Thursday, 16 July 2020

Daily Investor Update: Negative U.S. rate bets persist, but seen unlikely to happen

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Negative U.S. rate bets persist, but seen unlikely to happen

Negative U.S. interest rates could be the norm next year and all through to 2023 if fed funds futures are any indication. Or it could just be traders hedging their bets.

Fed's Evans signals little reason to raise rates for years

There's little reason for the Federal Reserve to raise interest rates until inflation rises above the Fed's 2% target, Chicago Federal Reserve Bank President Charles Evans said on Thursday, noting that he expects low inflation to be a problem for the next few years.

Twitter stepped up search to fill top security job ahead of hack

Twitter Inc had stepped up its search for a chief information security officer in recent weeks, two people familiar with the search told Reuters, before the breach of high-profile accounts on Wednesday raised alarms about the platform's security.

Exclusive: U.S. FBI is leading an inquiry into the Twitter hack, sources say

The U.S. Federal Bureau of Investigation is leading a federal inquiry into the Twitter hacking, two sources familiar with the situation said, after hackers seized control of accounts belonging to Joe Biden, Kim Kardashian and others in what appeared to be a bitcoin scam.

Twitter delays launch of new API software following hack

Twitter Inc said on Thursday it is delaying the launch of its new Application Programming Interface (API) following the recent hack of several high-profile accounts.

Focus falls on bitcoin trail in race to identify Twitter hackers

Hackers who targeted some of Twitter's top users to reap bitcoin worth $120,000 have likely left digital footprints that could offer clues for law enforcement agencies investigating the attack, three blockchain analysis companies told Reuters.

Senate Republican asks Twitter for urgent briefing on hacking incident

The chairman of the Senate Commerce Committee asked Twitter Inc to brief committee staff by next week on the hacking of high-profile accounts on Wednesday.

Trump will remain on Twitter, his account secure: White House

U.S. President Donald Trump will not stop using Twitter and his account was secure during a hack of the social media platform, a White House spokeswoman said on Thursday.

FBI says it is investigating hack of high-profile Twitter accounts

The FBI's San Francisco office said on Thursday it has launched an investigation after hackers accessed Twitter's internal systems to hijack accounts for high-profile people such as U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk and used them to solicit digital currency.

TikTok expected to operate as a U.S. company, White House adviser says

A top White House adviser said on Thursday that he expects TikTok to separate from its Chinese owner and operate as an American company amid growing U.S. concerns about the security of the data handled by the short video app.

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