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DOGE staffer violated Treasury rules by emailing unencrypted personal data
Banks

DOGE staffer violated Treasury rules by emailing unencrypted personal data

Posted on: March 18, 2025

A Department of Government Efficiency (DOGE) staffer breached Treasury policies by sending an email with unencrypted personal information. According to testimony from a senior government cybersecurity official in […]

Forever 21 Files for Bankruptcy Again
Banks

Forever 21 Files for Bankruptcy Again

Posted on: March 18, 2025

Forever 21 will continue operating its website and stores while winding down operations and seeking a buyer for some or all of its assets, according to a statement […]

Banks

Forever 21 Files for Bankruptcy Again Leading to Liquidation

Posted on: March 17, 2025

Fast-fashion retailer Forever 21’s U.S. operating company has filed for Chapter 11 bankruptcy for the second time in six years, driven by declining mall traffic and increasing competition […]

The Fed Is in Wait-and-See Mode. Investors Want Reassurance It Will Act If Needed
Banks

The Fed Is in Wait-and-See Mode. Investors Want Reassurance It Will Act If Needed

Posted on: March 17, 2025

Jerome Powell faces the challenge of reassuring investors about the economy’s stability while conveying that policymakers are prepared to act if necessary. Despite the Federal Reserve chair highlighting […]

Senate Democrats Call for Investigation into Trump and Musk’s Tesla Event
Banks

Senate Democrats Call for Investigation into Trump and Musk’s Tesla Event

Posted on: March 14, 2025

Senate Democrats are urging an investigation into a White House event where President Trump and adviser Elon Musk promoted Tesla vehicles, alleging it violates federal ethics laws. Democratic […]

Citigroup Plans to Reduce IT Contractors and Expand In-House Staff
Banks

Citigroup Plans to Reduce IT Contractors and Expand In-House Staff

Posted on: March 13, 2025

Citigroup intends to cut its reliance on external IT contractors from 50% to 20%, according to an internal presentation by technology head Tim Ryan. The bank plans to […]

GQG Partners’ Fund Outperforms S&P 500 Amid Market Volatility
Banks

GQG Partners’ Fund Outperforms S&P 500 Amid Market Volatility

Posted on: March 13, 2025

GQG Partners’ U.S. Select Quality Equity Fund (GQEPX) has outperformed the S&P 500 over the past five years. Rated five stars by Morningstar, GQEPX is down just 3% […]

Warren Buffett Praised for Selling Apple Stake and Building Cash Before Market Decline
Banks

Warren Buffett Praised for Selling Apple Stake and Building Cash Before Market Decline

Posted on: March 13, 2025

Warren Buffett has been widely praised for reducing his Apple stake and building a significant cash reserve before the recent market downturn. Social media is filled with admiration […]

Trump Administration’s Plans to Dissolve CFPB Despite Reviving Work
Banks

Trump Administration’s Plans to Dissolve CFPB Despite Reviving Work

Posted on: March 12, 2025

An official from the Consumer Financial Protection Bureau (CFPB) testified under the pseudonym Alex Doe that the Trump administration had plans to fully dissolve the watchdog agency as […]

Senate votes to strip the CFPB of its power to regulate X
Banks

Senate votes to strip the CFPB of its power to regulate X

Posted on: March 6, 2025

The Senate voted on Wednesday to remove a key financial regulator’s ability to monitor digital platforms like X. This decision comes as Elon Musk, the owner of the […]

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