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JPMorgan Chase Announces Layoffs In Feb, More Cuts Expected: Report
American multinational bank, JPMorgan Chase, has started notifying employees of job cuts as part of a series of downsizing efforts throughout 2025, reports said.
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Understanding Tech:Does Wireless Charging Harm Your Smartphone?
Wireless charging has revolutionised how we power up our phones, freeing us from tangled cables and worn-out charging ports. From concerns about battery health and conveniences, let's explore the real impact of wireless charging.
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Judge Blocks Elon Musk's DOGE From Accessing Personal Information
These documents include millions of Americans' bank account details and personal information.
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Woman Takes Leaves To Care For Dying Daughter, Her Company Fires Her
The former Huntington Bank employee said her daughter, Samantha, blamed herself for her mother losing her job
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US FDIC to Reevaluate 'Supervisory Approach' to Crypto-Related Activities
Travis Hill, the interim chief of the US FDIC said that the agency will review and revise its previously suggested anti-crypto directives to American banks. This week, the US senators gathered for a hearing about the debanking of crypto clients in the US, during which he presented a 790-page document featuring letters from US’ banking community w...
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Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
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ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
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"Terrible Job:" Trump Slams US Fed After It Pauses Rate Cuts
The Fed's rate-setting committee voted unanimously to keep the bank's benchmark lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a statement.
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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Morgan Stanley Will Work With US Regulators to Examine Safe Ways to Offer Crypto, CEO Says
In a fresh development, Morgan Stanley CEO, Ted Pick has said that the bank wishes to examine if it can act as a crypto transactor while keeping its regulatory obligations intact. To do so, the New York City-headquartered bank plans to ramp-up discussions with US lawmakers in the coming months. Â
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'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
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Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
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US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies. ...
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Bank Robbery Attempt Falls Through Over Unreadable Handwritten Note In US
A would-be bank robber saw his plan fall apart when the teller was unable to decipher the illegible note he handed over during the attempted heist.
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Trump 2.0 Will Be Good For Equity Market, Dollar But Bad For Bonds: Report
A report by Union Bank of India compares two timelines - from January 2 to November 4 and from November 4 to December 31. The second period reflects changes following the US Presidential election held on November 5-6.
-
JPMorgan Chase Announces Layoffs In Feb, More Cuts Expected: Report
American multinational bank, JPMorgan Chase, has started notifying employees of job cuts as part of a series of downsizing efforts throughout 2025, reports said.
-
Understanding Tech:Does Wireless Charging Harm Your Smartphone?
Wireless charging has revolutionised how we power up our phones, freeing us from tangled cables and worn-out charging ports. From concerns about battery health and conveniences, let's explore the real impact of wireless charging.
-
Judge Blocks Elon Musk's DOGE From Accessing Personal Information
These documents include millions of Americans' bank account details and personal information.
-
Woman Takes Leaves To Care For Dying Daughter, Her Company Fires Her
The former Huntington Bank employee said her daughter, Samantha, blamed herself for her mother losing her job
-
US FDIC to Reevaluate 'Supervisory Approach' to Crypto-Related Activities
Travis Hill, the interim chief of the US FDIC said that the agency will review and revise its previously suggested anti-crypto directives to American banks. This week, the US senators gathered for a hearing about the debanking of crypto clients in the US, during which he presented a 790-page document featuring letters from US’ banking community w...
-
Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
-
ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
-
"Terrible Job:" Trump Slams US Fed After It Pauses Rate Cuts
The Fed's rate-setting committee voted unanimously to keep the bank's benchmark lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a statement.
-
X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
Morgan Stanley Will Work With US Regulators to Examine Safe Ways to Offer Crypto, CEO Says
In a fresh development, Morgan Stanley CEO, Ted Pick has said that the bank wishes to examine if it can act as a crypto transactor while keeping its regulatory obligations intact. To do so, the New York City-headquartered bank plans to ramp-up discussions with US lawmakers in the coming months. Â
-
'Rupee's Fall Due To Dollar's Rise, Intervention Can Harm Exports': Ex-RBI Governor
Former Reserve Bank governor Raghuram Rajan attributed the fall in the rupee solely to the US dollar getting stronger.
-
Trump Bans Creation Of A 'Digital Dollar' To Protect Americans
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
-
US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies. ...
-
Bank Robbery Attempt Falls Through Over Unreadable Handwritten Note In US
A would-be bank robber saw his plan fall apart when the teller was unable to decipher the illegible note he handed over during the attempted heist.
-
Trump 2.0 Will Be Good For Equity Market, Dollar But Bad For Bonds: Report
A report by Union Bank of India compares two timelines - from January 2 to November 4 and from November 4 to December 31. The second period reflects changes following the US Presidential election held on November 5-6.
