User: newstrust Topic: Business
Category: Global Economy :: Regulation
Last updated: Sep 22 2017 05:55 IST RSS 2.0
 
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Wall Street’s watchdog fails to follow its own counsel on disclosing cyberattacks 22.9.2017 Washington Post
Wall Street’s watchdog fails to follow its own counsel on disclosing cyberattacks
Activehours raises $39 million for its new take on cash advances 21.9.2017 TechCrunch
 Nine months after raising $22 million for its unique take on the cash-advance business, Activehours has gone back to the venture capital well and pulled out another $39 million in financing. Led by Andreessen Horowitz, with participation from the company’s early-stage investors Matrix Partners, Ribbit Capital, and March Capital Partners, Activehours has managed to now raise nearly $65… Read ...
China's credit rating downgraded by S&P 21.9.2017 BBC: Business
Rating agency Standard & Poor's finds China less credit worthy because of a build up of debts.
The Finance 202: What happened to the party of fiscal conservatives? 21.9.2017 Washington Post
The Finance 202: What happened to the party of fiscal conservatives?
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Equifax breach puts credit bureaus' oversight in question 21.9.2017 Minnesota Public Radio: Business
The day that Equifax said millions of Americans' personal information had been exposed, lawmakers were considering legislation the industry favored. Now, some are calling for tougher regulation.
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Equifax Breach Puts Credit Bureaus' Oversight In Question 21.9.2017 NPR News
The day that Equifax said millions of Americans' personal information had been exposed, lawmakers were considering legislation the industry favored. Now, some are calling for tougher regulation.
Government watchdog blasts Education Department's financial oversight of colleges 21.9.2017 Washington Post
Government watchdog blasts Education Department's financial oversight of colleges
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Hurricane Maria has dealt a heavy blow to Puerto Rico’s bankrupt utility and fragile electric grid 21.9.2017 Washington Post
Hurricane Maria has dealt a heavy blow to Puerto Rico’s bankrupt utility and fragile electric grid
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California Legislature Approves Landmark Regulatory and Consumer Protection Framework for PACE Financing 20.9.2017 New Kerala: World News
SAN DIEGO and OAKLAND, Calif., Sept. 20, 2017 : The most successful energy-efficiency financing program in history just got markedly better as the California Legislature approved a comprehensive consumer protection, underwriting, and regulatory framework for Property Assessed Clean Energy (PACE) and sent it to Governor Jerry Brown's desk.
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How Heat Kills Farmworkers 20.9.2017 Mother Jones
On a recent summer morning in Mendota, a small farming community in California’s Central Valley, the sun glared down from a cloudless sky. The temperature was heading toward 101 degrees, and it had hit 106 a few days before—not unlike the blistering heat that blanketed much of the West Coast over Labor Day weekend. While […]
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Damaged by Hurricanes and "Vulture" Capitalism, Caribbean Islands Plead for Debt Relief 20.9.2017 Truthout - All Articles
Devastated by hurricanes, the Caribbean nations whose economies are largely dependent on tourism are appealing to the IMF for temporary relief from debt repayment. But that alone might not bring complete relief, as some of the debt is owned by exploitative "vulture funds" which have a history of aggressively pursuing defaulters regardless of the circumstances. A dog walks past damages on September 20, 2017, in Grand Case, on the French side of the Caribbean island of Saint-Martin, after hurricane Maria and Hurricane Irma hit the island. (Photo: HELENE VALENZUELA / AFP / Getty Images) Last week, just days after Hurricane Irma thrashed through the Caribbean with record-high winds, the Catholic bishop of the island nation of Dominica sent a letter to the managing director of the International Monetary Fund (IMF). Bishop Gabriel Malzaire pleaded with the IMF to temporarily delay debt payments from Antigua and Barbuda and other islands left in ruins by the storm. "The few dozen small Island States across the ...
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The Department of Education cuts off a student loan watchdog 20.9.2017 Minnesota Public Radio: News
The Education Department has terminated two agreements with the Consumer Financial Protection Bureau. Here's why that matters.
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The Department Of Education Cuts Off A Student Loan Watchdog 20.9.2017 NPR News
The education department has terminated two agreements with the Consumer Financial Protection Bureau. Here's why that matters.
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Before the breach, Equifax sought to limit exposure to lawsuits 20.9.2017 Washington Post
Before the breach, Equifax sought to limit exposure to lawsuits
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The technology, benefits, risks and regulatory measures you need to know about ICOs now 20.9.2017 techCrunch
 Organizations have raised more than $1.8 billion through initial coin offerings (ICO) since January 2017. For the first time, this June, Blockchain entrepreneurs raised more money through ICO than traditional venture capital investment. If you haven’t heard of ICOs, it’s the new fundraising phenomenon that has caught almost every investor’s attention. Read ...
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The Finance 202: Obama Wall Street speeches fail to spark Democratic outrage 19.9.2017 Washington Post: Politics
Democrats aren't going after the financial sector with a lot of zeal.
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The Health 202: Moderates would have to swallow deep Medicaid cuts for GOP health-care push to succeed 19.9.2017 Washington Post
The Health 202: Moderates would have to swallow deep Medicaid cuts for GOP health-care push to succeed
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Despite Equifax hack, GOP lawmakers want to deregulate credit agencies 19.9.2017 LA Times: Business

Even as millions of consumers grapple with fallout from the Equifax data breach, Republican lawmakers are quietly backing legislation to deregulate credit agencies and make them even less accountable for wrongdoing.

Bills are pending in Congress to limit class-action damages for violations of the...

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EU Chamber warns China: Open economy faster or risk backlash 19.9.2017 AP Business
BEIJING (AP) -- A foreign business group appealed to China on Tuesday to move faster in carrying out promises to open its state-dominated economy and warned that inaction might fuel a backlash against free trade....
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State, federal authorities proposing new rules on Equifax 19.9.2017 AP Business
NEW YORK (AP) -- State and federal authorities are proposing tougher regulations against Equifax and the entire credit monitoring industry after the company announced that personal information like Social Security numbers of about 143 million Americans was exposed....
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