The Business & Technology Network
Helping Business Interpret and Use Technology
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Two US banks are alerting tens of thousands of customers after hackers breached the systems of a third-party vendor. In a filing with the Office of the Maine Attorney General, the Delaware-based community bank Artisans’ Bank says 32,344 customers are impacted by a cybersecurity incident at Marquis Software Solutions. Marquis specializes in providing software for managing customer data, marketing...
JPMorgan Chase believes two data center-linked companies are likely undervalued. In a new CNBC interview, JPMorgan analyst Steve Tusa says he’s bullish on industrials as the sector is being lifted by the hundreds of billions of dollars in hyperscaler capital expenditures (CapEx). According to Tusa, the data center trade is one of the bank’s biggest plays, and he’s looking at the digital...
Best-selling author Robert Kiyosaki says silver’s price explosion may signal that hyperinflation is incoming. The Rich Dad Poor Dad author believes silver could reach $200 an ounce in 2026. “SILVER over $70. GREAT NEWS for gold and silver stackers. BAD NEWS for FAKE MONEY savers. I am concerned $70 silver may signal hyperinflation in 5 years as the fake $ keeps losing value. Don’t be a loser....
Nearly a quarter of a million Americans are being warned that their personal and financial information may have been exposed after hackers breached a US-based financial services firm. According to disclosures made to state regulators, the accounting and advisory firm SAX LLP reported that an unauthorized party gained access to parts of its network, potentially compromising sensitive data...
Asset management giant BlackRock says one powerhouse sector of the market is going strong heading into 2026. In a new report, BlackRock says the next year will be defined by artificial intelligence (AI), which the firm says is growing at an unprecedented rate and will help push the US stock market to heights it has never seen before. “We’ve long argued we’re in a world of structural...
Billionaire Citadel CEO Ken Griffin just poured a massive amount of money into big bets on the future of technology and artificial intelligence. For starters, Citadel’s latest 13F filing shows Griffin ramped up stakes in six Magnificent Seven stocks during Q3 2025, adding over $4.2 billion in value based on September 30th closing prices. He doubled Citadel’s Microsoft (MSFT) position with 1.99...
Three members of the Brazil, Russia, India, China and South Africa (BRICS) economic bloc dumped US debt worth billions of dollars in the most recent reported period, according to the U.S. Treasury Department. The latest data from the Treasury International Capital System shows Brazil, China and India collectively dumped US treasuries valued at $28.8 billion in October. India led the pack,...
A US city is preparing to hand out a pile of cash in a new guaranteed income program for disadvantaged residents. The New York City Council says it is allocating $1.5 million in the 2026 budget for a guaranteed income initiative known as the “Cash with Care” program, targeting residents facing housing insecurity. “The goal of the guaranteed income program is to support young people along their...
A US healthcare firm has agreed to pay out millions of dollars to settle a class action lawsuit filed over a data breach. According to the settlement administrator’s portal, Alabama Cardiology Group will pay $2.225 million to settle the lawsuit accusing it of negligence in the handling of patients’ data. Under the settlement, individuals who provide documentation proving they suffered out-of-...
The U.S. Department of Justice says a bank manager drained hundreds of thousands of dollars in cash from an American lender. The DOJ says a jury has convicted 35-year-old Arizona resident Brooke McDonough of one count of embezzlement by a bank employee, six counts of transactional money laundering and five counts of structuring transactions to evade reporting requirements. McDonough served as a...