credit

Amazon Bans Sale of FlipperZero Gadget After Triggering New TikTok Prank Trend: Learn How It Can Switch Off Phones, TVs, Hack Game Machines, and Clone Credit Cards

Amazon has put a stop to the ‘FlipperZero’, a digital frequency hacking tool that has created a trend on TikTok. This neutralization was caused by the tool’s capacity to swipe credit card information, leading to a violation of the retailer’s policy. The specific hacking abilities of the ‘FlipperZero’ go beyond simple pranks frequently seen on …

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The Hottest Wall Street Trade Revealed by Bank of America: What’s Trending Now?

The upcoming CPI data is predicted to keep the Federal Reserve from making any interest rate hikes. If everything goes according to expectations, bond yields will continue to decrease, fueling the end-of-year equity rally theory. Bank of America’s latest forecast suggests that most investors anticipate the 2024 investment playbook to revolve around a Federal Reserve …

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Wall Street’s top bear predicts a ‘massive crash’ as markets face historic credit bubble

Spencer Platt/Getty Images According to Mark Spitznagel, financial markets are on the brink of a “huge crash.” The bearish hedge fund manager has expressed concern over the US being in the biggest credit bubble in history. He warned that bursting the bubble could have catastrophic consequences. One of Wall Street’s most pessimistic hedge fund managers …

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GM prepares for financial impact of UAW strike, secures $6B credit line

General Motors secures a $6 billion credit line to prepare for ongoing United Auto Workers strike costs, according to a filing with the Securities and Exchange Commission (SEC). As per the SEC document filed early Wednesday, the Detroit-based Chevy-maker’s revolving credit line will mature on October 1, 2024. A General Motors spokesperson informed The Post …

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Data Breach in Genesis, FTX, and BlockFi Bankruptcy Cases: Claimant Information Compromised

In a cyberattack incident, the claims agent responsible for bankruptcy cases involving Genesis Global Holdco, FTX, and BlockFi, revealed that it had fallen victim to a data breach. As a result, the personal data of hundreds of claimants may have been compromised. Kroll, a business-services company, reported that hackers conducted a SIM-swapping attack on T-Mobile …

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Biden’s Economic Record: Voters Recognize the Deceptive Claims

President Joe Biden is making it abundantly clear that he intends to seek reelection based on his economic achievements. However, in order to do so, he will likely resort to deceit and hope that voters turn a blind eye to their own financial struggles. If he were to be truthful, he would undoubtedly suffer a …

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Federal Funds Rate Indicates Troubling Times Ahead

Troubling developments are unfolding in the credit markets, signaling potential economic distress. The federal funds rate, hovering above 5%, echoes levels last seen in 2007 before the economy plunged into a major recession and financial crisis. Cracks within the markets are becoming audible, with commercial property loan delinquencies reaching five-year highs. A distressing number of …

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