Someone Made a Fake Equifax Site. Then Equifax Linked to It. – New York Times

It would be just as easy for phishers to create their own versions of the Equifax page, and that would be bad news for anyone entering the information required to enroll in identity theft protection: their surname and the last six digits of their Social Security number. (In Mr. Sweeting’s version, the form was disabled […]

Confident Fed Sets Stage for December Rate Increase – New York Times

The Fed, which stopped its buying spree in 2014, is now preparing to pare back its holdings by about $10 billion per month initially. That is likely to raise borrowing costs for consumers and businesses, but only very slowly. Indeed, since the Fed ended its bond-buying, countervailing factors have actually reduced some borrowing costs, like […]

Toys ‘R’ Us Plans Bankruptcy Filing as Soon as Today – Bloomberg

Toys “R” Us Inc., which has struggled to lift its fortunes since a buyout loaded the retailer with debt more than a decade ago, is preparing a bankruptcy filing as soon as today, according to people familiar with the situation. The Chapter 11 reorganization of America’s largest toy chain would deal another blow to a […]

Northrop Grumman to buy missile maker Orbital for $7.8 billion – Reuters

(Reuters) – U.S. defense contractor Northrop Grumman Corp (NOC.N) said on Monday it would buy Orbital ATK Inc (OA.N) for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems and space rockets. The all-cash transaction is the biggest in the defense […]

Key Equifax executives departing after huge data breach – Washington Post

NEW YORK — Equifax announced late Friday that its chief information officer and chief security officer would leave the company immediately, following the enormous breach of 143 million Americans’ personal information. The credit data company — under intense pressure since it disclosed last week that hackers accessed the Social Security numbers, birthdates and other information […]

The learned helplessness of Equifax – TechCrunch

Is there a formal name for the fallacy of assuming that the status quo is sane? Such a name would become more useful with each passing year. There are a shocking number of examples, but I give you, as a perfect, vivid, front-of-mind example, the credit rating system of the United States of America, as […]

Facebook handed Russia-linked ads over to Mueller under search warrant – AppsforPCdaily

16 September, 2017 After revealing that fake Russian accounts bought almost $100,000 of political ads during the 2016 U.S. presidential election campaign on its platform, Facebook has handed over more details to American Special Counsel Robert Mueller. The information, including copies of ads and details about accounts that bought them, was shared with special counsel […]

Trump Declines to Release List of His Visitors at Mar-a-Lago – New York Times

Federal law exempts the White House from the Freedom of Information Act, or FOIA, which requires public disclosure of government documents. But CREW and its partners argued that because the presidential visitor records are typically maintained by the Secret Service — which is part of the Department of Homeland Security — they should not be […]

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