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Alaska Airlines Atmos Cards, Increased Bonuses Coming Soon


Increased Bonuses Coming Soon for Atmos Cards

Brian shared in our Facebook Group that Alaska Airlines will soon launch increased signup bonuses on Atmos rewards credit cards. That information was shared on March 20, saying that bonuses are coming in about two weeks.

Now there’s also another person sharing similar information on reddit, saying the bonuses are coming in a few days.

The Atmos Rewards Ascent card will have an increased offer, but likely the business card as well. So if you plan to apply, it’s worth waiting a few more days.

Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon



When Nordstrom went private last year, the move was seen by industry analysts as a way to let the founding family make the changes needed to rejuvenate its sagging department store business without being hemmed in by Wall Street’s short-term focus on profits.

Nearly a year later, co-CEOs Peter and Erik Nordstrom, great grandsons of the retailer’s founder, say they don’t miss the distraction of being a public company. Indeed they hint that Nordstrom won’t return to the stock market anytime soon—if at all.

As reported by Fortune last week, Nordstrom’s revenue rose 7% in 2025 to $15.9 billion, slipping past a high watermark from 2019 and finally recovering from the hit to sales from the COVID pandemic and turmoil in the luxury market.

How going private gave Nordstrom freedom from Wall Street

While the chaos at Saks Fifth Avenue and Neiman Marcus have given it a huge opening, Nordstrom has also helped its own cause by upgrading stores, spending a lot of money on merging databases, and expanding its inventory. All that costs money, and the shareholder focus on profits and margins would probably have hurt Nordstrom shares if it were still a public company. Wall Street generally sees department stores as a mature business, and will let such companies invest only so much to reinvent themselves.

“When you’re a public company, your scorecard is your stock price, and that has a lot to do with the results you generate,” Pete Nordstrom says. “If the investment community doesn’t think very highly of department stores, which they don’t, your multiple goes down.” As a company leader, responding to that takes time away from tending to the core business, he adds: “You end up spending a lot of time on things that aren’t exactly what your business is.”

Like other luxury retail businesses, Nordstrom hit a rough patch coming out of COVID as people stopped buying nicer clothes for in-person events and going to the office. What’s more, its Rack discount chain struggled to define its market niche, and its expansion to Canada turned into an expensive failure.

To be able to re-engineer the 125-year-old family business as they saw fit, the Nordstroms. tried in 2017 to go private but failed, before ultimately succeeding in 2025. In a $6.25 billion deal that took the company off the stock market after 54 years, the Nordstroms teamed up with Mexico’s El Puerto de Liverpool department store, an operator of multiple chains. The Nordstrom family now owns a majority 50.1% stake.

Still, being private isn’t a license to let laxness creep in. And Nordstrom faces other strictures: The company took on some debt, for example, which requires the company to hit certain milestones.

Why Nordstrom’s family owners aren’t in a rush for an IPO

“We do think being private on the edges helps us with improved focus as some noise gets removed,” says Erik. But he added: “I’ve never complained about being a public company. The main upside for us is that it was a forcing mechanism to get our story very clear.”

There are other advantages to being public: It can make attracting talent easier thanks to more easily traded shares that can be offered as a bonus. It also makes raising money easier and could be a way for the Nordstroms and their Mexican partners to cash in on the improvements the business is seeing. And indeed, if Nordstrom keeps up its strong performance, it is inevitable that investment bankers will knock on the door, telling the family and Liverpool what a bonanze the IPO could generate. So while Nordstrom is not even one year into being private, many expect this large and successful of a company to eventually go public again at some point.

Stacey Widlitz, president of consulting firm SW Retail Advisers, suggests that if the chain manages to address its problems while it has the leeway to do so, a Nordstrom IPO is a real possibility: “If they get all these things right and have the right leadership, there is no reason why in several years, we won’t see them go back to the public market.”

Pete Nordstrom feels differently. When asked if the family would take Nordstrom public again, he says flatly, “I doubt it.” Though, he quickly adds, “never say never.” The fundamental question, Pete says, is “to what end?”

“Our goal is not financial engineering,” he says. “Our goal is to serve customers well in an enduring and compelling way.”

And as he mentions more than once, there’s a responsibility to the family’s legacy. Nobody wants to be “the generation of Nordstroms that screwed it up.”

Trump Administration Abandons Plan To Eliminate CFPB After 13 Months Of Court Losses


Key Points

  • House Republicans and the Trump Administration appear to be abandoning the plan to eliminate the CFPB after 13 months of court losses.
  • Only Congress can abolish the CFPB, and no executive order or funding cut can override that. Federal courts have repeatedly blocked the Administration’s attempts to do so unilaterally.
  • Rather than continue a losing legal fight, the CFPB under Acting Director Russ Vought appears to be pivoting to writing new rules on open banking, data collection, and small-dollar lending

The Trump Administration’s effort to dismantle the Consumer Financial Protection Bureau has run into a wall it cannot seem to get around: the law.

After 13 months of court losses (PDF File), both House Republicans and the White House appear to be accepting what legal experts have said all along — only an act of Congress can actually shut down the CFPB.

