Fed Plans To Release Sweeping Bank‑Capital Rule By Late March: Top Regulator

ICE Arrests More Than 120 Illegal Immigrants At Memphis Nightclub Authored by Kimberly Hayek via The Epoch Times, Federal immigration officers arrested 121 illegal immigrants on Aug. 30 at a Memphis nightclub during a targeted multiagency enforcement action, the Department of Homeland Security (DHS) said. New Orleans field office for U.S. Immigration and Customs Enforcement (ICE) led Operation Corral Light at the El Corralon nightclub, in which officers executed federal and state warrants, DHS said in a statement on Sept. 1. The DHS said that those taken into custody included people with criminal...

Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing Authored by Tom Ozimek via The Epoch Times (emphasis ours), Treasury Secretary Scott Bessent said on May 14 that Washington and Beijing would begin formal discussions on artificial intelligence (AI) safety protocols following meetings between U.S. President Donald Trump and Chinese leader Xi Jinping in Beijing. Bessent’s comments come as the rival powers sought to stabilize ties strained by trade disputes, the Iran conflict, and AI competition. U.S. Treasury Secretary Scott Bessent arrives at Incheon International Airport ahead...

If 'Cash Is King', Berkshire Hathaway Leads The World The cash that companies hold is important for paying employees, funding operations, and as a measure of financial health. This chart, via Visual Capitalist's Boyan Girginov, shows the 50 companies with the largest cash holdings, using data from TradingView to highlight who is sitting on the largest war chests. This metric captures a company’s most liquid assets: cash plus short-term securities like T-bills that typically mature within a year. Which Companies Hold the Most Cash? Berkshire Hathaway leads the rankings with an impressive $382 billion. The data table...