6 July, 2015 by The TZ Newswire Staff Comments Off on Are You Ready For The e-PATRIOT Act?
Are You Ready For The e-PATRIOT Act?
Submitted by Mark Nestmann via nestmann.com,
Earlier this month, news emerged that the US government had suffered its worst cyberattack ever.
On June 4, the Office of Personnel Management (OPM) revealed that hackers had penetrated its networks, possibly for many months. The data thieves stole personal information of up to 18 million current and former federal government applicants and employees.
6 July, 2015 by The TZ Newswire Staff Comments Off on Chinese Stocks Open Down Hard, "VIX" Hits Record High, "Nasdaq" Down 40% From Highs
Chinese Stocks Open Down Hard, "VIX" Hits Record High, "Nasdaq" Down 40% From Highs
Despite all the hopes and prayers of illiterate farmers everywhere, Chinese stocks refuse to hold a bid and down 3-4% at the open amid suspension of around 160 individual securities. In the pre-open to open, Shanghai Composite is down 3.2%, Shenzhen is off 3.5%, and China’s Nasdaq – ChiNext is down 3.8%. This leaves ChiNext down over 40% from its highs as the cost of insuring downside in Chinese stocks explodes to record highs. As China goes through the 1929 playbook to save its ‘market’, it appears “momentum” has shifted.
6 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hacking Team, the surveillance tech firm, gets hacked
The Wall Street Journal: Hacking Team, the surveillance tech firm, gets hacked
A company that sells software allowing governments to hack into computers has itself been hacked, and files posted late Sunday indicate it sold surveillance technology to dozens of countries, including Sudan, Egypt, Russia and the U.S.
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6 July, 2015 by The TZ Newswire Staff Comments Off on Samsung Q2 profit misses views on smartphone weakness
Samsung Q2 profit misses views on smartphone weakness
Samsung posted second-quarter profits that missed analysts’ estimates as shortages of new smartphone models made it harder to lure customers back from rivals.
6 July, 2015 by The TZ Newswire Staff Comments Off on Cramer: Worst mistake you can make in a selloff
Cramer: Worst mistake you can make in a selloff
Jim Cramer guides investors on why selloffs occur and why sometimes they just don’t make sense. Avoid this common mistake!
6 July, 2015 by The TZ Newswire Staff Comments Off on Can China Keep Miami’s Condo Bubble From Bursting?
Can China Keep Miami’s Condo Bubble From Bursting?
After Xi Jinping’s anti-corruption campaign emptied the VIP baccarat tables in Macau causing gaming revenue to plunge 40% month after painful month, China’s stock market miracle might well have functioned as a convenient outlet for the gambling propensities of the country’s ultra rich.
That all came to a rather unceremonious end three weeks ago when the unwind of as much as CNY1 trillion in backdoor margin lending triggered a terrifying 30% collapse in Chinese equities.
6 July, 2015 by The TZ Newswire Staff Comments Off on The Margin: Close of Chicago and New York pits ends colorful era in trading
The Margin: Close of Chicago and New York pits ends colorful era in trading
See video report documenting Monday’s final chapter in the 167-year-old open-outcry tradition in the world of commodities futures.
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