krisanapong detraphiphat | Moment | Getty ImagesInvestors are at a heightened risk of cryptocurrency scams tied to fake relationships established over social media, dating apps and networking sites, federal officials warn.Such frauds occur when scammers use dating apps, social media platforms, professional networking sites or encrypted messaging apps to pose...
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Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton, U.S., October 7, 2024. Octavio Jones | ReutersHurricane Milton's once-in-a-century potential could cause damage of more than $50 billion, with the potential to leave behind devastation approaching $175 billion or more...
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying the U.S. tech giant should directly compensate people who fall victim to scams via its social media platforms.A day after Meta announced...
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Rose Layden | Getty ImagesSeptember's outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open...
Burberry’s FTSE relegation confirms a long fall from grace for the luxury fashion icon
LONDON, UNITED KINGDOM - 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesLONDON โ British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 stock market index on Wednesday, as...