August's hotter-than-expected inflation data has intensified pressure on Federal Reserve Chairman Kevin Warsh to raise interest rates at the Fed's September 15-16 meeting. Warsh has emphasized that inflation remains above the Fed's 2% target and should be the central bank's main focus, contrasting with other Fed officials who prefer waiting for more data. If Warsh does not act, he risks appearing weak in his leadership amid internal and external scrutiny, especially with political pressures ahead of the November midterm elections. The upcoming meeting will be crucial in defining Warsh's control over Fed policy and the central bank's direction on inflation.
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
First Pacific Bancorp announced solid third quarter 2026 results, with total assets reaching $532 million, up $42 million from year-end 2025. Deposits increased to $449 million, and loans grew to $362 million, reflecting steady balance sheet expansio...
ICEYE and Nokia have signed a Letter of Intent with Ukraine's Ministry of Defence to collaborate on building sovereign satellite communication capabilities. This partnership aims to enhance Ukraine's defense by providing secure, high-performance sate...
Dayton T. Brown, Inc. inaugurated its new 104,000-square-foot Test & Qualification Center in Huntsville, Alabama, enhancing its capacity to support aerospace, defense, and propulsion programs. The facility's strategic location near Huntsville's aeros...
A new study by The Grossman Group reveals that while 60% of chief communications officers (CCOs) have influence at the leadership level, their communications functions lack the necessary systems, skills, and AI capabilities to fully meet their mandat...
