Treasury Secretary Yellen Calls for Global Minimum Corporate Tax
U.S. Treasury Secretary Janet Yellen said on April 5 that she is working with G20 countries to agree on a global minimum...
Treasury’s Yellen to Restart Hedge Fund Oversight Panel
Treasury Secretary Janet Yellen introduced a three-pronged agenda on March 31 to address "ongoing threats to the nation's financial system."
ECB Increases Bond Purchases To Slow Down Surging Yields
The European Central Bank (ECB) has increased the weekly pace of its emergency bond purchasing program to its highest level in three...
Treasury Launches Program to Support Minority-Owned Financial Institutions
The U.S. Department of the Treasury announced on March 4 in a press release that it is opening the application process for...
Fed Extends Its Paycheck Protection Program Liquidity Facility To June 30
The Federal Reserve Board announced on March 8 it will extend its Paycheck Protection Program Liquidity Facility (PPPLF) by three months to...
Fed’s Powell: Economic ‘Reopening’ Could Lead to a Temporary Rise in Inflation
Federal Reserve Chairman Jerome Powell said on March 4 that he expects inflation to increase temporarily in response to a rise in...
Fed’s Wire Transfer System for Banks Experienced a Several Hour Outage
The Federal Reserve's system that allows banks to wire transfer money back and forth went down for several hours on Feb. 24....
10-Year Treasury Yield Dips after Recent Surge
The 10-year U.S. Treasury yield fell slightly on March 1, trading below the high water mark from the week of Feb. 22's...
Federal Reserve Governor outlines Climate Change Combat Policies
Federal Reserve Governor Lael Brainard outlined climate change combat policies before the 2021 Institute of International Finance U.S. Climate Finance Summit. Brainard...
Brex Files Application for Industrial Bank Charter with FDIC
Fintech Brex announced in a statement on Feb. 19 that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC)...
Recent Articles
KKR Buys Japan’s Largest Storage Tank Operator
New York-based investment firm Kohlberg Kravis Roberts (NYSE: KKR) has signed an agreement to buy Japan's Central Tank Terminal (CTT). KKR will buy the Japanese chemical...
Supply Chain Woes Lead to Higher Post-Pandemic Costs
Supply chain woes lead to higher costs. Results from Procter & Gamble Co, Danone SA, and Ericsson show higher costs and supply chain disruptions. Therefore,...
Rent the Runway Struts into $1.7 Billion Valuation
Rent the Runway struts into a $1.7 billion valuation. This comes after its shares opened nearly 10% above their IPO price. Goldman Sachs...
EQT Ventures Backs Innovative Blockchain Startup Moralis
Blockchain application development platform Moralis raised $13.4 million in its latest seed funding round. Additionally, this seed funding round was primarily led...
Appian Cashes in on Brazilian Mining Assets After South African Buyout
Appian Capital Advisory LLP sold two of its Brazilian mining companies to South African-based Sibanye-Stillwater. The companies, Atlantic Nickel and Mineração Vale...
Most Popular
Auto-Part Supplier Shiloh Files for Bankruptcy
Shiloh Industries Inc. filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Sunday, August 30,...
Tencent-backed Waterdrop slumps in NYSE debut
Shares of Tencent-backed Chinese health insurance company Waterdrop dropped 14.5% in its New York debut on Friday, May 7. The company previously...
Nana Technologies Earns $6 Million in Seed Funding
Online repair academy, Nana Technologies has earned $6 million in seed funding. The company not only provides its students with the knowledge...
Banks Go Green, Cut Carbon Footprint to Gain Customers, Trust
Comerica Bank joined the Partnership for Carbon Accounting Financials (PCAF) to better understand the carbon footprint of its portfolios.
Barbecue Maker Weber Hopes To Make A Grilling With IPO
Outdoor grills maker Weber files IPO. Their IPO reveals they have a 62% year-on-year growth in revenue for the six months ended...
