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FedEx, UPS warn deliveries may be delayed due to Microsoft outage

Shippers FedEx and UPS on Friday said the Microsoft outage caused by a software glitch could lead to delayed package deliveries. FedEx acknowledged the interruption in a statement on its website Friday, saying “FedEx has experienced disruptions throughout our networks due to a global IT outage experienced by a third party software vendor.” “Contingency plans have been activated to mitigate …

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What is CrowdStrike, the cybersecurity company behind the global Microsoft outages?

CrowdStrike, a cybersecurity firm headquartered in Austin, Texas, is linked to theMicrosoft outageaffecting airlines, banks and other businesses worldwide on Friday. The company provides antivirus software to Microsoft for its Windows devices, and many industries globally — from banking to retail to health care — use the company’s software to protect against breaches and hackers. The outages Friday, which caused …

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Gold prices remain elevated. Should you invest in 1-ounce gold bars now?

Gold investing has been top of mind for many investors over the last few years. After all, when inflation and other economic issues are looming, investors tend to turn to safe-haven assetslike gold to protect their wealth and mitigate losses from more volatile assets. But the unique benefits that gold offers in uncertain economic climates haven’t been the only draw …

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