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Posts published in “Finance”

Google Sent More Than 50,000 Warnings to Users Targeted by Government-Backed Hackers This Year

Photo: Kenzo Tribouillard / AFP (Getty Images)If the internet is a digital Wild West, it’s time to lock your doors and close your windows. While the amount of cyber attackers and activity alone is alarming, in this episode, the featured villain is a hacker group backed by the Iranian government. In a blog post published…

Iraq claims capture of IS financial chief in operation abroad

Image source, Iraq Security Media CellImage caption, The US had offered a $5m reward for information leading to Sami Jasim al-Jaburi's captureIraq says it has captured the jihadist group Islamic State's financial chief in an operation outside its borders.Sami Jasim al-Jaburi was arrested in a "complex external operation" by the Iraqi National Intelligence Service, Prime…

Dow Jones Futures Fall As Stock Market Sell-Off Worsens; These 5 Tech Giants Tumble

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Stock market news live updates: Stock futures hold onto gains after Fed decision

Stock futures opened slightly higher Wednesday evening as investors mulled the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.Contracts on the S&P 500 gained. Earlier, the blue-chip index rose for the first time in five sessions and shook off…

Asia-Pacific stocks slip; investors watch mainland China markets for reaction to Evergrande crisis

SINGAPORE — Markets in mainland China fell more than 1% on Wednesday's open before bouncing back slightly amid the ongoing Evergrande crisis, as markets reopened for trade after a two-day holiday.With global markets selling off earlier this week, investors kept a close watch on the China markets for any fallout surrounding the embattled developer.Both the…

FDA-approved Covid vaccine for kids ages 5 to 11 ‘very feasible’ by Halloween, says former FDA commissioner

Former Food and Drug Administration Commissioner Dr. Mark McClellan told CNBC that it seems realistic that younger kids will be getting vaccinated for Covid-19 based on the new data released by Pfizer on Monday."Those findings are very promising, especially around the ability of a very small dose, leading to a very strong immune reaction," said…

Hong Kong Stocks Sink as Property Fear Spreads Beyond Evergrande

(Bloomberg) -- Growing investor angst about China’s real estate crackdown rippled through markets on Monday, adding pressure on Xi Jinping’s government to prevent financial contagion from destabilizing the world’s second-largest economy.Hong Kong real estate giants including Henderson Land Development Co. suffered the biggest selloff in more than a year as traders speculated China will extend…

Gas price rise: Government considering loans for energy firms

By Simon JackBusiness editorimage source, Getty ImagesThe government is considering offering emergency state-backed loans to energy companies as firms battle to stay afloat amid surging gas prices.Business Secretary Kwasi Kwarteng will hold crisis talks with industry bosses including Centrica and E.On on Monday.Smaller suppliers face ruin as price hikes have made their price promises to…

Here’s how Social Security’s looming shortfall could affect your retirement plans

A new report from the Social Security Administration showing benefits could be reduced sooner than anticipated could set off alarm bells — especially among those planning to retire within the next decade.Social Security's surplus reserves are expected to run out in 2033, one year earlier than previously estimated, according to the Trustees of the Social…

Covid-19 and Vaccine News: Live Updates

Students arrive for the first day of the school year at Mott Hall Bridges Academy in Brooklyn on Monday.Credit...Chang W. Lee/The New York TimesNew York City’s classrooms reopened on Monday to roughly a million children, most of whom were returning for the first time since the United States’ largest school system closed in March 2020.While…