Even as shutdown halts BLS data, hiring appears to be slowing
The ongoing government shutdown prevented the Bureau of Labor Statistics from releasing its September jobs report Friday, but job growth appears to be softening. The lack of reliable government data comes as the Federal Reserve mulls further interest rate cuts.
Press Release: FDIC Issues List of Banks Examined for CRA Compliance
PRESS RELEASE | OCTOBER 3, 2025 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in July 2025. The […]
Crypto assets as collateral? In the U.S., the Fed has cleared the way
A recent Federal Reserve ruling makes it possible for banks to accept cryptocurrency as collateral for private transactions. It’s an important step toward integrating digital assets into the financial system.
Why no one can end the investment banking recruiting war
College sophomores are applying for jobs before they’ve even taken a finance class. Goldman Sachs CEO David Solomon says he dislikes the process, but doesn’t have the power to change it.
Europe’s central bank taps Feedzai for digital euro fraud shield
Portugal’s Feedzai will build the fraud detection system for Europe’s planned digital currency, a deal worth up to $278 million.
SoFi launches options trading for beginners
The digital bank is expanding its investment offerings with a lower-risk, fee-free level of options trading.
Citi and US Bank leaders drive tech-powered risk reform
Jennifer Taylor at Citibank and Jodi Richard at U.S. Bank are driving a rethinking of how to tackle the risks banks face using technology.
Does the ‘subscription economy’ offer banks an opportunity?
As consumers use digital subscriptions for everything from streaming movies to cooking meals, financial apps are taking different approaches to helping their customers navigate recurring payments. Should banks get in on the action?
Bond yields sank — so why aren’t mortgage rates following?
While new jobs data contributed to falling Treasury yields, mortgage rates showed a mixed picture with some trackers moving in opposite directions.
Visa to open Visa Direct to stablecoins
The payments company is opening its real-time payments network, Visa Direct, to stablecoins through a prefunding pilot that will allow businesses to move money across borders when banks are closed.