The bond market is selling off after traders got their Fed forecasts wrong
"We could easily get a scenario where the Fed will basically have to reverse course and begin to stay on hold," Apollo's ...
American Banker29m
OCC's Hsu endorses federal standards for money transmission licenses
Acting Comptroller of the Currency Michael Hsu said the bankruptcy of Synapse earlier this year highlights regulatory gaps ...
Treasury Yields Rise To 3-Month High—And This Election Outcome Could Drive Them Up Much Further
That caps a borderline stunning rise in bond yields after the Fed slashed its target federal funds rate by 0.5 percentage ...
Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.
JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump. But ...
Transport Topics1h
US Extends 25% Tax Credit to Chip and Solar Wafers
The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, expanding eligibility for what is likely to be the largest incentive program from the 2022 CHIPS ...
Solar Power World1h
Solar wafer manufacturing qualifies for 25% CHIPS ITC
In addition to qualifying for various credits established in the Inflation Reduction Act, silicon ingot and wafer ...
Yields outside the U.S. rise in sympathy with Treasury market and focus on Nov. 5 election
Yields on government debt outside the U.S. were climbing in connection with Monday's rise in market-based rates in the Treasury market. As of Tuesday morning, Germany's 30-year German yield was up at ...
U.S. Treasury extends 25% tax credit to solar wafer plants
Solar wafer manufacturing projects in the U.S. will qualify for a 25% tax credit under a new rule that could unlock investment in domestic production of the equipment, Bloomberg reported Tuesday. The ...
InSight Crime2h
Historic Guilty Plea by Bank Highlights US Crackdown on Money Launderers
For the first time, a US bank has admitted to helping criminal networks in Colombia launder hundreds of millions of dollars ...
Cfr.org3h
Drug Traffickers Launder Billions Through Remittances. Here’s How to Stop Them.
Lax government oversight allows cartels to launder billions through remittances annually. But it doesn’t have to be this way.
Opinion - Return-to-office mandates are causing more federal workers to unionize
Department of Justice trial attorneys are seeking to form the first attorneys' union in the department's history in response ...
US Treasury Extends Lucrative Tax Credit to Solar Wafer Plants
Solar wafer manufacturing projects in the US will qualify for a 25% tax credit under a new rule that could unlock investment ...