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Economic News

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Appointment of Agent by Foreign Issuer (Form F-N)

February 11, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM F-N APPOINTMENT OF AGENT FOR SERVICE OF PROCESS BY FOREIGN BANKS AND FOREIGN INSURANCE COMPANIES AND CERTAIN OF THEIR HOLDING COMPANIES AND FINANCE SUBSIDIARIES MAKING PUBLIC OFFERINGS OF SECURITIES IN THE UNITED STATES The Filer certifies that it has duly caused this power of…

Primary Offering Prospectus (Form 424B2)

February 11, 2025

$478,000 Floating Rate Senior Debt Funding Notes Linked to the Consumer Price Index due February 13, 2030. The Issuer's estimated value of the notes on the Trade Date is $971.06 per $1,000 Principal Amount of notes, which is less than the Issue Price. Neither the Securities and Exchange Commission nor any state securities commission has approved or…

How major US stock indexes fared Tuesday, 2/11/2025

February 11, 2025

U.S. stocks drifted to a mixed close following President Donald Trump’ s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while. The S&P 500 ended flat Tuesday in its first trading since Trump imposed 25% tariffs on foreign steel and aluminum. Treasury yields inched higher after Federal Reserve Chair Jerome…

ONB Investment Thesis 4Q24

February 11, 2025

In addition, certain statements may be contained in our future filings with the Securities and Exchange Commission, in press releases, and in oral and written statements made by Old National Bancorp that are not statements of historical fact and constitute forward-looking statements within the meaning of the Act. There are a number of factors that could…

North Carolina poised for another leading step on digital currency

February 11, 2025

The bill comes five months after the General Assembly, by veto override, enacted a law prohibiting "payments to the state using Central Bank digital currency or participation by the state in Federal Reserve Branch testing of Central Bank digital currency." Nationally last year, the Financial Innovation and Technology for the 21st Century Act– known as FIT21–…

SEC requests a pause in legal battle with Binance as the agency adapts a crypto-friendly stance

February 11, 2025

The U.S. Securities and Exchange Commission is seeking to pause its high-profile lawsuit against the cryptocurrency exchange Binance as the regulator tries to present itself as more crypto-friendly under a new administration. Binance and the SEC filed a joint motion Monday asking for a 60- day stay in a lawsuit the regulator filed with significant fanfare…

Free Writing Prospectus (Form FWP)

February 11, 2025

The notes are being issued by The Bank of Nova Scotia. The initial estimated value of the notes as of the pricing date is expected to be between $9.21 and $9.51 per unit, which is less than the public offering price listed below. None of the U.S. Securities and Exchange Commission, any state securities commission, or any other regulatory body has approved or…

FHLBank Chicago Announces 2024 Financial Highlights

February 11, 2025

FHLBank Chicago expects to report net income of $620 million for 2024 when it files the Form 10- K with the Securities and Exchange Commission next month. In total, FHLBank Chicago provided $168 million in 2024 to support the affordable housing and economic development needs of its members, helping to create thriving communities across Illinois and…

Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy

February 11, 2025

Federal Reserve Chairman Jerome Powell testified on Capitol Hill Tuesday for the first of two hearings this week. Powell told the panel that the Federal Reserve is in no hurry to adjust its monetary policy as it continues towards its goal of 2% annual price growth. The Federal Reserve lowered interest rates by a percentage point last year in a series of…

Stock market today: Wall Street holds firm following Trump's latest tariffs

February 11, 2025

—Wall Street held relatively firm on Tuesday following President Donald Trump’ s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while. The moves were modest not only for U.S. stocks but also in the bond market, where Treasury yields rose by only a bit. Most of Wall Street agrees that substantial and sustained…

Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead

February 11, 2025

—The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first of a two-day appearance before Congress. Elizabeth Warren, a Democrat from Massachusetts, urged Powell to maintain the Fed's support for the Consumer Financial Protection…

InvestmentNew Obtains SEC and MSB Dual Licenses, Partnering with International Financial Institutions to Expand Global Market

February 11, 2025

Entering the Global Compliance Financial System with SEC and MSB Licenses. The SEC license allows InvestmentNew to offer legal securities and investment trading services in the U.S., while the MSB license further authorizes the company to conduct international remittances, cryptocurrency trading, foreign exchange transactions, and payment settlement…

What is debt really?

February 11, 2025

For some time now, the government has been using the sale of Treasury bonds to fund shortfalls in tax revenue. Primary banks are required to buy the vast majority of Treasury bonds from the Federal Reserve. Primary banks use a large portion of Treasury bonds to expand the money supply as Treasury bonds can be used as reserves.

Carlyle Group Fourth Quarter 2024 Earnings Financial Data Supplement

February 11, 2025

*FY'20 Fee Related Earnings were $520 million, or $490 million excluding the impact of $30 million in one-time litigation cost recoveries.For detailed definitions of the operating metrics above, please see The Carlyle Group Inc.' s filings with the U.S. Securities and Exchange Commission. In Q4 2024, we began reporting Deployment in place of Invested Capital…

Five questions for Kristin Pruitt President, Lake City Bank

February 11, 2025

1 You were announced on Jan. 14 as a new board member for the Federal Reserve Bank of Chicago, set to serve a three-year term. I'm very excited to bring my insights about what is happening in Indiana to help the policymakers understand the real-life, human side of the data that they are working with to make decisions. A: The Fed is often in the news because of its role in…

Knisley appointed to Central Ohio Advisory Council

February 10, 2025

Feb. 10— LIMA— The Federal Reserve Bank of Cleveland has appointed Mike Knisley to its Central Ohio Advisory Council. The Federal Reserve Bank of Cleveland is part of the Federal Reserve System, the central bank of the United States. The Federal Reserve Bank of Cleveland engages with businesses across the Fourth District to collect timely input on current…

Business Combination Prospectus (Form 425)

February 10, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549. Pursuant to Section 13 or 15 of the Securities Exchange Act of 1934. Former Name or Former Address, if Changed Since Last Report: Not Applicable.

Proxy Statement (Form DEF 14A)

February 10, 2025

TABLE OF CONTENTS​​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549​ SCHEDULE 14 A SCHEDULE 14 A INFORMATION​ Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement​☐ Confidential, for Use of the…

Fourth Quarter 2024 Financial Supplement

February 10, 2025

The following financial supplement is provided to assist in your understanding of Arch Capital Group Ltd. and its subsidiaries. It should be read in conjunction with documents filed by Arch with the U.S. Securities and Exchange Commission, including the most recent Annual Report on Form 10- K and the Quarterly Reports on Form 10- Q. Please refer to the…

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