Monthly Archives: July 2022

Thousands of Twitter accounts put up for sale on the dark web

Account details of more than five million Twitter users are being sold on the dark web forums for $30,000. The threat actor, going by the astonishingly creative alias “devil” is selling data on 5.4 million users, apparently obtained by exploiting a vulnerability discovered in January 2022.  Twitter has apparently patched the hole, and even compensated…

Intel Arc GPUs get a badly needed gaming boost with a simple driver fix

A single line of code – that’s all it took for a massive increase in ray tracing performance on Intel’s Arc Alchemist GPUs, thanks to Intel graphics driver engineer Lionel Landwerlin. With Intel’s new graphics cards floundering somewhat with performance woes and driver teething issues, it’s a welcome sight. Landwerlin describes the change as “like…

Today’s mortgage and refinance rates: July 25, 2022 | Rates steady but remain elevated

Mortgage rates have experienced some mild ups and downs over the past few days, but overall have held relatively steady. But rates are still dramatically higher than they were at this point last year, when the average 30-year fixed mortgage rate was at 2.78%. Now that rate are over two percentage points higher, many hopeful…

US futures rise and the dollar steadies as investors brace for the Fed’s upcoming meeting and Big Tech earnings

Investors are expecting a 75-basis point hike by the Fed on Wednesday. (Photo by Michael M. Santiago/Getty Images) US futures gained strength Monday ahead of a busy week comprising the Fed meeting and earnings.  The market largely expects a 75-basis point rate hike, but fears of recession are growing. Meanwhile, oil prices extended last week’s…

Larry Summers says a US recession is very likely, as the market braces for weak Q2 growth figures

Former US Treasury Secretary has long warned about high inflation and slowing growth. JIM WATSON/Getty Images Former Treasury Secretary Larry Summers has said there’s a “very high likelihood” of a US recession. His comments to CNN came ahead of the release of second-quarter US growth figures and a key Fed decision. He said Sunday the…

Russia is trying to convince African nations that food shortages caused by the invasion of Ukraine are not its fault

A man in a military uniform in a burning wheat field as Russian troops shell fields to prevent local farmers from harvesting grain crop in the Polohy district of Ukraine’s Zaporizhzhia region on July 17, 2022. Dmytro Smolyenko/ Ukrinform/Future Publishing via Getty Images Russia’s invasion of Ukraine has reduced the global food supply, with NGOs…

Tory infighting continues as MP Angela Richardson ‘mutes’ minister Nadine Dorries over Rishi Sunak Twitter attack

Rishi Sunak and Liz Truss at the ITV Leadership Debate on July 17, 2022. Jonathan Hordle /ITV via Getty Images The Tory leadership contest is becoming increasingly fractious, with an MP “muting” a minister. Nadine Dorries attacked Rishi Sunak, who hopes to succeed Boris Johnson, over expensive clothes.  Angela Richardson, a Sunak supporter, slapped down…

Cruise passenger embarrassed over wearing sweatpants for 15-day ‘trip of a lifetime’ after Air Canada failed to deliver her delayed baggage, report says

Air Canada operates 55% of all flights from Toronto Pearson International Airport, according to FlightAware. NurPhoto / Contributor / Getty A passenger was embarrassed after she was left with sweatpants during a 15-day cruise, per the WSJ. Rosmarie Buxbaum traveled on an Air Canada flight and then boarded a cruise ship. Her baggage was left…