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House Democrats Propose Government-Run Credit Reporting System

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House lawmakers on Tuesday called for sweeping reforms to the credit reporting industry — with some Democrats going so far as proposing a nationally run system, saying the three major bureaus are failing Americans. House Democrats Propose Government-Run Credit Reporting System Three pieces of legislation were put forth for discussion,…

REvil Ransomware Hits 200 Companies In MSP Supply-Chain Attack

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A massive REvil ransomware attack affects multiple managed service providers and their clients through a reported Kaseya supply-chain attack. REvil Ransomware Hits 200 Companies In MSP Supply-Chain Attack Starting this afternoon, the REvil ransomware gang, aka Sodinokibi, targeted MSPs with thousands of customers, through what appears to be a Kaseya…

US Seeks To Break Up Amazon And Other Big Tech Companies

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Certain suppliers are asked to give Amazon the right to buy shares at potentially lower-than-market rates as part of their contract. US Seeks To Break Up Amazon And Other Big Tech Companies Suppliers that want to land Amazon.com Inc. as a client for their goods and services can find that…

World’s Top Pension Fund Books ‘Historic’ $339 Billion Gain

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The world’s biggest pension fund posted a record return for the fiscal year ended March, boosting its assets to a new high and beating its benchmark for the first time in seven years. World’s Top Pension Fund Books ‘Historic’ $339 Billion Gain Japan’s Government Pension Investment Fund booked a gain…

Supreme Court Refuses To Curb Government Power To Take Land Via Eminent Domain

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The U.S. Supreme Court refused to consider putting new limits on the government’s power to use eminent domain to take private property for economic development purposes. Supreme Court Refuses To Curb Government Power To Take Land Via Eminent Domain The justices on Friday turned away an appeal by Chicago businessman…

China, India Move Tens Of Thousands Of Troops To The Border In Largest Buildup In Decades

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Both countries have built new infrastructure to support larger deployments and positioned advanced military equipment in the region. China, India Move Tens Of Thousands Of Troops To The Border In Largest Buildup In Decades China and India have sent tens of thousands of soldiers and advanced military equipment to their…

Strike To Offer ‘No Fee’ Bitcoin Trading, Taking Aim At Coinbase And Square

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Jack Mallers takes on Coinbase and its “asinine” trading fees. Strike To Offer ‘No Fee’ Bitcoin Trading, Taking Aim At Coinbase And Square Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today. In an announcement on…

Coinbase Reveals Plans For Crypto App Store Amid Global Refocus

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Coinbase is looking to bolster its global presence, announcing it will focus on launching new products “in most countries by default” moving forward, including a crypto app store. Coinbase Reveals Plans For Crypto App Store Amid Global Refocus Top U.S.-based centralized crypto exchange, Coinbase, has announced plans to launch a…

What It Will Take To Protect Cities Against Cyber Threats

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Local governments are increasingly targeted by hackers, but limited resources and sprawling computer systems make cyberattacks difficult to combat. What It Will Take To Protect Cities Against Cyber Threats When Gary Brantley stepped into the role of Atlanta’s chief information officer in October 2018, he inherited a system still reeling…

A Guide To Europe’s Newest ‘Safe Asset’ And Rival To U.S. Treasuries

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The European Union is issuing bonds like never before. A Guide To Europe’s Newest ‘Safe Asset’ And Rival To U.S. Treasuries An 800 billion euro ($950 billion) pandemic rescue fund has triggered the biggest-ever splurge in joint borrowing by the bloc’s 27 members. Add to that a 100 billion euro…

Mexico May Not Be Following El Salvador’s Example On Bitcoin… Yet

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A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin. Mexico May Not Be Following El Salvador's Example On Bitcoin... Yet Authorities behind financial regulation in Mexico have warned against financial institutions handling cryptocurrencies,…

Home Security Company ADT Betting On Google Partnership To Build Revenue

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The alarm system-provider began selling Google’s Nest products this spring, hoping to solidify its place in the smart-home arena. Home Security Company ADT Betting On Google Partnership To Build Revenue Security-system provider ADT Inc. is betting on its partnership with Google’s smart-home business to increase revenue as it struggles to…