The IRCC, which banks use to set the interest rate for new loans taken since the spring of 2019, will start falling in the first quarter of 2026 to 5.68%, being calculated on the basis of Q3/2025 data, after the IRCC level applied in the last quarter of 2025 climbed to a record high of 6.06% (being calculated on the basis of Q2/2025 data).
YZi Labs is challenging CEA Industries’ newly adopted poison pill and bylaw changes, accusing the board of entrenchment and misrepresenting its commitment to a BNB treasury. Changpeng “CZ” Zhao-backed YZi Labs has escalated its campaign against CEA Industries over a newly adopted poison pill (a defensive tactic a company’s board uses to make a hostile takeover extremely difficult or expensive), and bylaw amendments that it claims are “stockholder-unfriendly” and intended to entrench the current board. The investment firm, backed by Binance founder CZ, outlined its objections in a Monday filing with the United States Securities and Exchange Commission (SEC) and in a parallel public X statement on Wednesday. YZi said it is reviewing CEA’s adoption of a shareholder rights plan and bylaw changes that affect shareholders’ ability to act by written consent. Read more