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Coast Guard and FBI boarded 2 energy tankers due to cyberattacks. How big is the risk?

U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials. One of the vessels was the VL Prosperity, a 1,093-foot Liberian-flagged crude oil tanker headed to Galveston, Texas. Iranian state media identified the ship…

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July jobs report reveals unexpected loss of 23,000 jobs, missing economists’ forecasts

The U.S. economy unexpectedly shed 23,000 jobs in July, undershooting economists’ expectations and signaling the job market may be slowing.  By the numbers Economists polled by FactSet forecast employers added 95,000 jobs in July. The unemployment rate in July stood at 4.1%, down from 4.2% in June. The Labor Department also revised down the May…

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