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Illinois and Cook County officials have spent more than $250 million after hiring a Texas company to overhaul outdated, error-ridden computer systems. The three projects are taking years and are mired in accusations of incompetence.
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News and Media
Despite mixed market conditions, Indias financial sector remained resilient in Q4 FY25, with 11.1% YoY credit growth and stable asset quality. Gold loans and vehicle financiers led the performance, while microfinance showed improving collections. With RBI rate cuts likely, FY26 is expected to see 12% credit growth. Shriram Finance and HDFC Bank emerge as top picks for investors.
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As global markets reel from President Trump's historic tariff hikes, wiping out $8 trillion in value, Warren Buffett stands out by adding $12.7 billion to his fortune in 2025. While billionaires like Musk, Bezos, and Gates see steep losses, Buffetts pivot to Japanese trading houses lifts Berkshire Hathaway past $1.14 trillion in market cap, defying recession fears.
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News and Media
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