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Attackers continue to target US power grid

Attackers continue to target US power grid

At WIRED have written extensively about the threat cyberattacks pose to power grids around the world. But lately, the most significant attacks on electrical systems have demonstrated that hacking is hardly necessary when physical destruction and sabotage are an option: just as the Russian invasion force in Ukraine systematically destroyed electrical infrastructure To cause widespread …

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Container shipping rates continue to fall, no sign of market bottom yet

Container shipping rates continue to fall, no sign of market bottom yet

So much for the theory that container lines are a nefarious cartel capable of controlling freight prices – spot rates continue to fall more than a year after peaking. “This cliff from which rates have fallen shows that there is more competition in the market than many people feared,” Patrik Berglund, CEO of rate-tracking firm …

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Home prices are expected to continue to rise next year: Here's where

Home prices are expected to continue to rise next year: Here’s where

Americans looking to buy a home next year can expect less competition, more home choices and the highest average mortgage rates in nearly two decades. Here’s what they can’t expect: a general drop in prices that would relieve buyers of overpriced homes. That’s the main takeaway from Realtor.com’s 2023 real estate forecast released Wednesday. The …

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Has the market bottom been reached?  5 reasons why US stocks could continue to suffer as we approach next year.

Has the market bottom been reached? 5 reasons why US stocks could continue to suffer as we approach next year.

With the S&P 500 holding above 4,000 and the CBOE volatility gauge, known as Wall Street’s “Vix” or “fear gauge,” VIX, +0.84% having fallen to one of its lowest levels of the year, many Wall Street investors are starting to wonder if the lows are finally being reached for stocks – especially now that the …

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New FTX Developments Continue to Shake Crypto Markets

New FTX Developments Continue to Shake Crypto Markets

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here! (Kitco News) – Even as markets struggle to cope with FTX’s bankruptcy and its contagion, new developments surrounding the exchange and its affiliates continue to …

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S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023

S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023

Recessions in Europe and North Americaunresolved conflicts and energy security issues will pose a lingering economic and geopolitical risk next year NEW YORK, November 22, 2022 /PRNewswire/ — The COVID-19 pandemic and the Russia–Ukraine war has profoundly reshaped global structures and relationships in 2022, and will continue to generate additional uncertainty in the year ahead, …

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