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Startup founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase
Charlie Javice, founder of a startup acquired by JPMorgan Chase in 2021 for $175 million, was sentenced to just over seven years in prison Monday for defrauding the bank by overstating how many customers the fintech firm had. In March, a 12-person jury found Javice and her chief growth officer Olivier Amar guilty on three counts of fraud and one count of conspiracy to commit fraud. Prosecutors had sought a sentence of 12 years. Javice, 33, cried as she delivered an emotional statement to the court Monday. Standing to address the judge, Javice said she felt profound remorse for her actions and asked for forgiveness ... (full story)
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From destatis.de|Sep 30, 2025The inflation rate in Germany is expected to be +2.4% in September 2025. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same ...
From cnbc.com|Sep 30, 2025Australia’s central bank expectedly held benchmark policy rates at 3.6% on Tuesday as inflation in the country stays at its highest level in more than a year. The move was in line ...
From financefeeds.com|Sep 30, 2025Kazakhstan has taken a decisive step into the digital asset economy with the launch of its first national cryptocurrency reserve, the Alem Crypto Fund. The initiative, announced ...
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From cftc.gov|Sep 30, 2025Thank you, Chairman Atkins, and to your staff for hosting the CFTC today. I want to especially thank Ileana Ciobanu, Phil Raimondi, and Taylor Asher from the SEC, and Abigail from ...
From ecb.europa.eu|Sep 30, 2025Here in Finland, the idea that economics cannot be separated from geopolitics is hardly new. During the early 1990s, as the Soviet Union collapsed, Finland lost more than 10% of its GDP when trade with its eastern neighbour suddenly evaporated. Few countries know better the costs of ignoring geopolitical realities. Today, the rest of Europe is facing a similar reckoning. We find ourselves in a new world – one where policymakers can no longer confine themselves to traditional economic and financial variables. Now, we must factor “geoeconomics” into our analyses. The term was coined in 1990 by Edward Luttwak, who described geoeconomics as “the admixture of the logic of conflict with the methods of commerce”. It is not protectionism in the old sense of sheltering vulnerable industries. Instead, it is trade deployed as a tool of power, a strategy of influence and dominance. MORE ECB'S LAGARDE: POLICY RATE AT 2% GIVES ECB SPACE TO RESPOND IN THE CASE OF SHOCKS OR SHIFTING INFLATION RISKS #christinelagarde #monetarypolicy #ecb #eurozone #monetarypolicy #trade #tariffs #inflation ECB President Lagarde: Inflation risks seen as contained MORE ECB'S LAGARDE: 2-SIDED RANGE OF RISKS TO INFLATION, BALANCED RISKS TO GROWTH HAVE NARROWED SINCE LAST RATE MEETING #christinelagarde #monetarypolicy #ecb #eurozone #monetarypolicy #trade #tariffs #inflation
From @financialjuice|Sep 30, 2025Fed's Collins: It may be appropriate to cut rates again if data supports easing. Fed's Collins: Supported the recent Fed rate cut given risks to Fed mandates. <=USD>:*COLLINS: MY INFLATION OUTLOOK SIMILAR TO MEDIAN FED PROJECTION *COLLINS: I DON'T EXPECT LABOR MARKET TO SOFTEN MUCH FURTHER *COLLINS: I STILL SEE MODESTLY RESTRICTIVE STANCE AS APPROPRIATE *COLLINS: SEE SOME RISK OF MORE MEANINGFUL UNEMPLOYMENT INCREASE Fed’s Collins: Can’t Rule Out Worse Outlooks For Inflation, Job Market While Inflation Threat Remains Upside Risks To Price Pressures Have Waned Baseline Outlook Is Relatively Benign Expects Hiring To Rebound Once Firms Acclimate To Tariffs $JPM $BAC Boston Fed's Collins cautious on future rate cuts amid inflation, labor risks
