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Gary Cohn says Fed rate cuts already priced into mortgage market

(Bloomberg) — The Federal Reserve’s expected rate cuts this week won’t provide much relief to homebuyers facing high borrowing costs, according to Gary Cohn, who served as chief economic adviser to former President Donald Trump. Most Read from Bloomberg “Unfortunately, I think those rates have already priced in what the …

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Port of Seattle shares ransomware attack details

The Port of Seattle released a statement Friday confirming that it was targeted by a ransomware attack. The attack occurred on August 24, with the Port (which also operates the Seattle-Tacoma International Airport) saying it had “experienced certain system outages indicating a possible cyberattack.” The Port is now describing this …

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