Al Arabiya reports Israel is carrying out heavy bombardment of multiple towns in southern Lebanon.

Fed vice chair for supervision Bowman attended an invite-only BofA client dinner in New York on Wednesday night, several hours after the Fed released its latest policy decision. The event occurred during the Fed’s communication blackout, which bars officials from commenting publicly on the economy or monetary policy for several days around meetings and runs through the day after the meeting (Thursday). Fed guidance does not explicitly prohibit closed‑door meetings but requires officials to avoid sharing personal policy views with parties that could profit or to confer reputational advantages on a firm; policymakers should be cautious about meetings with those who could benefit from exclusive access or accepting invitations from for‑profit, non‑public events. It is unclear whether Bowman’s attendance violated Fed rules.

CSRC IPO counseling disclosure shows Yingren Technology Co., Ltd. and sponsor Guotai Haitong submitted a Guidance Completion Report to the Shanghai Securities Regulatory Bureau. Yingren filed its counseling record on Dec. 19, 2024; the counseling process lasted about 18 months. The fabless semiconductor designer's core business is the design and supply of high-performance solid-state drive controller chips; it also provides SSD and storage-system solutions for cloud computing, AI, data-center management and intelligent driving applications.