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Attackers continue to target US power grid

Attackers continue to target US power grid

At WIRED have written extensively about the threat cyberattacks pose to power grids around the world. But lately, the most significant attacks on electrical systems have demonstrated that hacking is hardly necessary when physical destruction and sabotage are an option: just as the Russian invasion force in Ukraine systematically destroyed electrical infrastructure To cause widespread …

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Stocks mixed as China Covid-19 subsides

Stocks continue to fall after market sell-off

The Dow Jones Industrial Average fell on Wednesday as major stock indexes threatened to fall again after back-to-back selloffs in stock markets on Monday and Tuesday. Shares of Apple and Tesla traded sharply lower after the market opened. X Sports + Outdoors Academy (ASO), MongoDB (MDB), discount retailer Ollie’s Market Electrical outlets (OLLI), Thor Industries …

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Container shipping rates continue to fall, no sign of market bottom yet

Container shipping rates continue to fall, no sign of market bottom yet

So much for the theory that container lines are a nefarious cartel capable of controlling freight prices – spot rates continue to fall more than a year after peaking. “This cliff from which rates have fallen shows that there is more competition in the market than many people feared,” Patrik Berglund, CEO of rate-tracking firm …

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Home prices are expected to continue to rise next year: Here's where

Home prices are expected to continue to rise next year: Here’s where

Americans looking to buy a home next year can expect less competition, more home choices and the highest average mortgage rates in nearly two decades. Here’s what they can’t expect: a general drop in prices that would relieve buyers of overpriced homes. That’s the main takeaway from Realtor.com’s 2023 real estate forecast released Wednesday. The …

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Rent and house prices continue to fall nationwide.  Will the SLO County market follow?

Rent and house prices continue to fall nationwide. Will the SLO County market follow?

A 2022 filled with house price increases across California finally began to cool off as the seasons turned to fall, and October was no exception. Skyrocketing home and rent prices continued their slow decline in October across California, according to reports from the California Association of Realtors (CAR) and Rent.com. As housing affordability begins to …

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S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023

S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023

Recessions in Europe and North Americaunresolved conflicts and energy security issues will pose a lingering economic and geopolitical risk next year NEW YORK, November 22, 2022 /PRNewswire/ — The COVID-19 pandemic and the Russia–Ukraine war has profoundly reshaped global structures and relationships in 2022, and will continue to generate additional uncertainty in the year ahead, …

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