Did Russia’s biggest ISP just try and steal Apple network traffic?

Russia’s biggest internet services provider has apparently tried to re-route traffic made by Apple service users through its own servers.  Experts have claimed Rostelecom announced routes for part of Apple’s network, a practice known as Border Gateway Protocol (BGP) hijacking. The internet works in a way that the users don’t get to choose the data…

The housing market could be in a recession, even if the rest of the economy isn’t

An American neighborhood. Getty images. Rising inflation and interest rates are discouraging buyer demand.  Chris Low, the chief economist at FHN Financial, says the housing market may already be in a recession. Experts have told Insider the real estate market is bracing for a “soft landing.” The US economy on the whole may not be…

The ‘broken student loan system’ has jeopardized Black borrowers’ civil rights, Elizabeth Warren says. Here’s how Biden can prevent that.

Sen. Elizabeth Warren. Tom Williams/CQ-Roll Call, Inc via Getty Images The student-loan industry has disproportionately targeted borrowers of color. A new report, supported by Elizabeth Warren, aims to crack down on schools violating civil rights. It suggests a collaboration with Federal Student Aid and the Office of Civil Rights to monitor institutions.  The student-loan industry…

Congress will try to put an end to Nancy Pelosi’s closely watched stock trades with a trading-ban proposal in August, report says

Speaker of the House Nancy Pelosi (center) leaves her weekly news conference accompanied by staff and security. Chip Somodevilla/Getty Images Congress will introduce a proposal to ban individual stock trading among its members and their spouses, according to a report from Punchbowl News.Members of Congress, their spouses, and senior staff will be able to own…

Today’s GDP numbers don’t tell us if we’re in a recession – and we won’t know for sure until we’re already in the middle of a crisis

Pedestrians walk past a Sears store is seen on October 18, 2021 in the Flatbush neighborhood of Brooklyn borough in New York City. Spencer Platt/Getty Images The US economy shrank by 0.9% in the second quarter, following a 1.6% decline in the first quarter. Two consecutive quarters of contraction is often used as a shorthand…

El Salvador still has plans for a bitcoin bond even as the country sees a 50% loss on its crypto investment

El Salvador President Nayib Bukele. MARVIN RECINOS/AFP via Getty Images El Salvador’s finance minister said the country still plans to issue a bitcoin bond using blockchain technology, Bloomberg reported.  The nation purchased 2,381 bitcoin tokens with public funds since making the crypto legal tender last year.  In total, those investments are worth about 50% less…

US Banking Channel Forecast: How shifting consumer habits and the coronavirus pandemic are reshaping banking usage

Digital banking channels are celebrating increased momentum as a result of the pandemic.   This digital banking behavior will likely continue to evolve, spurring banks to satisfy customers’ digital demands. Do you work in the Banking industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research. The following is…

A zero-coupon bond is a discounted investment that can help you save for a specific future goal

Buying zero-coupon bonds can be a good deal for forward-thinking investors: Get a discount price now, reap the bond’s full value down the road. Compassionate Eye Foundation/Natasha Alipour Faridani/ Getty Images A zero-coupon bond doesn’t pay periodic interest, but instead sells at a deep discount, paying its full face value at maturity.Zeros-coupon bonds are ideal…