Semafor and Politico reported on a meeting between House Financial Services Committee (HFSC) Republicans and CFPB Acting Director Russ Vought that centered on the agency’s future. Four lawmakers spoke to Semafor, with Rep. John Rose (R-TN) saying that the CFPB was “not likely” to “go away” in “the current environment.”

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Why Executive Action Can’t Kill The CFPB

The CFPB was created by Congress through the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (PDF File). That matters because an agency established by federal statute can only be abolished by another federal statute. That means both chambers of Congress would need to pass a bill, and the president would need to sign it.

No executive order, budget directive, or administrative reorganization can override an act of Congress.

The Trump Administration tried to get around this by effectively zeroing out the agency from within:  halting enforcement, cutting supervision, planning to eliminate 90 percent of staff, and more.

But the CFPB’s union sued and the courts intervened. That case has been blocking the shutdown attempt since early 2025.

The full D.C. Circuit Court of Appeals heard oral argument in the NTEU 335 case in late February, and a ruling is expected in summer 2026.

The central legal question is straightforward: can the executive branch unilaterally destroy a Congressionally-created agency? The Administration’s track record in this litigation suggests courts are skeptical.

The Pivot: From Shutdown To Industry-Friendly Rulemaking

With the courts blocking elimination, the Administration appears to be shifting to Plan B: using the CFPB’s authority to write rules the financial industry wants.

HFSC members told both outlets they discussed data collection, open banking, small-dollar lending, and other topics with Vought.

The financial industry wants this for multiple reasons:

  • The agency holds exclusive statutory authority over some of the most consequential regulations in financial services. 
  • No other federal agency can write the open banking rules that would let big banks charge for access to consumer data.
  • Regulation is a double-edged sword, in that some companies and industries need the bad actors dealt with as it can damage everyone’s reputation.
  • You can’t get clarity to operate if the organization overseeing your business is shuttered.

However, consumer groups are worried about what these rules could mean for consumers.

What Consumers Should Know

The net result for consumers is a CFPB that continues to exist but may not be watching out for the individual consumer as much as it used to. Enforcement actions have dropped sharply. And the rulemaking focuses that remains is pointed toward deregulation.

Lawmakers told Semafor they discussed “opportunities to rein in that agency without shuttering it, including establishing greater congressional oversight”. 

Vought is reportedly testifying before the House Budget Committee on April 15 in his capacity as OMB Director, which could give lawmakers the chance to ask about his CFPB actions. At that time we may get more insights into what the future holds.

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The post Trump Administration Abandons Plan To Eliminate CFPB After 13 Months Of Court Losses appeared first on The College Investor.

Agentic AI Could Be the Next Big Breakthrough — and This Tech Giant May Already Be Ahead


Artificial intelligence (AI) is evolving fast. But the next phase may not just be about smarter models — it could be about systems that actually take action.

This new category of software, called agentic AI, is designed to take basic instructions about a task, then complete the steps to handle that task, make decisions, and operate with minimal additional human input.

And while much of the attention in this sector is still on U.S. tech giants, China-based Alibaba Group (BABA 0.54%) is quietly building tools that fit directly into this new theme.

Image source: Getty Images.

The next phase of AI is about AI doing things

So far, most artificial intelligence systems have focused on generating outputs — text, images, or predictions. But agentic AI goes further. Instead of just answering questions, these systems can:

  • Complete multistep workflows
  • Interact with software tools and other digital agents
  • Execute tasks across systems

In simple terms, they are intended to act more like digital employees than chatbots. That shift matters since the real value of AI isn’t just what answers it can generate — it’s what it can do on our behalf.

As companies look to automate operations and reduce manual work, demand for these systems could grow quickly. To put the opportunity into perspective, according to a study by the researchers at Markets.us, the market for agentic AI, valued at just $5.2 billion in 2024, is expected to grow to $197 billion by 2034, a massive prize for companies to capture.

Alibaba Group Stock Quote

Today’s Change

(-0.54%) $-0.66

Current Price

$122.03

Alibaba is already turning this technology into real products

That’s where Alibaba stands out. While many companies are still talking about AI potential, it is already building applied, agent-driven tools.

Two examples highlight this strategy:

1. Wukong: An enterprise AI control center

Alibaba’s Wukong platform is designed to coordinate multiple AI agents within a single system for enterprises.

It can:

  • Edit documents
  • Update spreadsheets
  • Transcribe meetings
  • Conduct research

All that within one interface. Think of it as a multiagent operating system to help manage business workflows, rather than a single AI tool.

2. Accio Work: AI to run business operations

Alibaba’s newer platform, Accio Work, is another example of how agentic AI could work in real life.

The new AI tools work as a plug-and-play “task force” that can autonomously handle complex business operations, especially for small and medium-sized enterprises.

It can:

  • Manage supplier sourcing and negotiations
  • Handle sales tax and customs processes across markets
  • Automate workflows like inventory tracking and analysis

In effect, these systems function as virtual employees, helping businesses run operations with minimal manual input.

