Ina Fried Jan 3
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Intel doesn't expect massive vulnerability to hit bottom line

Photo: Chesnot / Getty Images

Intel said Wednesday that it doesn't expect a significant financial impact from a just-disclosed security vulnerability affecting nearly all modern chips.

"As we look at it we don't see it as any financial impact," corporate VP Stephen Smith said on a conference call with analysts.

Why it matters: Although the vulnerability is massively widespread, Intel doesn't see the costs of mitigating the issue hurting its profits or market share.

Dan Primack 1 hour ago
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Why the stock markets are tanking

Stock market trader adjusts his glasses.
Photo by Xinhua/Wang Ying via Getty Images

Stock markets were down sharply on Thursday, with the Dow Jones Industrial Average losing 724 points, or 2.96%.

Three key drivers: Tariffs, inter-bank lending rates and Facebook's troubles.

Caitlin Owens 4 hours ago
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How Congress missed yet another chance for an immigration deal

Congressional leaders with President Trump
Congressional leaders with President Trump. Photo: Olivier Douliery - Pool / Getty Images

Congressional leaders and the White House failed to come to an agreement on temporary protections for Dreamers over the past week as part of the giant spending bill, leaving the issue unresolved.

Why it matters: After all of the fighting over President Trump's decision to end DACA — including a government shutdown over it — the White House and Congress ended up with nothing. The issue is currently tied up in the courts. And though both sides agree it's better to give Dreamers more certainty over their future, they just can't agree how to do it.