Investing-And-Transactions

Equifax needs a plan to stop investor exodus

Shares of credit reporting agency Equifax have fallen more than 35% since the company announced a massive cyber-security breach that likely impacted all U.S. adults, however the lack of transparency in the wake of the incident has done little to increase consumer or investor confidence in the company.

Cash demand doubled for Fed in hurricane-hit Florida

U.S. lenders in the path of Hurricane Irma scrambled to acquire twice as much cash as usual last week, a surge that left two Federal Reserve branches in Florida working around the clock to meet the demand before floods and power outages struck.