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    <description>Corporate activity with sector consequences: mergers, plant openings and closures, capital spending commitments, restructurings and management changes.</description>
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      <title>Berkshire&apos;s Cash Pile Passed $340 Billion — What the Filing Says</title>
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      <description><![CDATA[Berkshire Hathaway's cash reserve hit a record in the second quarter of 2025, mostly in Treasury bills; the filing explains composition and limits of the signal.]]></description>
      <pubDate>Mon, 24 Aug 2026 08:55:40 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
      <category>Finance News</category>
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      <title>What Actually Stops Companies From Overstating Adjusted Earnings?</title>
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      <description><![CDATA[The SEC does not ban non-GAAP earnings. Its guidance, last revised in December 2022, narrows how far the adjustments can go and how they must be shown next to the GAAP number.]]></description>
      <pubDate>Wed, 12 Aug 2026 08:46:24 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>How Does Deposit Insurance Work, and Where Are Its Limits?</title>
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      <description><![CDATA[The $250,000 guarantee, the fund behind it, and the 2023 rescue of uninsured depositors that blurred the boundary — what depositors should actually know.]]></description>
      <pubDate>Mon, 10 Aug 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>Where Does the Digital Dollar Actually Stand in 2026?</title>
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      <description><![CDATA[Research without a product: America's CBDC debate went from executive order to prohibition while stablecoins took the function — what's next.]]></description>
      <pubDate>Sat, 01 Aug 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>All 32 Banks Pass the Fed&apos;s 2026 Stress Test on $708 Billion of Losses</title>
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      <description><![CDATA[All 32 banks passed the Fed's June 2026 stress test, absorbing ~$708B in hypothetical losses. What changed in the framework and what it frees for payouts.]]></description>
      <pubDate>Tue, 30 Jun 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>How Do the Fed&apos;s Annual Bank Stress Tests Actually Work?</title>
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      <description><![CDATA[Scenarios in February, models in April, results in June, buffers by October: the anatomy of the Fed's DFAST — what it measures, achieves, and misses.]]></description>
      <pubDate>Fri, 29 May 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>What Is the Fed&apos;s Discount Window, and Why Do Banks Avoid It?</title>
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      <description><![CDATA[The Fed's oldest tool: emergency lending against collateral, avoided for fear of the label — mechanics, 2023's record usage, and the anti-stigma campaign.]]></description>
      <pubDate>Wed, 06 May 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>What Do Bank Capital Requirements Like CET1 Actually Protect Against?</title>
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      <description><![CDATA[CET1, stress buffers, and the Basel endgame: how bank capital absorbs losses before depositors do — and what the 2023 failures exposed anyway.]]></description>
      <pubDate>Tue, 14 Apr 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>How Do Money Market Funds Work, and Why Do They Suddenly Grow?</title>
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      <description><![CDATA[Six trillion dollars at a fixed one-dollar price: how money-market funds work, why they ballooned at five percent rates, and the runs history patched away.]]></description>
      <pubDate>Sun, 22 Mar 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>Why Credit Spreads Are Among the Best Recession Signals We Have</title>
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      <description><![CDATA[The yield gap that prices default fear in real time: what credit spreads measure, why they lead downturns, their false alarms, and how to read the dial.]]></description>
      <pubDate>Fri, 27 Feb 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>What Quantitative Easing and Tightening Actually Do to the Economy</title>
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      <description><![CDATA[From $900 billion to $9 trillion and slowly back: how QE and QT work, what transmits to the economy, and where the evidence honestly disagrees.]]></description>
      <pubDate>Wed, 04 Feb 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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      <title>How Does the Federal Reserve Actually Set Interest Rates?</title>
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      <description><![CDATA[A target range, two administered rates, and a desk that runs every night: how the Fed actually controls the federal funds rate — machinery, not decree.]]></description>
      <pubDate>Tue, 13 Jan 2026 12:00:00 GMT</pubDate>
      <dc:creator>Jay Douglas</dc:creator>
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