fed reserves

Fed Records Show Dozens of Cybersecurity Breaches

By Jason Lange and Dustin Volz WASHINGTON, June 1 – The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as “espionage,” according to Fed records. The central bank’s staff suspected hackers or spies in many of the incidents, the records show. The Fed’s computer systems

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Time for Calm and Hard Data

BY NourEldeen Al Hammoury Global equity, commodity and foreign exchange, markets have experienced exceptional volatility since the beginning of 2016, driven by two main factors: concerns over growth in China and the drop in oil prices. Both factors have led to uncertainty and very nervous trading, which has wiped billions of dollars from the main markets.

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