Immigration a 'Helpful Lever' for US: HPS Investment's Puri
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Bloomberg
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- Bloomberg
South Africa Inflation Hits Four-Month High Before Rate Meeting
South African inflation quickened to a four-month high in June, complicating the central bank's task as it prepares to review interest rates. Consumer prices rose 3% from a year earlier, compared with 2.8% in May, Pretoria-based Statistics South Africa said on Wednesday in a statement on its website. The median estimate of 12 economists in a Bloomberg survey was 3.1%.
The Verge
an hour ago
- The Verge
US nuclear weapons agency reportedly breached in Microsoft SharePoint attacks
Hours after Microsoft revealed hacking groups affiliated with the Chinese government have been exploiting a flaw in its SharePoint software, Bloomberg News reports that the National Nuclear Security Administration has also been breached in the attacks. A single source tells Bloomberg that the department, which provides the Navy with nuclear reactors for submarines, was caught up in the zero-day vulnerability that has hit more than 50 organizations in recent days. The exploit affects on-premises versions of SharePoint, but not the SharePoint Online service that Microsoft operates as part of its Microsoft 365 cloud service. While the nuclear weapons agency has reportedly been affected by the SharePoint exploit, no sensitive or classified information has leaked according to Bloomberg. That might be because the US Department of Energy uses Microsoft 365 cloud systems for a lot of its SharePoint work. 'The department was minimally impacted due to its widespread use of the Microsoft M365 cloud and very capable cybersecurity systems,' says a Department of Energy spokesperson in a statement to Bloomberg. 'A very small number of systems were impacted. All impacted systems are being restored.' Microsoft has now patched all versions of SharePoint that are impacted by the zero-day exploit. The flaw allowed hackers to remotely access SharePoint servers and steal data, passwords, and even move across connected services. The exploit appears to have originated from a combination of two bugs that were presented at the Pwn2Own hacking contest in May. Posts from this author will be added to your daily email digest and your homepage feed. See All by Tom Warren Posts from this topic will be added to your daily email digest and your homepage feed. See All Microsoft Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Security Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech
Bloomberg
an hour ago
- Bloomberg
These Trade Deals Are Bad News for the US: 3-Minute MLIV
Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
