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Josh Hallet / Flickr cc

Yahoo is warning users that their accounts may have been subjected to "malicious activity" between 2015 and 2016, per AP. The news comes in the midst of the company's investigation into a massive security breach that exposed 1 billion users' data — such as email addresses, birthdates, and answers to security questions — several years ago.

In an email to users Wednesday, Yahoo said that based on the information they have collected so far, the company thinks that "forged cookies" — strings of data that enable people to access accounts without re-entering their passwords — were used in the breach. Yahoo has yet to announce how many people were affected, but has said they believe a "state-sponsored actor" is responsible.

Why this matters: The first wave of news surrounding Yahoo's mega-breach threatened the company's proposed deal to sell its core Internet business to Verizon. Earlier today, Bloomberg reported that the deal is still happening, but Verizon has lowered the price by $250 million.

Go deeper

Dion Rabouin, author of Markets
4 mins ago - Economy & Business

The fragile recovery

Data: Department of Labor; Chart: Axios Visuals

The number of people receiving unemployment benefits is falling but remains remarkably high three weeks before pandemic assistance programs are set to expire. More than 1 million people a week are still filing for initial jobless claims, including nearly 300,000 applying for pandemic assistance.

By the numbers: As of Nov. 14, 20.2 million Americans were receiving unemployment benefits of some kind, including more than 13.4 million on the Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs that were created as part of the CARES Act and end on Dec. 26.

Ben Geman, author of Generate
24 mins ago - Politics & Policy

The top candidates Biden is considering for key energy and climate roles

Photo: Alex Wong/Getty Images

Senate Minority Leader Chuck Schumer (D-N.Y.) has urged President-elect Joe Biden to nominate Mary Nichols, chair of California's air pollution regulator, to lead the Environmental Protection Agency, Bloomberg reports.

Why it matters: The reported push by Schumer could boost Nichol's chances of leading an agency that will play a pivotal role in Biden's vow to enact aggressive new climate policies — especially because the plan is likely to rest heavily on executive actions.

U.S. economy adds 245,000 jobs in November as recovery slows

Data: BLS; Chart: Axios Visuals

The U.S. economy added 245,000 jobs in November, while the unemployment rate fell to 6.7% from 6.9%, the government said on Friday.

Why it matters: The labor market continues to recover even as coronavirus cases surge— though it's still millions of jobs short of the pre-pandemic level. The problem is that the rate of recovery is slowing significantly.

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