The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital...
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Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May...
The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that...
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report...
Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023 
4 min read
After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi...
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled...
How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility 
3 min read
The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight...
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has...
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high...
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in...
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders 
3 min read
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued...
Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to...
