Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show

Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes released Wednesday from the session indicated. That discussion during a two-day July meeting resulted in a quarter percentage point rate hike that markets generally expect… Continue reading Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show

Rise in fraudsters spoofing the websites of leading UK banks

Despite their best efforts to get on top of the problem, some of the UK’s biggest retail banks continue to find their brands being abused and spoofed by cyber criminal fraudsters and scammers, according to data compiled by BrandShield, a supplier of brand protection technology services. BrandShield’s researchers set out to explore the breadth… Continue reading Rise in fraudsters spoofing the websites of leading UK banks

Leading Putin critic Alexei Navalny has 19 years added to his jail term

Jailed Russian opposition politician Alexei Navalny had an extra 19 years added to his jail term on Friday in a criminal case which he and his supporters said was trumped up to keep him behind bars and out of politics for even longer. Navalny, 47, President Vladimir Putin’s fiercest domestic critic, is already serving sentences… Continue reading Leading Putin critic Alexei Navalny has 19 years added to his jail term