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Wall Street Economists Adjust Core PCE Forecasts Following CPI Data
Heart Disease, a Historic Strength for Big Pharma, Becomes a Weakness
ECB President Christine Lagarde to Address Political Gathering in France
Iraqi Speaker Advocates for State-Controlled Arms to Avoid Regional Conflicts
Drones Target Military Airbase and Chemical Plants in Russia
Iran's President Asserts Stance Against U.S. Pressure Amid Calls for Dialogue from India
Inflation Complicates Trump’s Midterms Pitch to Voters
How to Lure the Spendy and the Thrifty? Bring On the ‘Barbell.’
Want to Entice New Residents? Offer Cash, for a Start.
BRICS 2026: Narendra Modi Arrives At Bharat Mandapam
Under patronage of Prime Minister, Doha to host 6th World Conference on International Arbitration in November
BRICS agrees on joint declaration before New Delhi summit, sources say
How Europeans save — and why it matters for the economy
Wall Street Cheers Clarity on Fed Outlook—Even if It Means Higher Rates
Inflation Comes In Hot
BRICS Nations Aim to Enhance Cross-Border Payment Networks
Lagarde enters French election debate as ECB exit speculation grows
Robert Friedland on the World’s Monumental Shortage of Copper
The Tooth Fairy Approves a 17% Raise
India’s SEBI Seeks Major Changes to Unpopular Auction System
LIV Golf’s bleak future shifts to the courtroom
Japanese Automakers to Revise Factory Schedules to Address Labor Shortages
Iran Declines U.S. Talks Without Preconditions
South Korea Requests U.S. Handover of Wartime Command Authority Without Conditions
Bank of Japan Reports Record Drop in Government Bond Holdings
Xi Jinping Arrives For BRICS Summit
Ford to recall about 223,500 U.S. vehicles over fuel tank issues
Meloni sees Italy 2026 growth at 1%, matching euro zone
Latin American Countries Strengthen Cooperation in Drug Trafficking Fight with U.S.
Egypt Condemns Any Attack on Saudi Arabia as Violation of International Law
Over 60% of New Dentists Join Hong Kong Health Department Due to Mandatory Internships
India Regulator Proposes Changes to Closing Auction After Swings
Xi Takes Center Stage at Modi’s BRICS Summit as Iran War Deepens
Saudi shuts oil pipeline after ‘Iraq-launched attacks’
Houthis seize Red Sea coast as Saudi pipeline shutdown deepens oil risks
Munich Emerges as Key R&D Hub for Chinese Automakers in Europe
Xi Jinping's India Visit Highlights China's Economic and Diplomatic Agenda
QNB: Emerging markets face both promise and disruption from artificial intelligence
UK Parliament Rejects Assisted Dying Legislation
Singapore and China Dominate Global Education Rankings Amid Decline in OECD Student Scores
Far-Right Win Puts Germany’s Economic Renewal on Shakier Ground
European Investment in Latin American Stocks Reaches 15-Year Peak
Burnham faces UK economic test as budget day approaches
Chinese Cryptocurrency Investor Sells £190 Million Mansion in London
Ground Beef Prices Reach Record High in August 2026
Thames Water Faces £2 Billion Bill Due to Financing Expenses and Advisers' Fees
High Oil Prices May Lead to Increased Interest Rates by European Central Bank
Sweden's Election Race Becomes More Competitive Ahead of Vote
Italy’s Fragmented Politics Pose Risk to Rating, Fitch Warns
Chinese AI Firms Avoid Meetings with US Delegation Over Sanctions Concerns
Global funds retreat from Indian stocks as some cut exposure to zero - Bloomberg
Lagarde Joins France Election Debate at Normandy Rally, Feeding ECB Exit Talk
Data Centers May Soon Enter Catastrophe Bond Market
Major Security Operation in Ireland for Trump Visit
Saudi-led Strikes in Yemen Result in 82 Casualties Since September 3
Canada Gains Approval for Beef Imports from the Dominican Republic
Saudi Arabia shuts key oil pipeline after Houthi’s drone attack - Reuters
Banco Master Case Files Approved for Release in Brazil
U.S. Legislator Proposes Reevaluation of North Korea Travel Ban
Survey Reveals Over 30% of Unmarried Japanese Do Not Desire Children
Cocaine Worth €500,000 Seized at Dublin Airport
Why I, a non-billionaire, am not leaving the UK
Windshield megadeal could fix Europe’s broken IPO window
Nick Train’s trust offers buyback in bid to boost weak share price
S&P Report Highlights Saudi Arabia's Resilience Amid Middle East Conflicts
UBS sees Chinese carmakers reach 37% globally by 2030
India Wants to Buy Fewer Chinese Imports, but Keeps Needing More
US Tax Brackets to Increase by 3.2% in 2027
Riyadh Asserts Right to Protect National Security
Hackers Take $320 Million From Liquid Network Blockchain
Hackers siphoned away $320 million from the Liquid Network blockchain, the latest in a string of high-profile cryptocurrency thefts.
In a post on social platform X Sunday (Sept. 6), the company said a group of “purported white-hat hackers” were behind the incidents. This is a reference to hackers who breach systems to highlight security flaws, although often with the owner’s consent. In some cases, these hackers ask for a fee to return the funds they move.
“Liquid wallets will be impacted, and we’re sorry for any inconvenience,” the Liquid Network said in the post, adding it has paused new transactions. “Federation members are actively working on resolving this so we can restore normal network activity.”
The hacker is communicating with network maintainers through Bitcoin transactions, saying the money will be returned after the vulnerability is repaired, CoinDesk reported Monday (Sept. 7).
“Please fix the bug first,” one message said, per the report. “The chain is under risk at latest commit right now. Make sure every node is patched. Then we will transfer the money back safely after confirming the fix.”
The hack is part of a series of incidents highlighting cybersecurity issues within the digital asset space, the report said. Last week, a hacker stole $6 million from the crypto lending platform Tectonic. In August, attackers exploited a flaw affecting older versions of firmware used by Coldcard, a Bitcoin hardware wallet made by Coinkite. Losses in that case have been estimated at between $115 million and $130 million.
“While these events may understandably shake consumer confidence, they highlight where critical infrastructure safeguards need to be strengthened, and why comprehensive security across the full stack is essential for operators,” said Ziqing Ang, head of policy in Asia-Pacific at TRM Labs, according to a Sunday Bloomberg report on the Liquid Network incident.
Meanwhile, a Financial Crimes Enforcement Network (FinCEN) analysis on suspected digital asset investment scams released last week demonstrated how banks may have an underused advantage in combatting authorized payment scams. They can potentially see a victim funding the fraud before they can show the ultimate payment is fraudulent.
“A retirement account is liquidated. Savings begin disappearing,” PYMNTS reported Friday (Sept. 4). “A home equity line is opened. Personal loans are requested. Money moves between previously quiet accounts. Then comes the wire to a crypto exchange or unfamiliar beneficiary. Viewed individually, each transaction can look legitimate because the customer authorized it. Viewed as a sequence, the customer can look like they are liquidating their financial life to fund a scam.”
Source: PYMNTS.com