Monthly Archives: October 2022

Multicloud security issues are plaguing businesses everywhere

Multi-cloud setups have become pivotal in organizations of all shapes and sizes, but many are finding that they’re difficult to secure properly, leaving them exposed to breaches that leak large amounts of sensitive data to malicious third parties.  That’s according to “Application Security in a Multi-Cloud World”.  the latest report from cybersecurity experts Radware,  …

Blackstone is betting big on lending out money in the private markets, and the PE giant has $182 billion to do it

TGIF! Dan DeFrancesco reporting for duty from NYC. If you’ve had a long week at work, just take solace in the fact that you, unlike British Prime Minister Liz Truss, were able to outlast a head of lettuce. Today we’ve got former Goldman Sachs’ partners teaming up on new endeavors, leaked org charts, and a star…

Today’s mortgage and refinance rates: October 21, 2022 | 30-year fixed rates steady, 5/1 ARMs drop

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. The average 30-year fixed mortgage rate increased just 0.02 points this week,…

A 20% crash in the housing market is possible as mortgage rates continue to surge higher

Good morning, readers. I’m senior reporter Matt Fox. Phil Rosen will be back next week. There’s a flashing red warning sign hitting one of the biggest segments of the US economy: the housing market. Existing home sales fell for the eighth straight month in September. That’s the longest slump since 2007, just months before the…

Parler accidentally sent Ivanka Trump’s private email to hundreds of users by forgetting to use bcc, reports say

Ivanka Trump. Chip Somodevilla/Getty Images Parler sent an email to over 200 of its verified users to announce Kanye West’s acquisition deal. The email cc’d the addressees of its verified users, revealing them as a result, per reports. Among the verified users were Ivanka Trump and conservative commentator Candace Owens.  Rght-wing social media platform Parler…

Hedge fund star David Einhorn expects stocks to tumble – and warns unchecked inflation risks a market meltdown

David Einhorn. REUTERS/Brendan McDermid David Einhorn rang the alarm on stocks, inflation, and the Fed’s interest-rate hikes.  The Greenlight Capital boss said government largesse is undermining the Fed’s inflation fight. Einhorn warned stubborn inflation could spark a currency or sovereign-bond crisis. David Einhorn expects stocks to fall further, fears the Federal Reserve’s interest-rate hikes will…

American Airlines is ditching first class on all flights because customers simply ‘aren’t buying it’

American Airlines will refit 20 Boeing 777-300s by late 2024. Nik Oiko/SOPA Images/LightRocket via Getty Images American Airlines is ditching first class because customers aren’t booking seats. The airline is instead focusing on its new business class offering, known as Flagship Suites. AA said it plans to increase the number of premium seats on its…

How to watch the AMD RDNA 3 livestream event

AMD has announced that it’s hosting a livestream event called “together we advance_gaming” to reveal its next-gen AMD Radeon graphics hardware.  The company has said that it will be showcasing the “new high-performance, energy-efficient AMD RDNA 3 architecture” and showing how that new technology will deliver new levels of performance for gamers and content creators. …