Monthly Archives: October 2022

Cisco AnyConnect urges admins to update now to avoid security threats

Cisco is urging customers of its AnyConnect service to apply a fix for a several years-old vulnerabilities after it spotted them being abused in the wild.  The two vulnerabilities in question are tracked as CVE-2020-3433 and CVE-2020-3153. They are found in the Cisco AnyConnect Secure Mobility Client for Windows and allow local threat actors to…

Merrill Lynch’s support staff is fed up. Here’s why client associates at the massive wealth manager are heading for the door.

Happy hump day! Dan DeFrancesco checking in here. We’ve actually got an IPO today! (Remember what those were?) Mobileye, an automated-driving company that is a spinoff of Intel, is set to hit the public markets today at $21 a share — a dollar above the top of its targeted range — with Goldman Sachs and Morgan…

Today’s mortgage and refinance rates: October 26, 2022 | Rates remain elevated but could fall next year

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. Average 30-year fixed mortgage rates are holding steady above 7%. Rates have…

Housing is on the verge of a correction and Americans are feeling less and less upbeat about the economy

Happy hump day, readers. I’m Phil Rosen, writing to you from Manhattan. I haven’t seen any lions or tigers this week, but there’s no shortage of bears.  And no wonder — the economy is giving Americans less and less reason for optimism.  Let’s take it step-by-step.  Inflation’s out of hand, so the Fed’s been forced…

Don’t count on stocks having bottomed out yet – they could fall another 25% if further Fed tightening fuels a severe downturn, Goldman Sachs warns

Goldman Sachs strategists laid out a scenario where the S&P 500 plummets by another 25% next year. Spencer Platt/Getty Images Stocks have failed to price in the worst-case economic downturn next year, Goldman Sachs said. Aggressive Federal Reserve tightening in 2023 would make a recession more likely, according to the bank. The S&P 500 could…