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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Finance

FEMA-Workers-Need-Homeland-Security-OK-to-Stay

FEMA Workers Need Homeland Security OK to Stay

3 min read

**Excerpt:** The Trump Administration’s recent policy change requiring Homeland Security Secretary Kristi Noem to approve all renewals and extensions of FEMA’s term positions has sparked widespread concern about the agency’s ability to respond effectively to disasters. This move, part of President Trump’s broader effort to reduce the federal workforce, could significantly impact FEMA’s reliance on temporary and on-call staff, who are critical to disaster response efforts. Critics warn that the policy could lead to staffing shortages, delays in aid, and even loss of life, particularly as climate change intensifies the frequency and severity of natural disasters. While the administration frames the change as a step toward efficiency, the debate underscores the delicate balance between political priorities and public safety in an era of increasing climate-related crises.  Read more

Market Turmoil: Stocks Plunge Amid Recession Fears

2 min read

Major US market indices fell significantly, with the S&P 500 reaching a six-month low. This slump coincides with growing concerns about a probable US economic recession. President Donald Trump addressed these developments, warning the public not to place too much emphasis on stock market volatility. The S&P 500 plummeted by around 2.7%, its largest weekly...  Read more

Insurers Clamor for Securitized Debt as Annuity Sales Surge

3 min read

The insurance industry's shift toward securitized debt, driven by soaring annuity demand, underscores its focus on long-term financial security. Investments in asset-backed securities and CLOs enable insurers to meet retirees' needs for stable, predictable income, blending financial innovation with a commitment to ensuring peace of mind during retirement.  Read more

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