credit cards are seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration July...
Fed, SEC probing Goldman Sachs’ role in Silicon Valley Bank’s final days, Wall Street Journal reports
June 15 (Reuters) – The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group’s (GS.N) role in two deals with...
Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown
June 9 (Reuters) – The U.S. affiliate of Binance said it was halting dollar deposits, while trading platform Robinhood Markets (HOOD.O) said it was delisting...
Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows
June 6 (Reuters) – Investors have pulled around $1.43 billion from the crypto exchange Binance and its U.S. affiliate as of 11 a.m. ET (1500...
Biden, McCarthy push forward towards deal on US debt ceiling
WASHINGTON, May 17 (Reuters) – President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday underscored their determination to reach a deal soon...