Hackers seize control of SEC’s X account to promote crypto

Hackers seize control of SEC’s X account to promote crypto

Comment on this storyComment Add to your saved stories Save The Securities and Exchange Commission said Tuesday an “unknown party” had hacked its official account on the social media platform X to promote bitcoin, the latest of multiple hacks used to push cryptocurrencies. The account @SECGov posted on the platform, formerly known as Twitter, that…

Watch CNBC’s full interview with Gabelli Funds’ Tony Bancroft and Crutchfield + Partners’ Dean Crutchfield

Watch CNBC’s full interview with Gabelli Funds’ Tony Bancroft and Crutchfield + Partners’ Dean Crutchfield

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dean Crutchfield, CEO of the crisis management firm Crutchfield + Partners, and Tony Bancroft, portfolio manager at Gabelli Funds, join ‘Power Lunch’ to discuss the continued market fallout for Boeing following a plane’s parts malfunction. 11:57 Wed, Jan 10 20242:27 PM EST

Retailers take $100B hit over bogus returns: ‘Sent back box of bricks instead of TV’

Retailers take $100B hit over bogus returns: ‘Sent back box of bricks instead of TV’

Retailers — already hard-hit by rampant shoplifting — are facing another threat to their bottom line from scammers who are stuffing bricks, fake receipts and counterfeit goods in return packages. The fraudsters have targeted this retail underbelly to swipe billions of dollars by gaming the returns system, especially after the holiday season, according to a…

There’s still a lot of free cash flow for Boeing, says Gabelli Funds’ Tony Bancroft

There’s still a lot of free cash flow for Boeing, says Gabelli Funds’ Tony Bancroft

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dean Crutchfield, CEO of the crisis management firm Crutchfield + Partners, and Tony Bancroft, portfolio manager at Gabelli Funds, join ‘Power Lunch’ to discuss the continued market fallout for Boeing following a plane’s parts malfunction.

Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks

Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks

The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of products. Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on…

Kawhi Leonard, Clippers agree to contract extension. ‘We knew this union was going to happen’

Kawhi Leonard, Clippers agree to contract extension. ‘We knew this union was going to happen’

Even though Kawhi Leonard had been eligible for a contract extension since July, talks between his representatives and the Clippers had not yielded a deal for months. Yet Lawrence Frank, the team’s president of basketball operations, considered a deal an inevitability — one that happened at last Wednesday, when the two-time NBA Finals most valuable…

NFL Posts Highest Ratings Since 2015 Amid Taylor Swift-Fueled Surge in Interest

NFL Posts Highest Ratings Since 2015 Amid Taylor Swift-Fueled Surge in Interest

Updated Jan. 10, 2024 2:01 pm ET The National Football League lost several of its biggest stars to injuries during the just-completed regular season, including the quarterbacks of the New York Jets, Minnesota Vikings and Cincinnati Bengals. But a new NFL star emerged: superfan Taylor Swift. Swift’s attendance at several Kansas City Chiefs games to…

Stock market doesn’t bottom until after the Fed starts cutting rates, charts show

Stock market doesn’t bottom until after the Fed starts cutting rates, charts show

As stocks try to regain their footing after a rough start to 2024, history suggests there could be further choppiness ahead. All three major averages are down to start the year. A powerful rally at the end of 2023, following a dovish pivot from the Federal Reserve, has investors worrying that stocks were overbought. So…

‘Every detail matters’: Boeing CEO admits mistake as investigators probe midair panel blowout

‘Every detail matters’: Boeing CEO admits mistake as investigators probe midair panel blowout

Boeing CEO Dave Calhoun said the company acknowledges “our mistake,” after a door plug on a 737 Max 9 blew out in the middle of an Alaska Airlines flight, creating a gaping hole in the fuselage and prompting a grounding of that aircraft type by federal regulations. The Federal Aviation Administration grounded the 737 Max…