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Wall Street closes out a chilling February with another dip

NEW YORK (AP) — A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232 points, or 0.7%, while the Nasdaq composite slipped 0.1%. Both also sank over the month. After a strong start to the year bolstered by hopes that inflation was on the way down, Wall Street shifted into reverse in February. A stream of data showed inflation and the overall economy are remaining more resilient than expected. That’s forced investors to raise their forecasts for how high the ...

U.S. Marshals computer system hit by ransomware attack

WASHINGTON (AP) — In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally identifiable data about agency employees and targets of investigations, an agency spokesman said Tuesday. The hacked system was disconnected from the network shortly after the breach and stolen data were discovered Feb. 17. The Justice Department determined it was a major incident and opened an investigation as the Marshals work “swiftly and effectively,” to tamp down any risks associated with the breach, agency spokesman Drew Wade said ...

White House: No more TikTok on gov’t devices in 30 days

(AP) — The White House is giving all federal agencies 30 days to wipe TikTok off all government devices, as the Chinese-owned social media app comes under increasing scrutiny in Washington over security concerns. The Office of Management and Budget calls the guidance, issued Monday, a "critical step forward in addressing the risks presented by the app to sensitive government data." Some agencies, including the Departments of Defense, Homeland Security and State, already have restrictions in place; the guidance calls on the rest of the federal government to follow suit within 30 ...

Stocks steady themselves after Wall Street’s rout last week

NEW YORK (AP) — Stocks steadied themselves Monday following Wall Street's worst week since early December. The S&P 500 rose 12.20 points, or 0.3% to 3,982.24 for just its second gain in the last seven days. The Dow Jones Industrial Average gained 72.17, or 0.2%, to 32,889.09, while the Nasdaq composite climbed 72.04, or 0.6%, to 11,466.98. Stocks have struggled in February after a strong start to the year as reports have shown inflation and much of the overall economy are staying more resilient than expected. While the strong economic data calms fears that a recession may be ...

UK and EU leaders to meet amid hope of Brexit trade spat fix

LONDON (AP) — British Prime Minister Rishi Sunak and European Union leader Ursula von der Leyen are set to hold face-to-face talks, with expectations high they will seal a deal to resolve a thorny post-Brexit trade dispute. That would mark a breakthrough after months of bitter wrangling ...

Casinos and consulting? Pandemic spurs tribes to diversify

MASHANTUCKET, Conn. (AP) — When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its owners, the Mashantucket Pequot Tribal Nation, had to reckon with decades of relying heavily on gambling as the tribe’s main source of revenue. “The fact ...