Money Minute: Gmail Users Latest Target for Cyberattacks

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Another hack attack puts millions of us at risk.

The security firm Bitdefender says users of Google (GOOG) Gmail are the target of a phishing attack. The fast-spreading scheme aims to steal your password, and it appears to be able to get past most computer security systems. Here's what to watch for: the subject line will contain a message such as "Mail Notice" or "Lookout Notice." If you get one, delete it, and definitely don't click on the link inside the text.

American's level of household debt rose in the first quarter, but most of it was for mortgages, not credit cards. In fact, credit card debt fell by $24 billion compared to a year ago, and it's now at the lowest level since 2002. That's good for our personal finances, but not so good for the overall economy, which depends upon consumer spending to spur growth.

One thing we are spending more on is wine. And for the first time, the U.S. has surpassed France as the biggest consumer of vino. However, the French still drink far more on a per person basis -- about six times more than the average American drinks.

Here on Wall Street, the Dow Jones industrial average (^DJI) gained 20 points on Tuesday. It was the Dow's fifth straight gain, the best streak this year. The Nasdaq composite (^IXIC) fell 13 points and the Standard & Poor's 500 index (^GPSC) eked out another record high.

The S&P crossed the 1,900 level for the first time, even though it didn't close there. The index reached the 1,800 level less than six months ago. Last year the S&P topped three different century marks, but before that you have to go back to March of 2000, when it crossed the 1,500 level.

As the U.S. draws closer to energy independence, the Obama Administration is considering lifting the ban on oil exports. Due to the surge in shale oil production, the U.S. is set to become the world's largest producer within the next five to 10 years.

Finally, it's the birthday of Facebook (FB) founder and CEO Mark Zuckerberg. He turns 30.

-Produced by Drew Trachtenberg.


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Valerie

Increased consumer debt, in any form, is NOT good news. Yet, this article wants us to believe that happy days are here, again.

Instead of cheering for the wine drinkers, why not ask the 15 million unemployed Americans how "great" their current lives are.

May 14 2014 at 1:52 PM Report abuse +1 rate up rate down Reply
Iselin007

You must notice the millions of posters who are missing from these message boards. Over the last couple of years while people tried to over come insurmountable odds to remain employed the jobs kept disappearing. With the Non Institutional civilian labor force over 16 growing rapidly the yearly average amount of jobs has not even reached it's former peak of 146 million. Meanwhile all those extra people and over will require 16 more jobs than just the former peak. The message boards have been shrinking and the job sites have proven to be just a lot of BS.

May 14 2014 at 12:39 PM Report abuse +3 rate up rate down Reply
1 reply to Iselin007's comment
tru.liberal1

Do you think these millions of missing message board posters may have been kidnapped by Martians who invaded on the backs of flying pigs?

May 14 2014 at 4:12 PM Report abuse rate up rate down Reply
Iselin007

It's obvious the selected articles are not concerned with the millions of unemployed and not in the labor force Americans who have been hurt by the financial failures and the outsourcing of better paying jobs.

Nothing but data spinning is seen as violence breaks out globally.What you get is unemployment rates being lowered through fancy manipulation of data and austerity measures while investments off shore make only the investors happy.

May 14 2014 at 12:17 PM Report abuse +1 rate up rate down Reply
1 reply to Iselin007's comment
tru.liberal1

Who do you think investments should please besides the investors?

May 14 2014 at 4:11 PM Report abuse rate up rate down Reply
Iselin007

Why is the article missing the most important question? When are they going to stop using visa workers and undocumented aliens to artificially push down the unemployment rate of Americans citizens unemployed!

May 14 2014 at 12:01 PM Report abuse +5 rate up rate down Reply
wolfm106

There are six formal paragaphs in this article. Only one of them is remotely related to the article's title. And while Obama has done many terrible things for America, one thing he has NOT done is been involved in a phishihg scam. Why is he mentioned? Why is Oil mentioned? What does wine have to do with anything? Are people falling for obvious scams because they're drunk? Maybe the author of this article was drunk, that might explain why so little of it has anything to do with the article's subject.

May 14 2014 at 11:50 AM Report abuse +2 rate up rate down Reply
1 reply to wolfm106's comment
tru.liberal1

Maybe it's the whole concept of the article that escapes you.

Daily Finance does a short video each day titled, "Money Minute", which is designed to provide a brief rundown of a handful of topics deemed to be most pertinent. The reason there are 6 different paragraphs in today's text version of the video is because today's "Money Minute" video covered 6 different topics that the Daily Finance staff felt were most pertinent.

Obama is mentioned in one of the six because a decision his administration makes will be a key determinant of future US oil exports. Obama wasn't mentioned in any of the other 5 topics because they don't relate to Obama.

Catching on yet?

May 14 2014 at 4:43 PM Report abuse rate up rate down Reply