Monthly Archives: October 2022

Stress is driving cybersecurity experts away from the industry

Nearly half (42%) of cybersecurity decision-makers are considering leaving their role within the next two years due to stress or burnout, new research has found. According to findings from Mimecast, stress may already be having a tangible impact on some IT teams; one-third of the teams looked at experienced an increased number of absences due to…

China’s richest people lost about $13 billion in just one day due to a market sell-off after President Xi Jinping secured a third term

Tencent’s Pony Ma (left) and Alibaba’s Jack Ma (right) lost $3.7 billion collectively, on Monday. Wang Zhao/AFP/Getty Images The 13 richest people in China lost $12.7 billion on Monday alone, per Bloomberg. Their losses were due to a massive market sell-off over President Xi Jinping’s third term in office. Investors fear the economic fallout from…

JPMorgan’s Jamie Dimon says Russia’s war on Ukraine and other geopolitics are more concerning than a recession

JPMorgan CEO Jamie Dimon. REUTERS/ Larry Downing JPMorgan CEO Jamie Dimon warned that geopolitical matters are more concerning than a recession right now.  Regarding a recession, Dimon said “we’ll manage right through that.” He made comments at Saudi Arabia’s Future Investment Initiative conference on Tuesday.  While a recession looms, JPMorgan CEO Jamie Dimon warned that…

The Fed took the punch bowl away when the party was already ‘pissed drunk’ and now a US recession is a sure thing, says top economist David Rosenberg

Federal Reserve Board Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., July 27, 2022. Elizabeth Frantz/Reuters The Federal Reserve acted too late to start battling inflation by raising rates, David Rosenberg said. It removed the punch bowl when everyone was already…

A lost decade in the stock market is likely as long as oil prices continue to trend higher, Stifel says

A trader works during the Fed rate announcement on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. Reuters/Brendan McDermid Investors should be prepared for a lost decade of returns in the stock market, according to Stifel.The outlook hinges on commodity prices continuing to move higher throughout the…

US stocks trade mixed as investors sift through more earnings and await results from mega-cap tech firms

Traders work the floor of the New York Stock Exchange during morning trading on May 05, 2022 in New York City. Stocks opened lower this morning after closing high on Wednesday after the Federal Reserve announced an interest-rate hike by half a percentage point in an effort to further lower inflation. Michael M. Santiago/Getty US…

How anti-abortion crisis pregnancy centers target women looking for abortions

There are more than three crisis pregnancy centers for every abortion clinic in the US.  CPCs don’t offer abortions, but many show up in searches related to abortion services.   Doctors say these centers cause confusion and elevate people’s mistrust of the medical system.  Crisis pregnancy centers, or CPCs, are religious organizations that don’t provide abortions,…

Biden knows there are limits on American power, but they’re nowhere to be found in his first major security strategy

President Joe Biden at a Lockheed Martin facility that makes weapons such as Javelin anti-tank missiles, in Alabama on May 3. Peter Zay/Anadolu Agency via Getty Images This month, the Biden administration released its long-delayed National Security Strategy. Biden has shown he’s aware of the limits of American power, but that awareness is absent from…