ICBC ransomware attack triggers global regulator, trader scrutiny
Regulators and traders were trying to gauge the impact of a ransomware attack on the Industrial and Commercial Bank of China.
Regulators and traders were trying to gauge the impact of a ransomware attack on the Industrial and Commercial Bank of China.
Wall Street’s main indexes inched higher on Wednesday as investors parsed earnings reports and comments from Federal Reserve officials.
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.
Oil prices plummet over 4% due to demand concerns and a strong dollar.
Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half.
Just a few weeks ago, many expected the Federal Reserve to continue raise interest rates.
The consumer price index report for February is out, showing inflation is up 6%from a year ago.
Federal Reserve Chair Jerome Powell took the hot seat in Capitol Hill after delivering the Semi-Annual Monetary Report to Congress.