Monthly Archives: October 2022

Blizzard says “mass DDoS” attack stopped users from playing Overwatch 2

Overwatch 2, the recently-launched highly-anticipated sequel to Blizzard’s team shooter game, started its journey with – a major distributed denial of service (DDoS) attack.  According to multiple media reports, many Overwatch 2 players wanting to give it a shot were met with a message saying “Game server connection failed…retrying”. While it was first thought the…

Today’s mortgage and refinance rates: October 5, 2022 | Rates calm as housing market continues to slow

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates were elevated at the start of this week, but they’ve…

Russian diplomats warn of a direct clash with the West over the US’s latest weapons for Ukraine

Russia Ambassador to the US Anatoly Antonov. Justin Sullivan/Getty Images Biden announced Tuesday that the US will deliver to Ukraine a $625 million military aid package. Two Russian diplomats said the package risks a direct clash between Russia and the West. Russia’s ambassador to the US said it was “an immediate threat to the strategic interest of…

There’s renewed hope in the possibility that global central banks are nearing the end of their rate hike cycle. Here’s how that’s driving markets.

Happy Wednesday, readers. It is Wednesday, isn’t it? With so many U-turns and row backs this week already, I wouldn’t be surprised if the days also changed direction. What’s more, after recent routs, it may be a surprise to see two straight days of hefty gains for US stocks, but that’s what’s happened so far…

Most CEOs are already preparing for a recession, with plans including laying off staff and cutting spending on environmental issues, a major survey shows

Nathan Stirk/Getty Images 91% of CEOs of large US companies said there’d be in a recession within the next year. Only a third said it would be mild and short, and most expect it to affect their company’s growth. Netflix, Microsoft, and Tesla have laid off staff. Some companies plan to pause ESG efforts. Most…