Waystar CEO Matthew Hawkins sells $2.16m in shares

Following the Federal Reserve’s announced quarter-point rate hike on Sept. 16 — and the potential for more increases in the future — Wall Street began fretting anew over what the higher rates will mean for the mountain of debt that will need to be refinanced in the next few years. Jeff Sica, president of Circle…

“At least 25 states introduced bills to repeal or restrict data center tax subsidies, but such legislation passed in only eight states,” according to research by the Center on Budget and Policy Priorities.  Bloomberg News The tax breaks that help bring data centers into existence are attracting tighter scrutiny from state legislators who believe the lost…

Executive Summary The discussion included the overall calibration of bank capital requirements in the UK, as well as the areas identified by the FPC for further work in December, which were: the usability of buffers, the functioning of the leverage ratio framework; and the interactions between different elements of the capital stack, particularly in relation…

The U.S. Department of Housing and Urban Development (HUD) has launched an investigation into Wells Fargo, alleging the bank may have violated the Fair Housing Act through racially discriminatory mortgage lending. Marketing campaigns, lending programs and public outreach specifically geared toward boosting Black homeownership were cited as the basis of the probe in a letter…

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