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Thursday, August 9, 2012

FBI Issues Latest Internet Scam Alerts

The Federal Bureau of Investigation's Internet Crime Complaint Center has identified three recent internet scams circulating around the web.

The Federal Bureau of Investigation's (FBI) Internet Crime Complaint Center (IC3) has issued a report based on information from law enforcement and complaints submitted to the IC3. The following information details recent cyber crime trends and new twists to previously-existing cyber scams. The IC3 has been notified of a scam involving telephone calls conducting a multiple-choice "political survey." Following the survey, the recipients are told they have won a free cruise to the Bahamas. After providing a website address for legitimacy, the caller requests the "winner's" email address for notification purposes and credit card information to cover port fees. The website has very limited information, but does contain a few photos, …

Monday, August 8, 2011

Local Experts Weigh in on Stock Market Drop

What happened today, why, and what to expect next? Some level-headed experts offer an analysis.

It's all over the news. It's the big headline. The Dow Jones Industrial Average fell 643 points, or 5.55%, on Monday, following Standard & Poor's downgrade of its U.S. credit rating from "AAA" to "AA+." The NASDAQ and S&P 500 indexes? No better, at -6.9% and -6.66%, respectively. However, in a system as complex and unpredictable as the stock market and global economy, a lot of answers can get lost in the fray. Was today as bad as it could have been or did we luck out? What happens next – should an investor sell or buy? And for those unfamiliar with the stock market – just what the heck is a credit rating downgrade anyway? To get the answer to these questions, we talked to a number of finance and accounting professionals, who have more to …

James Myers

9:51 pm on Monday, August 8, 2011

Update: CNBC is reporting that Asian markets were down within minutes of opening tonight. Hong Kong's Hang Seng index is down over 6% already.   more ›

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