Nation’s largest public pension fund plagued by secrecy and underperformance, probe finds

An independent investigation into the nation’s largest public pension, the California Public Employees’ Retirement System, concluded that its 2.4 million members are imperiled by secrecy, chronic underperformance, understated investment costs and conflicts of interest. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The report was commissioned last year…

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What you might have missed in Nvidia’s earnings

Nvidia’s earnings on Wednesday capped off another big earnings season for the tech sector. The chip giant reported another blockbuster quarter, with revenue surging 85% to $82 billion. It also unveiled an $80 billion share buyback program and raised its dividend.  Investors, as is becoming customary immediately after Nvidia’s booming earnings, weren’t impressed, with shares…

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Walmart, Home Depot, Target apply

President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up…

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Tiktok Safety For Children: Ofcom, the UK’s communications and online-safety regulator, has warned kids using these popular social media platforms

Social media platforms are still failing to properly protect children online, according to Ofcom, the UK’s communications and online-safety regulator, which says the biggest danger now lies within the platforms’ own design systems, especially recommendation feeds that continue pushing content toward young users. In a new warning and supporting research published by the regulator, Ofcom…

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