How Keeping Private Credit Safe Became Iowa’s Problem

A trillion dollars worth of Americans’ life insurance money is in private debt deals. State regulators say they are on top of it.

LAPD fired munition at anti-ICE protest that left man blind in one eye, legal claim says

A 23-year-old autistic man has filed a legal claim stating that Los Angeles police blinded him in one eye by firing a less-lethal round at his head during a demonstration in January against the Trump ...

New push for LAPD oversight — and firing problem cops — moves toward November ballot

A series of proposed changes to the city's charter includes language that would give the LAPD chief the power to fire ...
Fox Business

Ex-trader files $400M lawsuit against UBS over Libor manipulation scandal

Tom Hayes, the former British trader jailed over the Libor interest rate scandal, has filed a $400 million lawsuit against UBS, alleging "malicious prosecution and corporate scapegoating" by his ...
MarketWatch

U.K. Supreme Court quashes Tom Hayes’ Libor conviction

Tom Hayes has won a final bid to quash a conviction that made him the first trader jailed for Libor interest rate rigging, after a decade spent trying to clear his name. The UK’s Supreme Court allowed ...
AOL

What was the LIBOR rate, and what happened to it?

LIBOR once served as the foundation of global lending, affecting everything from credit cards to corporate loans. For over 30 years, these benchmark interest rates determined borrowing costs for ...
Digital Trends

The most common Windows 11 problems and how to fix them

With Windows 10 officially losing support next year, Windows 11 is poised to take over as the dominant operating system. Many users have already switched over to the latest Microsoft OS – and while it ...
Business Wire

U.K. Financial Conduct Authority Issues Final Announcement Regarding the Cessation of U.S. Dollar LIBOR ®

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today notes the final announcement from the U.K. Financial Conduct Authority (FCA ...
The TRADE

FCA confirms no chance of further Libor extension as September deadline approaches

The UK’s Financial Conduct Authority (FCA) today issued a reminder of the expected cessation of the remaining synthetic US dollar LIBOR settings in late September 2024. With three months to go until ...
HousingWire

FHA publishes final rule on LIBOR rate index transition

The Federal Housing Administration (FHA) on Wednesday published the “Adjustable Rate Mortgages: Transitioning from LIBOR to Alternate Indices” final rule in the Federal Register, providing ...
Business Wire

Citi LIBOR Transition Update

NEW YORK--(BUSINESS WIRE)--On June 30, 2023 (the “Cessation Date”), ICE Benchmark Administration (“IBA”) ceased publication of all ICE Swap Rate settings based on USD LIBOR. This cessation followed ...