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Boston Fed President Collins sees caution on future interest rate cuts
CNBC· 2025-09-30 13:07
Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Thursday, March 30, 2023.Boston Federal Reserve President Susan Collins on Tuesday expressed support for the recent interest rate cut, but showed some skepticism on the extent of future moves as she sees continued threats from inflation.Speaking in New York, the central bank policymaker noted risks to both higher inflation an ...
Morning Minute: SWIFT Goes On-chain
Yahoo Finance· 2025-09-30 13:01
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors green but pulling back after Monday rally; BTC at $113k SWIFT partners with Consensys to bring payments onchain SEC & CFTC promise closer cooperation in crypto oversight Meteora announces Oct 23 TGE date, shares new airdrop mechanism Andre Cronje raises $200M ...
Deutsche Börse and Circle Partner to Expand Stablecoin Use in Europe
Yahoo Finance· 2025-09-30 12:41
European Banking Authority stablecoin. Photo by BeInCrypto Europe’s largest exchange operator is moving to put stablecoins inside its market infrastructure. The step is designed to push the euro closer to relevance in digital finance. Deutsche Börse Group said it will work with Circle Internet Financial to deploy the issuer’s euro- and dollar-backed tokens under the EU’s new crypto rulebook. The initiative also follows recent pilots where Circle’s USDC and EURC were used by Visa to test faster cross-borde ...
Some employers are offering reluctant RTO employees severance packages instead — but they come with a catch
Yahoo Finance· 2025-09-30 12:30
Raj Namboothiry, head of staffing firm Manpower’s US division, told Business Insider that if employers start downgrading severance to one-size-fits-all or none-at-all, workers will see no advantage to staying at a company for more than a few years — and that could cost employers a lot in turnover.Amazon, for its part, issued an ultimatum: Workers must return to the office at operation centres in Seattle, Arlington, Va., or Washington, D.C. — or resign without any severance at all [4].But there is no federal ...
AWH Closes $9.3 Million Mortgage Financing on Three Ohio Properties
Prnewswire· 2025-09-30 12:00
NEW YORK, Sept. 30, 2025 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a leading multi-state, vertically integrated cannabis operator, entered into and closed, effective September 12, 2025, a $9,345,000 secured financing transaction with CF Bank, pursuant to which AWH mortgaged real estate on three properties in Ohio (the "Ohio Mortgage Loan"). The Ohio Mortgage Loan bears interest at a competitive 8.5% per annum and matures in September 2030. The Ohio ...
Chainlink, UBS Advance $100T Fund Industry Tokenization via Swift Workflow
Yahoo Finance· 2025-09-30 10:00
Chainlink said it developed a technical process allowing banks to interact with tokenized investment funds through Swift, the interbank messaging system that underpins much of traditional finance. In a pilot with UBS, Chainlink’s Runtime Environment (CRE) processed subscriptions and redemptions for a tokenized fund using ISO 20022 messages, the international standard for financial messaging used by Swift. The blockchain workflows were triggered directly from UBS’s existing systems after CRE received the ...
Asian firms shift investment towards Europe in supply chain 'realignment', ING says
Yahoo Finance· 2025-09-30 09:30
Asian companies, particularly those in China, are undergoing a structural transformation in their supply chains, with many redirecting investments towards Europe amid a decoupling from the US, according to a senior banker at ING. As Washington continues to negotiate with trade partners, companies active in the region - both local and international - recognised the need to diversify their supply chains, said Uday Sareen, CEO and head of wholesale banking for Asia-Pacific at the Dutch bank. "We see a struc ...
SNB Made First Meaningful Franc Sales in Three Years After Trump’s Tariffs Triggered Surge
Yahoo Finance· 2025-09-30 08:56
The Swiss National Bank made its most significant sales of the franc in more than three years, acting to stem a surge in the currency caused by Donald Trump’s tariff push. Most Read from Bloomberg Switzerland’s central bank purchased foreign exchange worth 5.1 billion francs ($6.4 billion) in the second quarter, according to data published on Tuesday. That’s in line with estimates made by UBS Group AG before the announcement. The interventions mark the end of an effective 15-month hiatus in the SNB’s m ...
India bond yields inch down on quarter-end buying; RBI policy key
The Economic Times· 2025-09-30 04:42
The yield on the 10-year benchmark note was at 6.5483% as of 10:00 a.m. IST on Tuesday, after ending at 6.5547% in the previous session. "We do not think there should be any selling pressure today, and bonds will remain steady, with closing for the benchmark eyed around 6.53%-6.54%," a trader with a state-run bank said. A majority of respondents in a Reuters poll expect the "We believe there are enough reasons for the RBI to depart from its recent guidance, deliver further 25 bps easing in October, and ad ...
How to Avoid Costly Mistakes During A Market High
The Smart Investor· 2025-09-30 03:30
Buoyed by optimism in global growth, markets remain close to record highs. For many investors, market highs feel like a time for opportunities in new investments. Record highs can be exhilarating, but they can be lethal, costly mistakes.The decision to pivot in for quick wins and trade in for new trendy stocks can be very tempting, but the regret of acting too impulsively is almost a culture.Follow as we break down five common and expensive mistakes that you can avoid during the market’s record peaks.  Mist ...