Microsoft Hack Hits A whole bunch of Companies, Businesses as Injury Spreads

[ad_1] (Bloomberg) — The variety of firms and organizations compromised by a safety vulnerability in Microsoft Corp.’s SharePoint servers is rising quickly, with the tally of victims hovering greater than six-fold in just a few days, in response to one analysis agency. Hackers have breached about 400 authorities companies, firms and different teams, in response … Read more

Average 401(k) savings rate hits a record high. See if you’re on track

Seksan Mongkhonkhamsao | Moment | Getty Images The average 401(k) plan savings rate recently notched a record high — and the percentage is nearing a widely used rule of thumb. During the first quarter of 2025, the 401(k) savings rate, including employee and company contributions, jumped to 14.3%, according to Fidelity’s quarterly analysis of 25,300 … Read more

Market’s fear gauge hits levels that have marked past short-term bottoms

Short-term tradable bottom? The CBOE Volatility Index has spiked to 29, but more importantly, the VIX curve (the prices of near-term VIX options) is now in backwardation : that is, the prices of near-term contracts (cash and the March options contract) are now higher than options contracts further out (April, May, June). This is unusual and indicates … Read more

Viceroy’s many hits, few misses

[ad_1] Mumbai/Bengaluru: Thirty months after the shock Hindenburg report on Adani Group, New York-based short-seller Viceroy Research took aim at billionaire Anil Agarwal’s Vedanta Resources Plc, calling his mining and minerals conglomerate a Ponzi scheme. Founded in 2016 by British short-seller Fraser John Perring along with Gabriel Bernarde and Aiden Lau, Viceroy calls itself an … Read more