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Government watchdogs propose tougher scrutiny of nonbank financial companies

Bryan Mena, CNN In response to last month’s turbulence in the banking industry, financial regulators on Friday proposed a more comprehensive approach in identifying and addressing threats to financial stability, including closer scrutiny of nonbank financial companies. US Treasury Secretary Janet Yellen announced a new framework proposed by the Financial Stability Oversight Council that outlines

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White House begins early planning for 6G development

CNN By Samantha Murphy Kelly, CNN The White House plans to meet on Friday with government officials, business leaders and members of the academic community to discuss strategies for building out next-generation 6G wireless technology and lessons learned from the rollout of 5G. The 6G technology is almost certainly years away, but the administration’s effort

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European air traffic control says attack by ‘pro-Russian hackers’ not affecting flights

By Julia Horowitz and Catherine Nicholls, CNN Europe’s air traffic control authority says it has been battling an ongoing attack, claimed by pro-Russian hackers, since Wednesday. There hasn’t been any impact on flights, though access to its website has been affected, according to the European Organization for the Safety of Air Navigation, or Eurocontrol. “The

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Is Big Oil running out of gas?

By Nicole Goodkind, CNN Oil and gas stocks have been on a two-year tear, ripping ahead as natural gas prices surged due to supply chain kinks, a strong economy, and Russia’s invasion of Ukraine. Fears of a recession are now slamming on the brakes. What’s happening: Brutally high oil and gas prices were the talk

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