Hackers can now bring cargo ships and planes to a grinding halt

Container cargo ships sit off shore from the Long Beach / Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build. … Read more

Buy these stocks with strong balance sheets, cash flow

It’s a tough year to be invested in stocks, with the stock market experiencing a seemingly never-ending cycle of gyrations. Major US indexes fell last week, with the Dow Jones Industrial Average ending the week at 29,888.78 – just a day after it dipped below the key 30,000 level for the first time since January … Read more

Stock futures inch higher after Fed raises rates by most since 1994

US stock index futures were modestly higher during overnight trading on Wednesday after the Federal Reserve implemented the largest interest rate hike since 1994. Futures contracts tied to the Dow Jones Industrial Average added 0.22%. S&P 500 futures were up 0.23%, while Nasdaq 100 futures advanced 0.29%. The major averages ended Wednesday’s session higher, with … Read more

Global markets are tanking ahead of a huge week for central banks

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, June 1, 2022. Brendan McDermid | Reuters LONDON – Global stock markets are falling sharply after May’s US inflation print reignited fears that central banks will be forced into aggressive monetary policy tightening. Friday’s highly-anticipated consumer price index … Read more

Chinese defense minister on US-China tensions, Taiwan

An F-16V jet fighter taxis on the runway in January for an emergency takeoff as part of a Taiwanese military drill in Chiayi, Taiwan, as China increased overflights by PLA fighter jets over the self-governed island in 2022. Nurphoto | Nurphoto | Getty Images SINGAPORE – China’s defense minister accused the US of “smearing” Beijing … Read more

US SEC chief Gary Gensler unveils plan to overhaul Wall Street stock trading

US Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters The top US securities regulator on Wednesday proposed rule changes to transform how Wall Street handles retail … Read more