So imagine a seller running an online store on Shopify has to source products, pay bills, and run online marketing campaigns. With the help of Accio Work’s digital staff, they can now delegate most of those tasks to AI agents, freeing up employees’ time for more important stuff.

This could lead to even bigger things

Put together, these products suggest something important: Alibaba isn’t just building AI models — it’s building AI systems that can run real businesses.

That’s a very different positioning. If agentic AI becomes the next major wave, companies that deliver real-world automation tools — not just models — could have a significant advantage. Alibaba has demonstrated a glimpse of what it’s trying to achieve in the long run.

While the opportunity is huge, execution will be key

Alibaba’s positioning is promising. As the leading cloud infrastructure provider in China, it has a natural platform to deploy these tools at scale.

But there are real risks. Competition in this arena is intense, with global players like Palantir, Microsoft, and Amazon pushing aggressively into enterprise AI.

There are also company-specific challenges such as execution risk, regulatory and geopolitical risks, and weak investor sentiment toward the Chinese tech sector.

Even the broader agentic AI trend comes with concerns, particularly around security and control when AI systems execute real-world tasks.

What investors should watch

There is no question that the adoption of AI will grow. The key question is whether agentic AI will become widely adopted, and whether Alibaba can take a leading position in that space.

Here are a few points to watch in the coming quarters:

  • Are platforms like Wukong and Accio gaining real enterprise adoption?
  • Is Alibaba Cloud seeing stronger demand tied to AI workloads?
  • Can Alibaba turn these tools into scalable revenue streams?

These will determine whether Alibaba’s agentic AI strategy becomes a meaningful growth driver. If it does, Alibaba could be one of the most underappreciated AI stocks in the market today.

Fed’s Powell suggests rate hikes unlikely in the short term


“Inflation expectations do appear to be well anchored beyond the short term, but nonetheless, it’s something we will eventually maybe face the question of what to do here,” Powell said during a question‑and‑answer session with a moderator and students.

“We’re not really facing it yet, because we don’t know what the economic effects will be, but we’ll certainly be mindful of that broader context when we make that decision.”

“The tendency is to look through any kind of a supply shock,” Powell said.

“Monetary policy works with long and variable lags, famously, and so, by the time the effects of a tightening in monetary policy take effect, the oil price shock is probably long gone, and you’re weighing on the economy at a time when it’s not appropriate.”

He added that the current federal funds rate target, in a range between 3.5%–3.75%, was “a good place” for the Fed to sit as it watches how the Iran war, higher energy prices and tariffs filtered into the broader economy, rather than reacting pre‑emptively with another hike.



Australia investigates tech giants over social media ban compliance




Australia investigates tech giants over social media ban compliance

Chipotle Burrito Vault: BOGO, Double Protein Or Free Burritos For A Year


The Offer

Direct link to offer

  • Chipotle is offering ‘Burrito Vault’ where you can win: Free Burritos for a year, BOGO, free double protein. You have four guesses to get the vault combination right each hour. 

The Fine Print

  • NO PURCHASE NECESSARY.
  • Legal residents of the 50 U.S., & DC and Canada, 13 years or older.
  • Enter between approx. 9:00 a.m. ET on 3/30/26 – approx. 9:00 p.m. ET 4/1/26.

Our Verdict

If you win one BOGO or double protein you can’t win it again during the competition. /r/chipotle has threads for each hour, for example the answer for this hour is ‘Burrito, no rice, pinto beans, carnitas 2x , pico and corn, cheese, sour cream, lettuce, queso, cilantro lime’ but the prizes have already run out. 

How The World’s First Finance Bro Ruined A Nation



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How John Law’s first experiment with paper money ended up crashing the French economy with it

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Why Alts Command High Fees


Over the past three decades, fee compression has reshaped equities and fixed income, alongside the rise of transparent, low-cost mutual fund and ETF structures. Yet alternatives, even within those same vehicles, have largely resisted similar pressure. As diversification becomes harder to achieve, the value of uncorrelated returns may help explain why.

Alternatives here refer to mutual funds and ETFs pursuing strategies such as global macro, managed futures, merger arbitrage, and other long/short approaches.

The data illustrate this divergence. In 1992, the median alternative mutual fund charged 1.45% per annum as an expense ratio. By 2024, the median had risen to 1.77%. This stands in contrast to the broader trend of declining fees across most other fund categories.

Why has the fee reduction revolution that reshaped much of asset management largely bypassed alternatives? To explore this, we consider several possible explanations, including superior performance, changes in systematic risk, and increased co-movement among indices, each of which could justify higher fees.

The evidence suggests a more structural explanation: as global diversification has declined, uncorrelated returns have become harder to find, allowing alternative strategies to sustain higher fees.

Figure 1 shows median expense ratios for fixed income and large-cap equity funds, both index and active. As the data illustrate, fees have declined across these categories, while alternatives have remained elevated, reinforcing the extent to which they have resisted broader industry trends.

For example, active fixed income funds charged a median expense ratio of 1.10% in 1992. By 2024, that median had declined to 0.61%. Over the same period, alternative fund fees increased.