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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US Inflation Analysis: February 2025 Shows Slowing Price Growth
In February 2025, the Consumer Price Index (CPI) data showed that inflation in the United States is slowing down. According to the report from the Bureau of Labor Statistics, the overall price level increased by 0.2% compared to the previous month, marking a significant reduction compared to earlier observations.
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Increase in Tax Refunds in the USA: How Will It Affect the Economy?
According to the latest data provided by the Internal Revenue Service (IRS), Americans are currently receiving tax refunds that are larger than last year. So far, the number of refunds has increased by 4.7% compared to the same period last year, which is linked to the improving financial situation of many citizens and the opportunity to take advantage of several tax benefits, such as an increased standard deduction and more generous tax credits for families with children.
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Aston Martin Soars to New Financial Low with Record Losses
In recent months, Aston Martin has been facing growing financial difficulties, and current data shows that the company has incurred more significant losses than expected. For the six-month period ending June 30, the luxury car manufacturer reported substantial losses of £208 million, which is a 14% increase compared to the same period last year. These figures clearly illustrate that the company continues to accumulate its debts despite attempts at restructuring.
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The Rich and Their Spending: Wealthy Households Driving Consumer Expenses
According to a recent study by Moody's, the wealthiest households in the United States continue to be the primary drivers of consumer spending, accounting for nearly half of total consumer expenditures. This finding emphasizes the growing income inequality in a country where affluent households earning over $250,000 per year significantly influence the economic landscape.
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Banks Transporting Gold from London to New York: Reasons and Consequences
In recent months, a noticeable increase in gold shipments from London to New York has been observed, driven by both economic and geopolitical factors. Banks and investment companies have started using commercial flights for transporting gold, which has drawn particular interest among financial markets and observers.
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Mortgage Rates Update: Overview for February 20, 2025
As of February 20, 2025, mortgage interest rates continue to significantly impact the real estate market. Recent data shows that rates are reaching record highs, forcing potential buyers and homeowners to rethink their financial strategies. Many experts indicate that the current market conditions are more than just fluctuations, representing a second wave of upcoming changes following the recent rate hikes by the Federal Reserve.
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Volkswagen Cuts Costs to Enhance Competitiveness
Automaker Volkswagen has announced a significant reduction in costs within its organizational structure, aimed at enhancing its competitiveness in the market. This decision comes in response to the challenges the company faces amid a volatile economy and increasing competition from other car manufacturers, particularly in the electric vehicle segment.
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Mortgage Market Developments: Rising Rates in January 2025
According to the latest data published on January 16, 2025, mortgage rates continue to rise, creating challenges for potential homebuyers and renters. The real estate market remains tense, prompting real estate agencies and economists to reassess their forecasts for the upcoming months. Rates for 30-year fixed-rate mortgages have reached their highest levels in several years, which may lead to a decrease in demand for residential properties.
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Inflation in December 2024: Predictions and Real Data
In December 2024, the Consumer Price Index (CPI) shows a continuation of its dynamics, defining the state of the economy and the standard of living of the population. According to the latest data published by the Bureau of Labor Statistics, inflation for the year stood at 3.7%. This figure is a result of various factors affecting the prices of essential goods and services, including food, housing, and transportation.
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