Fed raises rates 25 bps(federalreserve.gov)

28 points by mutant_glofish 3 years ago | 0 comments

FDIC Seizes First Republic Bank Then Sells It to JPMorgan Chase(blackswanstreet.com)

33 points by JimmySandlin 3 years ago | 1 comments

FBI has obtained 7k Lockbit ransomware decryption keys(fbi.gov)

129 points by skilled 2 years ago | 34 comments

FedNow Is Live(federalreserve.gov)

1137 points by lavp 3 years ago | 704 comments

Federal Reserve press release from July 20, 2023 announcing that its FedNow instant payments service is now live.

FDA Approves First Respiratory Syncytial Virus (RSV) Vaccine(fda.gov)

145 points by ourmandave 3 years ago | 87 comments

Feds tell companies to preserve IM and other corporate chats(ftc.gov)

16 points by campuscodi 2 years ago | 4 comments

CFPB Opens Debanking Investigation into Nine Large National Banks(forbes.com)

22 points by iamnothere 8 days ago | 8 comments

Forbes article reporting that the CFPB has opened a debanking investigation into nine large national banks; the page showed an access-restricted error.

Banks are now trying to offload the AI data center debt they just underwrote(startupfortune.com)

341 points by smartmic 12 days ago | 237 comments

Startup Fortune article reporting that JPMorgan, MUFG and other banks are struggling to distribute $38 billion in construction debt for Oracle-leased AI data centers.

Why banks are suddenly closing down customer accounts(nytimes.com)

455 points by ljosa 3 years ago | 653 comments

New York Times article explaining why banks are abruptly closing individual and small-business customer accounts, leaving people unable to pay rent and bills.

Police cannot seize property indefinitely after an arrest, federal court rules(reason.com)

773 points by throwup238 2 years ago | 385 comments

Reason article reporting that the D.C. Circuit ruled police cannot hold seized property indefinitely after an arrest, calling it unconstitutional.

DeepSeek banned from U.S. federal civilian agencies under new DHS order(reuters.com)

547 points by cmrdporcupine 7 days ago | 496 comments

Reuters news article about a DHS order banning the Chinese AI DeepSeek from U.S. federal civilian agency IT systems; the capture shows only a device verification screen.

Remote work doesn't seem to affect productivity, Fed study finds(bloomberg.com)

706 points by simula67 2 years ago | 467 comments

Bloomberg article reporting a San Francisco Fed study finding no evidence that remote work affects productivity, with about 30% of paid workdays remote at end of 2023.