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The Morning Risk Report
The CFTC names its first chief artificial intelligence officer. Dropbox discloses a cyberattack. Plus, a survey finds that most companies lack the technology needed to meet future sustainability requirements.The Wall Street Journal - World -
We risk a lost decade for the world’s poor
The elimination of extreme poverty is slipping from our graspFinancial Times - Business -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
From Risk to Resilience: Managing Data Security in AI-Driven Enterprises
Strategies to fortify defenses and prioritize data security in the age of artificial intelligence.Inc. - Business -
6 risks to consider before tapping into your home's equity
Borrowing from your home equity can be a smart option to consider, but there are some risks to be aware of, too.CBS News - Top stories -
Vaping tied to increased lead, uranium exposure risk: Research
Vaping by young people led to increased risk of lead and uranium exposure, according to a new study. The study, published Monday in the journal Tobacco Control, found that both people aged 13 to 17 who used e-cigarettes in timespans lasting six ...The Hill - Politics -
Biden administration plans to reclassify marijuana as lower-risk drug
Drug Enforcement Administration seeking to downgrade cannabis from top category to Schedule III, but still short of legalization. The US Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated ...The Guardian - World - Joe Biden -
Greece boosts special firefighting units to cope with its growing heat risk
Under pressure to cope with the impact of rising temperatures, Greece's emergency response planners are shifting tactics this summerABC News - World -
New research shows how a surge of anger could raise heart attack risk
Is anger linked to heart attacks? New research finds that a bout of anger impairs blood vessel function which can raise the risk of atherosclerosis, which in turn raises heart disease risk.NBC News - Top stories -
Private Equity and Traditional Insurers Spar Over Risk Rules
Over the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid securities has become ‘a proxy for private equity’s entrance into the sector,’ says one observer.The Wall Street Journal - World -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - Business - European Union -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - World - European Union -
Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings
Ajit Jain, 72, leads the insurance arm that underpins the conglomerate but presents his own succession challengeFinancial Times - Business -
Banks face new risks as US tightens sanctions on Russia
Ukraine conflict shows no sign of abating — and financial institutions are being expected to implement the responseFinancial Times - World - Russia -
Lenders flying blind on private equity risk, Bank of England warns
Regulator says sector needs a consolidated view to avoid a repeat of Archegos fiascoFinancial Times - Business -
FCA boss ‘not convinced’ private equity poses systemic risk
Nikhil Rathi warns against ‘overkill regulatory mode’ as Bank of England warns of bubbleFinancial Times - Business -
SocGen trader fired for ‘unauthorised’ bets blames ‘risk team and bosses’
Kavish Kataria complains of losing his bonuses and claims his options trades made moneyFinancial Times - Business -
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.The New York Times - Business -
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.The New York Times - Top stories -
‘We need to take risks’: Chanel gets gritty with Marseille show
Luxury brand continues its strategy of engaging with diversity and real life – but the prices are less inclusive. Grey hoodies layered under the pastel tweed suits, a catwalk on top of an apartment building with concrete benches instead of gilt ...The Guardian - World -
My wife and I are 78. This is how we manage investment risk without panicking.
Many retirees take the wrong level of risk because they don’t understand it or they don’t want to think about itMarketWatch - Business -
We know there are many benefits to writing by hand – in a digital world we risk losing them | Nova Weetman
Handwriting makes us better writers, free of the suggestions of spelling and grammar apps, and it represents something of our personalities. Recently, I found a letter my mum had written me years ago when she was on holidays in Vietnam. The paper ...The Guardian - World -
Nearly 8 tons of beef sold at Walmart recalled due to E. coli risk
The recalled beef came from Cargill Meat Solutions in the form of burger patties and ground chuck.CBS News - Top stories -
34 GOP senators call potential Biden plan for Palestinian refugees national security risk
More than two dozen Republican senators are calling a potential proposal by President Biden to accept Palestinian refugees from Gaza a national security risk, following the administration's acknowledgment that discussions are underway to help ...The Hill - Politics - Joe Biden