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ISIS Earns $1M Per Day in Black Market Oil Sales

The U.S. Treasury Department says Islamic State militants are earning about $1 million a day just from black market oil sales.

The official who leads the department’s effort to undermine the group’s financial strength says IS also has taken in at least $20 million in ransom payments this year from kidnappings.

David Cohen, the Treasury undersecretary for terrorism and financial intelligence, says the group takes in several million dollars a month from wealthy donors, and from extortion rackets and other criminal activities, such as robbing banks.

via US: IS Earns $1M Per Day in Black Market Oil Sales – ABC News.

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Now There Can Be No Doubt: Obamacare Will Increase Non-Group Premiums In Nearly All States

…a new study from the well-respected and non-partisan National Bureau of Economic Research (and published by Brookings Institution), overcomes the limitations of these prior studies by examining what happened to premiums in the entire non-group market. The bottom line? In 2014, premiums in the non-group market grew by 24.4% compared to what they would have been without Obamacare. Of equal importance, this careful state-by-state assessment showed that premiums rose in all but 6 states (including Washington DC). It’s worth unpacking this study a bit to understand the ramification of these findings.

via Now There Can Be No Doubt: Obamacare Will Increase Non-Group Premiums In Nearly All States.

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Hackers Ran Loose Inside JPMorgan For 2 Months Before Getting Caught

It’s as if a robber were to break into a bank today and stay there until Christmas before someone noticed.

That’s how long hackers had access to JPMorgan Chase’s computer system, The New York Times reported this week. If two months seems like an eternity for cyberthieves to wander through the computers of the country’s largest bank, consider that hackers have had free rein for even longer at several major retailers this past year.

via Hackers Ran Loose Inside JPMorgan For 2 Months Before Getting Caught.

Hackers Ran Loose Inside JPMorgan For 2 Months Before Getting Caught

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