CEO Bank of America Brian Moynihan Predicts No Interest Rate Cuts in 2023
Bank of America CEO Brian Moynihan expressed confidence that there will be no cuts in interest rates in the current year of 2023. During a recent interview, he noted that the economic environment in the country remains challenging, and it is expected that the Central Bank will continue to adhere to a tight monetary policy. According to him, rising inflation and complicated supply chains leave little basis for lowering rates in the near future.
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Protecting Your Genetic Data After 23andMe Bankruptcy
Recently, it was announced that 23andMe, a well-known provider of DNA analysis services, has declared bankruptcy. This event raises serious concerns among users who have already undergone testing and entrusted their genetic data to the company. With the potential for leaks and unauthorized use of personal information, experts are urging all clients to take urgent steps to protect their genetic information.
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23andMe Files for Bankruptcy: What Customers Need to Know
23andMe, the company known for its DNA testing and genetic analysis services, has filed for bankruptcy, raising significant concerns among its customers. This news comes as California Attorney General Rob Bonta warned users about the importance of handling their personal data carefully before any potential changes in the company's structure.
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Massive Cyber Attack: Malware Steals Bank Data and Passwords from Millions of Users
A recent cybersecurity investigation has revealed a shocking number of devices susceptible to a malware attack aimed at stealing bank card data and passwords. Experts discovered that millions of devices around the world have been infected, putting users' personal financial information at risk.
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Beware: Bank Transfer Alerts Might Be Scams
Recently, individuals have started receiving text messages about bank transfers that may be scams. Security experts are warning that such messages could be used by criminals to steal personal information and funds. Responding to these messages should be done with caution.
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Popular Tex-Mex Restaurant Chain Files for Bankruptcy
A well-known Tex-Mex restaurant chain, highly favored among Mexican food enthusiasts, has filed for bankruptcy in the judicial system. This news comes as a shocking blow to the establishment's fans and the market at large, given that the restaurant had a strong presence and enjoyed great popularity.
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Simplifying VPN Use Without Disrupting Your Banking Apps
With the rising popularity of virtual private networks (VPNs), users are encountering an issue where their banking apps do not function properly when the VPN is turned on. This is crucial as banks implement various security measures to protect client data and prevent fraud. In a recent study, experts shared several tips on how to use a VPN without negatively impacting banking app functionality.
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Trump and SoftBank CEO Announce $100 Billion Investment in Critical Infrastructure and AI
At a recent meeting held in New York, former U.S. President Donald Trump and SoftBank CEO Masayoshi Son announced a grand plan to invest $100 billion in critical infrastructure and artificial intelligence (AI) technologies. This collaboration aims to support and enhance the technological foundation of the United States while stimulating economic growth through innovations.
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Wall Street Bonuses Expected to Rise for the First Time Since 2021
According to recent reports, bonuses for workers in the financial sector on Wall Street are expected to rise this year for the first time since 2021. This is attributed to a favorable economic environment and an increase in company profits. Estimates suggest that the average bonus size may increase by 5% this year, marking a significant improvement compared to previous years. In particular, the stock market and investments in risky assets have contributed to this growth, while the profitability of financial institutions has also shown positive changes.
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New Android Malware Can Hijack Your Calls, Including Bank Transactions
Recent research has revealed a new Android malware known as "RATDISP" that poses a significant threat to user security. This malware is capable of hijacking phone calls, creating serious risks for financial security, as criminals can utilize it to leverage call authentication methods used by many banks and financial institutions.
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