SitusAMC, a technology provider of real estate lending services, said it was hit by a cyber attack on November 12, according to The New York Times. Several large banks, including JPMorgan Chase, Citigroup and Morgan Stanley, have been notified by SitusAMC that their customer data may have been compromised. Reuters said it could not immediately verify the report.
Diplomats said the United Nations Security Council will meet on Friday to discuss the process by which France, Britain and Germany can reimpose sanctions on Iran.
European cryptocurrency platform Bitpanda has announced that co-CEO Paul Klanschek will step down from his management role and move to the role of advisor to the company. Current deputy CEO Lukas Enzersdorfer-Konrad will take over his position. Another co-founder and co-CEO Eric Demuth will remain. It is reported that the company is evaluating a number of strategic options, including the possibility of listing on the Frankfurt Stock Exchange, which is expected to be valued at $4 billion. Klansch...
U.S. Treasury Secretary Vincent Bescent: 100 smaller countries will receive a fixed tariff rate, and many have never even contacted us.
An artificial intelligence-driven system could soon be tasked with assessing the potential harms and privacy risks involved in up to 90 percent of updates to Meta apps like Instagram and WhatsApp, according to internal documents. A 2012 agreement between Facebook (now Meta) and the US FTC requires the company to conduct privacy reviews of its products to assess the risks of any potential updates, NPR said. To date, these reviews have largely been completed by human evaluators...
President Trump: [On potential action to take similar measures against other universities other than Harvard] is looking at many things.
On May 16, according to the Financial Times, US President Donald Trump said during a meeting with business executives in the United Arab Emirates on Friday that the United States may unilaterally set new tariff rates on many trading partners, rather than reach an agreement with all trading partners. Washington will impose new tariffs "in the next two to three weeks". Trump added that Treasury Secretary Vicente and Commerce Secretary Luthnik will "send out letters basically telling people how muc...
The Wall Street boss who has accurately predicted many bull and bear turns has sung against the wind! He asserted that the US stock adjustment is a good opportunity for long-term layout, betting that the S & P 500 index will break 10,000 points in 2029. Click to view...
US assets are "not fragrant"? Many major investment banks expect more room for the dollar to depreciate. Click to view...
US Trade Representative Jamison Greer: Many countries have said they will not retaliate, and some have lowered tariffs.