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Bloomberg
26 minutes ago
- Bloomberg
Vanguard Plans First Junk ETF as JPMorgan Heats Up Active Race
Vanguard Group is planning its debut into an increasingly competitive corner of the $11.6 trillion US exchange-traded fund arena. The Vanguard High-Yield Active ETF would trade under the ticker VGHY and invest at least 80% of its portfolio in high-yield debt, according to a Tuesday filing with the Securities and Exchange Commission. The fund's proposed fee is 0.22% — cheaper than any existing actively managed high-yield ETFs, data compiled by Bloomberg showed.
Yahoo
29 minutes ago
- Yahoo
US calls reported threats by pro-Iran hackers to release Trump-tied material a 'smear campaign'
WASHINGTON (AP) — Pro-Iran hackers have threatened to release emails supposedly stolen from people connected to President Donald Trump, according to a news report, a move that federal authorities call a 'calculated smear campaign.' The United States has warned of continued Iranian cyberattacks following American strikes on Iran's nuclear facilities and the threats those could pose to services, economic systems and companies. The Cybersecurity and Infrastructure Security Agency said late Monday that the threat to expose emails about Trump is 'nothing more than digital propaganda' meant to damage Trump and other federal officials. 'A hostile foreign adversary is threatening to illegally exploit purportedly stolen and unverified material in an effort to distract, discredit, and divide,' CISA spokeswoman Marci McCarthy wrote in a social media post, linking to a report from Reuters about the threat. 'These criminals will be found, and they will be brought to justice.' Reuters reported that it contacted the alleged hackers online. They told the news organization that it held a large cache of emails from Trump chief of staff Susie Wiles, other top advisers and porn actor Stormy Daniels, to whom a hush money payment led to Trump's criminal conviction. Federal prosecutors charged three Iranians last year on allegations of hacking into Trump's presidential campaign. Hackers also targeted the campaign of Democrats Joe Biden and Kamala Harris and unsuccessfully tried to leak material supposedly taken from Trump to Democrats and members of the media. The threat to release more hacked emails was reported the same day that CISA, the FBI and National Security Agency issued a public bulletin warning that hacking groups supportive of Tehran may attack U.S. interests despite a fragile ceasefire between Iran and Israel. The hackers, authorities warned, could seek to disrupt or disable critical infrastructure systems such as utilities, transportation and economic hubs. They also could target defense contractors or other American companies with ties to Israel, the agencies said. The bulletin outlined recommendations, including the use of regular software updates and strong password management systems to shore up digital defenses. Hackers backing Tehran have targeted U.S. banks, defense contractors and energy companies following American strikes on Iranian nuclear facilities — but so far have not caused widespread disruptions.
Yahoo
31 minutes ago
- Yahoo
‘Signs Of Broken Brains': Trump's Latest Sharpie Scrawl Has People Howling
President Donald Trump on Monday renewed his attacks on Federal Reserve Chair Jerome Powell for refusing to cut interest rates ― and he did it with one of his go-to moves: a Sharpie-scrawled message, complete with his signature across the bottom. Trump printed out a list of central bank rates from 44 nations around the world. Switzerland topped the list at 0.25%, while 10 nations, including the United States, shared the bottom spot with 4.5%. 'Should be here,' Trump wrote, with an arrow near the top of the list. He also had a personal message for the Fed chair in his trademark block letters. 'Jerome ― You are, as usual, 'too late.' You have cost the USA a fortune ― and continue to do so ― you should lower the rate ― by a lot!' Trump wrote. 'Hundreds of billions of dollars being lost! No inflation!' White House press secretary Karoline Leavitt showed off the note during a Monday briefing. In a Truth Social post with an image of the note, Trump added that Powell and the rest of the board 'should be ashamed of themselves' and called for a 1% interest rate. Trump has threatened to fire Powell, which is not a power the president has. He is also reportedly considering naming Powell's replacement this summer, nearly a year ahead of time, effectively creating a 'shadow chair.' But the president's critics couldn't get over the Sharpie-scrawled note: Ex-GOP Strategist Warns How A Lara Trump Run Could Backfire Badly On Republicans Peter Doocy Asks Karoline Leavitt If Trump Will Try To Deport Zohran Mamdani Wall Street Journal Warns Trump May Have Just Sabotaged His Own Presidency
