A computer with a “system hacked” alert due to a cyber attack on a computer network. Teera Konakan | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are under increasing attack from cybercriminals, and many don’t have the staff or technology to prepare, according to a new survey. More than three quarters, 79%, of North American family offices say the likelihood of a cyberattack “has increased dramatically in…
Author: insighter
Financial technology company Cardless is pairing with Avianca Airlines, one of the largest airlines in Latin America, to create two new credit cards for U.S. consumers: The Avianca lifemiles American Express Card. The Avianca lifemiles American Express Elite Card. Prior to the cards’ launch, you could join a waitlist to be among the first to apply. If you did so, you could be eligible for a bonus of up to 10,000 LifeMiles, the currency of Avianca’s loyalty program, if your application for the card is approved within four weeks of the launch. Terms apply. Avianca is part of the Star…
My top 10 things to watch Tuesday, May 21 Wall Street is set for a muted open Tuesday after the Nasdaq closed at a record to kick off the week. The S & P 500 also touched a record during the session before closing flat. My trusted momentum indicator, the S & P 500 Short Range Oscillator , remains overbought but far below the extreme levels we saw last week. Palo Alto Networks is better than it looks. Billings is not the correct metric, and the sellers of the cybersecurity Club stock on a modest quarter are missing the big…
Employees want healthier work environments, specifically those that prioritize their mental health. Nearly all workers polled in the American Psychological Association’s 2023 Work in America Survey (92%) said it’s very or somewhat important to them to work for an organization that values their emotional and psychological well-being. Yet 77% reported having experienced work-related stress in the last month, and 43% worried that telling their employer about a mental health condition would have a negative impact on them in the workplace. When employees suffer, so too does business. Untreated depression, for example, has cost the U.S. economy more than $51 billion…
Omar Marques | Lightrocket | Getty Images Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission’s decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 9% to $3,680.98, according to Coin Metrics. On Monday, it rocketed 20%. Meanwhile, bitcoin added 2% and was trading at about $71,350, extending an 8% gain from the previous day, when it reclaimed the $70,000 level. Crypto-related equities rode the wave. Coinbase and Microstrategy each gained about 2% in extended trading, and Robinhood added 3%. Several bitcoin…
Here’s our picks for the best websites and blogs for college students. College is a crazy time. It’s the intersection of life, money, education, career, and more. It’s a time to learn, to figure out yourself, to be on your own, and to start to understand life. With that in mind, it’s essential to connect with like-minded people (even if only across the internet). That’s why I wanted to put together a list of the best blogs for college students. I wanted to share the best. Those blogs that are covering things that actually will make a difference if you’re…
Across the globe, male sperm count is on the decline—a decades-long drop that has been alternately blamed on pesticides, heavy metals, obesity, and potentially microplastics. More worrying, the decline seems to be speeding up—by the calculations of one male fertility founder, sperm counts have fallen by 50% to 60% over the last four decades. “’Spermpocalypse’ is one way of putting it, ‘spermageddon’ is another—‘sperm count zero’ is my preferred term choice,” Khaled Kteily, CEO of male fertility startup Legacy, said at Fortune’s Brainstorm Health conference in Dana Point, Calif., on Monday. Call it what you want—it’s concerning. “If you follow…
A real estate construction site in Wanxiang City, Huai ‘an City, East China’s Jiangsu province, May 17, 2024. Future Publishing | Future Publishing | Getty Images BEIJING — China’s sweeping moves on Friday to increase support for real estate will take time to show results, analysts said. Despite the news, S&P is still sticking to its base case from earlier in the month that China’s property market is likely still “searching for a bottom,” Edward Chan, director, corporate ratings, said during the firm’s webinar on Monday. “The significance of the policy rollout last Friday was that the government is rolling…
Allpoint is one of several major automated teller machine (ATM) networks that operate throughout the U.S. Banks might choose to work with ATM networks such as Allpoint that have a pre-existing infrastructure that helps customers withdraw cash and doesn’t require banks to set up their own networks. What is an Allpoint ATM? An Allpoint ATM belongs to the Allpoint ATM network of more than 55,000 machines located throughout the U.S. Banks that don’t have their own ATM networks often use the Allpoint network to give their customers the ability to withdraw cash without paying a fee. Allpoint now has Allpoint+…
Samsung is the world’s biggest maker of memory chips. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics named a new head for its semiconductor business on Tuesday, as the firm strives to lead the AI chip race. Young Hyun Jun will replace Kyehyun Kyung, who will now head the future business division, which focuses on discovering new growth opportunities, as well as Samsung Advanced Institute of Technology. The firm aims “to strengthen its competitiveness amid an uncertain global business environment,” Samsung Electronics said, adding that Jun has extensive experience leading the company’s memory and battery manufacturing divisions. Samsung is…
Traditional medical practices are getting a lift from newcomers seeking to fill gaps in what health industry executives described Monday as a lagging health care system. That includes Hims & Hers, a direct-to-consumer health company that on Monday announced it would release a compounded version of weight-loss drugs Wegovy and Ozempic that starts at $199 per month, 85% less than the name-brand versions produced by Novo Nordisk. The two are among a group of so-called GLP-1 drugs that have been approved to treat diabetes but have become tremendously popular for weight loss. The move comes as the company focuses on…
Pride month is approaching in the U.S., typically celebrated in June. But Pride events aren’t confined to a single 30-day period. Because these events are often tied to a region’s history of LGBTQ+ equal rights movements, they happen at different times in locations around the globe.If you want to branch out from attending Pride locally (or celebrate beyond June), consider booking a trip to visit one of these six LGBTQ+ events around the world.1. MemDay Weekend Women’s Festival in Provincetown, Massachusetts (May 23-27)Commercial Street is Provincetown’s main drag, dotted with shops, bars and performance venues. (Photo courtesy of Getty Images)A…