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Bessent: Not Unreasonable To Have Discussion On Practices Of Credit Card Companies
Scott Bessent said it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can be considered.
Global Investors Hit 'Hyper-Bull' As Hedging Collapses, Says BofA Survey
Global fund managers are the most bullish since July 2021, January's Bank of America survey showed on Tuesday.
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Could Trump Jeopardize the Fed’s Global Dollar Backstop? What Wealth Advisors Need to Know
A longstanding often-overlooked pillar of global financial stability, Fed’s network of central bank swap lines has recently drawn renewed scrutiny.
$100 Million in Fictitious Deductions Generated in Fraudulent Tax Scheme
A former Florida-based investment advisor has been sentenced to eight years in federal prison for operating a fraudulent tax scheme.
Michael Burry Pulls Back From Chinese Tech Only to Double Long Position in Estée Lauder
Burry, investor best known for profiting from 2008 housing crisis, pulling back from Chinese technology stocks after brief and aggressive foray.
US Reportedly Plans to Slash Bank Rules Imposed to Prevent 2008-Style Crash
Trump’s deregulation drive opens the door to the biggest rollback of post-crisis protections in more than a decade.