FedEx remains at risk of laying several more earnings eggs in 2023, especially if the U.S. enters a recession, warns one Wall Street analyst. “FedEx pre-announced and lowered guidance in mid-September, with its earnings release and conference call one week later focused on cost controls amid a softer volume backdrop, particularly in its international business,” EvercoreISI Jonathan Chappell wrote in a note on Monday. “Although we expect most of these cost levers to be pulled, eventually… Source link
Read More »‘Housing market is looking increasingly vulnerable with a price correction possible’: ING
“The housing market is looking increasingly vulnerable with a price correction possible,” says one economist. ING’s chief international economist James Knightley points to the rapid rise in home prices making it more challenging for prospective buyers to save for a deposit at a time when inflation is shrinking real incomes and confidence is suffering. “On top of this, the latest housing data shows that this sector is the most vulnerable to the rising rates environment with the growing… Source link
Read More »Climate change will be worse for ‘the most vulnerable’
The world must dramatically cut greenhouse gas emissions by 2030 to avert the worst effects of climate change, according to an urgent report from the United Nations released this week. Among its recommendations, the report calls for improvements in agriculture and land use that would “help us adapt to climate change, and secure livelihoods, food and water.” The mention of water preservation acknowledges the dual threat that climate change poses for worldwide clean water access: it worsens the… Source link
Read More »Why the stock market is as vulnerable as someone after a bad breakup: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 31, 2022 Remember your first bad breakup? I bet it was painfully brutal. The weeks full of tears. The instant anger at the sight of life itself. The endless worrying if your ex was already seeing someone else. The parking outside of their house from 9 p.m. to 4 a.m. with the lights off to watch if they went anywhere (or was that… Source link
Read More »Google’s Own Android App—With 5 Billion Installs—Was Vulnerable To A Privacy Destroying Hack
Cybersecurity startup Oversecured reported vulnerabilities in the Google Android app, which could’ve … [+] allowed a hacker to steal sensitive data and snoop on users through the smartphone’s camera. (Photo by Nasir Kachroo/NurPhoto via Getty Images) NurPhoto via Getty Images Google’s Android app, with more than 5 billion downloads, has been patched after a researcher found it was vulnerable to an attack that could have allowed hackers to obtain sensitive data from users’… Source link
Read More »Square’s Cash App vulnerable to hackers, customers claim: ‘They’re completely ghosting you’
Without warning, hackers drained every dollar of cash, stock, or bitcoin out of accounts linked to Cash App, Square’s (SQ)’s popular payments platform, six of its customers told Yahoo Finance. Cash App functions as a substitute bank for many of its more than 36 million monthly users. “I had to sell my car seat that I just bought for my baby that I’m going to have in a couple of months, so that I could feed my kids, because I have no money now,” Shania Jensen, 24, a Cash App user from… Source link
Read More »Apple, Opera, and Yandex fix browser address bar spoofing bugs, but millions more still left vulnerable – TechCrunch
Year after year, phishing remains one of the most popular and effective ways for attackers to steal your passwords. As users, we’re mostly trained to spot the telltale signs of a phishing site, but most of us rely on carefully examining the web address in the browser’s address bar to make sure the site is legitimate. But even the browser’s anti-phishing features — often the last line of defense for a would-be phishing victim — aren’t perfect. Security researcher Rafay Baloch… Source link
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