Pettis on Debt, Malinvestments, Hidden Losses, and China’s GDP
See the original post: Pettis on Debt, Malinvestments, Hidden Losses, and China’s GDP
Hard hitting global and local news
See the original post: Pettis on Debt, Malinvestments, Hidden Losses, and China’s GDP
The Washington Post has details in Target says 40 million credit, debit cards may have been compromised Company officials offered few details on the intrusion, which reportedly began the day before Thanksgiving and lasted until Sunday this week. Security experts said that the kind of information stolen – including names, card numbers, expiration dates and three-digit security codes – could allow criminals to make fraudulent purchases almost anywhere in the world. The breach highlighted vulnerabilities in the massive, interconnected shopping systems used for billions of dollars of retail transactions every day.
USA Today reports Average 30-year mortgage rate moves up to 4.47% Mortgage buyer Freddie Mac said Thursday the rate on the 30-year loan increased to 4.47% from 4.42% last week. The average on the 15-year fixed loan rose to 3.51% from 3.43%. A government report issued Wednesday showed that U.S.