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ECB President Christine Lagarde

ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half

Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Federal Reserve Chairman Jerome Powell Economy

Fed Chair Powell: US Economy At An ‘Inflection Point’

Federal Reserve Chairman Jerome Powell said the US economy is at an "inflection point" and that growth and job creation will most...
U.S. Treasury Secretary Janet Yellen Corporate Tax

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 Secretary Janet Yellen

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 Building Bond Buying

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...
U.S. Treasury Secretary Janet Yellen

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...
Federal Reserve Chairman Jerome Powell Paycheck Protection Program

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...
Jerome Powell Inflation

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...

Square Inc. starts its industrial banking operations; buys TIDAL

Square Inc. announced its industrial bank, Square Financial Services, has begun operations, on March 1st, 2021. The announcement comes nearly one year...
Federal Reserve ACH System

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....

Recent Articles

New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

ViacomCBS Networks International Agrees to Acquire Chilevisión

On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...

Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

New High Yield Bond Ratings: April 5 – 9, 2021

At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Christine Lagarde

ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half

Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...

Most Popular

Google Offers a One-Stop-Shop for Financial Services With New Google Pay App

Google Pay received a significant update the week of Nov. 16 as it introduced the Google Pay App, which focuses on personal...

Neiman Marcus Poised to Exit Bankruptcy as Marble Ridge Founder Charged with Fraud

After an arduous few months after filing Chapter 11 in May, Neiman Marcus, Inc. is set to exit bankruptcy by September 30th....

Concord Acquisition Corp Registers 250 Million Shares Ahead of IPO

Concord Acquisition Corp, a blank-check company with the intention of acquiring a business in the financial services and financial technology sectors has...

Barkbox Announces IPO Through SPAC Merger

Barkbox, Inc. announced on Dec. 17 that it plans to go public through a merger with Northern Star Acquisition Corp. The dog...

Andreessen Horowitz Announces Talent x Opportunity Donor-Advised Fund

On June 3 Andreessen Horowitz (a16z) announced their latest donor-advised fund, the Talent x Opportunity Fund (TxO). The fund is “designed for...