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Markets are further dialing back expectations for another interest rate cut this year after the Bureau of Labor Statistics said it won’t release jobs data for October and the November report will be delayed until after the Federal Reserve’s December. Traders on the Chicago Mercantile Exchange (CME) now see just a 33% chance that the…

The North Korean state-run Lazarus Group is running a new campaign known as “Mach-O Man” that turns routine business communication into a direct path to credential theft and data loss, security experts warned Wednesday. The collective, with cumulative loot estimated at $6.7 billion since 2017, is targeting fintech, cryptocurrency and other high-value executives and firms,…

The U.S. Treasury Department said Friday that a $344 million cryptocurrency freeze is part of its latest effort to disrupt financial networks tied to Iran. Treasury Secretary Scott Bessent said in an X post that the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning multiple crypto wallets linked to Iran, resulting in the freeze…

Strategic Income Opportunities Portfolio expands its allocation to the iShares Bitcoin Trust amid rising institutional demand. Source link

Nvidia CEO Jensen Huang said the company’s next-generation Vera Rubin platform is already in “full production,” unveiling fresh details at the CES tech event in Las Vegas about hardware that he says can deliver five times the artificial-intelligence computing of Nvidia’s previous systems. Rubin is expected to arrive later this year and is aimed squarely…