The threat of cybercrime perpetrated against municipalities continues to mutate into more sophisticated and life-threatening schemes. “If I had to tell you what keeps me up at night, it’s not necessarily the garden variety ransomware,” said Omid Rahmani, an associate director for U.S. public finance at Fitch Ratings “It’s the advanced, nation-state, havoc-based attacks. These
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Housing is the most considerable expense for U.S. consumers — and while high rents and home prices are obstacles to saving for potential homebuyers, access to affordable credit is another significant roadblock. An estimated 50 million Americans are “credit invisible,” according to a 2022 fact sheet from the Office of the Comptroller of the Currency’s
The trial in Dominion v. Fox News, which has already resulted in bombshell revelations about the right-wing media giant and the 2020 election, is scheduled to begin Tuesday. Unless a settlement is reached, a jury will determine whether Fox is financially liable for broadcasting and promoting false claims about Dominion Voting Systems voting machines rigging
The stunning fall of the “woke” boss at CBS News last week was a “head on a stick moment” at the Tiffany Network — and was a case of a divisive executive who had long been viewed as untouchable. That’s the story I’m hearing over and over about Ingrid Ciprian-Matthews, a 30-year CBS News veteran
Pixel 9 NCC leaks — All four of Googles Pixel 9 phones get lined up and shot (by regulators) A taller Pixel Fold, a “small Pro” Pixel 9, and lots more early details. Kevin Purdy – Jul 16, 2024 9:55 pm UTC Enlarge / Now I’m going to show you a series of photos of
Billionaire Elon Musk said Tuesday he will shift the headquarters of privately held SpaceX and social media site X to Texas from California — calling Gov. Gavin Newsom’s decision to sign a new student gender identity law “the final straw.” The law, signed Monday, blocks school districts from requiring teachers to notify parents about changes
SORRY/NOT SORRY — Rite Aid says breach exposes sensitive details of 2.2 million customers Stolen data includes customer names, addresses, birth dates, and driver’s license numbers. Dan Goodin – Jul 16, 2024 10:09 pm UTC Enlarge / Rite Aid logo displayed at one of its stores.Getty Images reader comments 75 Rite Aid, the third biggest
close video JD Vance is someone you want to bet on at a debate: senator Sen. John Thune, R-S.D., says JD Vance enhances Republicans’ ability to connect with Americans; more details more from the RNC. Former President Trump's pick to serve as his running mate on the Republican ticket this year, Ohio Sen. JD Vance,
Courtney Keating | Getty Images Mortgage rates dropped to the lowest level since March last week, sparking swift demand in refinancing. Homebuyers, however, seemed unimpressed. Applications to refinance a home loan jumped 15% last week, compared with the previous week, to the highest level since August 2022, according to the Mortgage Bankers Association’s seasonally adjusted
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With San Francisco facing record high commercial vacancies, one mayoral candidate has a plan to reshape the city’s business district and surrounding areas. Democrat Mark Farrell, former interim Mayor, is proposing a 20-year vision to revitalize San Francisco’s downtown in a bid to help the city bounce back from challenges exacerbated by the pandemic. His
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold prices advanced Tuesday, on track for a record close as rising expectations of a September interest rate cut bolstered demand for bullion. Spot gold gained
U.S. states are expected to cut their budgets, marking a return to more modest levels of spending after years of stimulus-fueled growth and tax cuts. Total general-fund spending is expected to fall to $1.2 trillion in fiscal 2025, according to an analysis by the The Pew Charitable Trusts. That’s a roughly 6% decline from estimates of
Municipals were firmer in secondary trading Tuesday as the primary market picked up steam, while U.S. Treasury yields fell and equities ended up. The two-year muni-to-Treasury ratio Tuesday was at 65%, the three-year at 66%, the five-year at 68%, the 10-year at 67% and the 30-year at 84%, according to Refinitiv Municipal Market Data’s 3
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year. In its latest World Economic Outlook update, the IMF said “the momentum on global disinflation is slowing, signaling bumps along the path.” The rise in sequential inflation in
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America is embroiled in a housing crisis. The supply of homes is tight. The supply of affordable homes is even tighter, and persistently high mortgage rates make things even worse. But the extent of the problem varies from state to state. That is why companies take the local residential real estate market into account when
Five people who work at a poultry farm in northeastern Colorado have tested positive for the bird flu, the Colorado public health department reported July 14. This brings the known number of U.S. cases to nine. Use Our Content It can be republished for free. The five people were likely infected by chickens, which they
VATICAN CITY (RNS) — In September 2019, returning from a visit to Africa, Pope Francis reflected on the flight home to Rome on the tensions that were tearing at the unity of the church. “I pray that there will be no schism,” the pope told the Vatican press corps, “but I am not afraid.” Since
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