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AI Is Making Business Email Compromise Nearly Impossible To Spot Authored by Adam H. Douglas via The Epoch Times (emphasis ours), Business email compromise (BEC) is a targeted fraud scheme in which criminals impersonate vendors, executives, or accountants to steal money from businesses. AI has made these attacks dramatically harder to detect by generating personalized emails that mirror real writing styles and existing business relationships. Criminals are using AI to create highly convincing business email scams that can drain company accounts. Who is Danny/Shutterstock The FBI reported more than $20 billion in internet...

Fed Independence Is Sacred... Or So We've Been Told Authored by Richard Roberts via RealClearMarkets.com, For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days. The narrative rested on two prongs. First, an FOMC browbeaten by relentless public attacks, threats of removal, and a Justice Department criminal probe into Chair Jerome Powell. The pressure, many argued, had grown so intense that Fed decisions would no longer be trusted to reflect economics rather than politics. Second, a new chair expected to arrive in May...

Korea "Black Monday": Kospi Halted For 20 Minutes After Crashing Almost 10% After the close on Friday, we said that on Monday, Korean stocks would be a "bundle of joy"... Korea on Monday will be a bundle of joy — zerohedge (@zerohedge) June 5, 2026 ... are having a very bad day.  The sudden plunge triggered a circuit breaker, halting trading for 20 minutes.  The Korea Exchange held an emergency meeting Monday to assess rising volatility and discuss measures to ensure stable market operations. Concerns over overheating in the AI rally combined with uncertainty in the macro...