Kevin Warsh, President Trump's nominee to lead the Federal Reserve, cleared a key Senate Banking Committee vote along party lines, moving his nomination closer to full Senate approval. This development comes as Jerome Powell approaches the end of his term, with Warsh promising significant policy changes including rate cuts favored by Trump. The vote highlighted political divisions, with Republicans supporting Warsh and Democrats opposing him due to concerns over his independence. The full Senate could vote as early as the week of May 11, with Warsh potentially sworn in by May 15. Uncertainty remains over whether Powell will remain on the Fed board after his term ends, amid ongoing political and legal tensions.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
