ICBC, the world’s biggest bank, hit by ransomware cyberattack
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China.VCG...
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Mortgage rates plunge and demand finally inches back
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased last week to...
Massive surge in the buying of Israel Bonds from the United States
Israeli emergency workers and security cordon off the scene after a building was damaged following a rocket attack from the...
Goolsbee’s ‘golden path’ is still visible
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, during a Bloomberg Television interview at...
Gen Z, millennials have a harder time adulting than their parents
Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first...
Why the U.S. hasn’t updated coins and notes
The Federal Reserve will spend $931.4 million to print bills in 2023 — but there's a problem with U.S. cash."We...
WeWork files for bankruptcy
The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8,...
Aleph Alpha raises $500 million to build a European rival to OpenAI
GPT-4 sign on website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in...
Goldman says Israel-Hamas war could majorly impact Europe’s economy
The ongoing Israel-Hamas war could affect European economies via lower regional trade, tighter financial conditions, higher energy prices and lower...
European markets open to close: Stoxx, Fed, BOE, earnings
2 Hours AgoEurope stocks to open higher IG data shows European markets opening higher, with the FTSE 100 up 26...
