Federal Reserve is a key entity in the topic category, frequently mentioned in financial news and analysis.
Bitcoin slipped below $82,000 after September's core CPI came in hotter than expected, reviving speculation about another Fed rate hike as soon as October.
Bitcoin dips below $64k after July CPI of 3.4% matches forecasts, with analysts arguing the print buys the Fed time rather than signaling conviction.
Increase launches Increase Bank, a FDIC-member bank with a built-from-scratch core and direct rails to the Federal Reserve, The Clearing House, and Visa to enable API-first fintech banking infrastructure.
Upstart wins provisional OCC approval to establish Upstart Bank, potentially enabling deposit funding and direct lending with pending FDIC and Fed approvals.
Wise's US national trust bank charter application was rejected by the OCC, triggering a ~7% share drop and ongoing regulatory scrutiny, with a plan to refile under the Genius Act framework; current US operations remain intact.
Headline notes US CPI at 4.2%, a key inflation datapoint with potential market and policy implications.
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