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The White House's chief information officer is working to shrink the federal government's budget for information technology using cloud computing. His vision is being met with caution by at least a few of the technology chiefs at the federal agencies that are carrying it out, the New York Times reports.
While all eyes have been on recent swings across the global markets, the looming threat of cyber attacks has increased. The latest target is the social-networking giant, Facebook.
Most of the pundits had expected a relief rally in stocks following a resolution to the debt ceiling crisis. That did not happen. So what gives? Why is the market behaving so poorly despite the hard-fought compromise by lawmakers?
Private sector payrolls rose at a faster pace than expected in July, but a surprising increase in layoffs helped push the number of announced jobs cuts to a 16-month high, separate reports showed.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon — and that has traders thinking Friday's US jobs report may be a huge disappointment.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon.
Thousands of layoffs were announced in just the past week, and that trend could continue if economic growth does not start to pick up speed.
Here's why you should keep a close eye on these six stocks.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
Find out what stocks could be affected by government cutbacks when a debt deal is struck.
From Florida's Space Coast to contractors in Connecticut and Georgia. jobs and business will be lost — some, probably forever.
The space agency is leaving the low-orbit travel to the private sector and focusing its R&D efforts on exploring deep space.
Cutting military spending, as President Obama has proposed, is the worst way to balance the budget while keeping the country growing, investors and analysts said, because the sector is the best creator of domestic jobs and crucial to driving innovation.
It's the one thing that separates the winners from the losers in this market, the "Mad Money" host said.
Cash-strapped nations are only now starting to loosen the purse strings on defense spending, and many may still be looking for bargains at the Paris Air Show this year..
RSA Security on Monday offered to replace its SecurID tokens for most of its 40 million users as it tries to regain customer confidence after prominent hacking attacks. The New York Times reports.
Most people know to ignore the e-mail overture from a Nigerian prince offering riches in exchange for a bank account number, the New York Times reports. But what if the e-mail appears to come from a colleague down the hall?
Authorities in the United States are investigating a Google claim that hackers in China stole email details of senior U.S. government officials—an issue that illustrates the problem of attribution in cyberspace, the coordinator for cyber issues at the U.S. State Department said Thursday.
Have a look at EarlyBird Capital analyst Alex Hamilton's list of companies that stand to gain the most from the growing demand for cyber security.
The nascent and growing nature of cyber attacks promises to be insulated from growing budget concerns. As a result cyber has become a buzz word and many companies will claim to have cyber as higher multiples are assumed. Analyst Alex Hamilton wades through them, offering his picks for the real players in the market.