Dow falls 400 points as hot inflation data hurt chance of June rate cut
Wednesday’s better-than-expected inflation numbers poured cold water on investors’ hopes that the Federal Reserve would start cutting interest rates as early as June, sending markets plummeting. All three major stock indexes fell sharply at the opening bell after the Labor Department announced that the consumer price index for March was 3.5%. This came on the […]
Jordan urges warrants to search Americans’ data and protect constitutional liberties as GOP fights over FISA
Exclusive: House Judiciary Committee Chairman Jim Jordan has called for intelligence agencies to obtain a warrant before examining Americans’ data through a government surveillance tool known as Section 702 of FISA, saying there is no “exigent circumstance.” It’s important to protect data as long as possible, he told FOX News Digital. Americans’ constitutional freedoms. The […]
Stocks sink after hot March inflation data
The Morning with Maria panel examines March core CPI, expected Fed rate cuts, and the overall market outlook. U.S. stocks fell across the board as better-than-expected inflation data dampened hopes for a June interest rate cut by the U.S. Federal Reserve. ticker safety last change change % Me: DJI Dow Jones Average 38380.61 -503.06 -1.29% […]
Gold prices hit record highs ahead of CPI data, copper gains – Investing.com
Investing.com — Gold prices edged below record highs in Asian trade on Wednesday as safe-haven demand for the yellow metal increased in anticipation of key U.S. inflation data and further clues on interest rates. It remained at the same level. Among industrial metals, copper prices rose to a 15-month high amid hopes that demand will […]
Google introduces new Arm-based AI chip for data centers
Mark Mahaney, Head of Internet Research at Evercore ISI, joins “The Claman Countdown” to discuss the possibility of Google putting some of its AI capabilities behind a paywall. Google on Tuesday unveiled its latest custom-designed artificial intelligence semiconductors, introducing new Google Axiom processors designed to power data centers. It is the first central processing unit […]
WHITLEY: Are Lawmakers Overlooking Domestic Data Threats By Focusing Too Much On China, TikTok?
We recently ran a column here about the Japanophobia driving some American opposition to Nippon Steel’s efforts to purchase the iconic U.S. Steel corporation. Since the end of the Second World War, Japan has been a stalwart American ally. Yet as evidenced by the Japanese company’s efforts to acquire an American one, the distrust of that […]
Stock futures are little changed as investors await March inflation data: Live updates – CNBC
3 hours ago Real estate sector outperforms even on tepid day The S&P 500 ended Monday down slightly by 0.04%, but the real estate sector outperformed. Apartment real estate investment trusts were the best performers in the sector, with Camden Property Trust up 5.7%. The stock marked its best trading since November 2022. 4 hours […]
Public safety group finds FBI violent crime data is higher than initially reported
First appearance on Fox: An independent group of law enforcement officials and analysts contends that the violent crime rate is much higher than what the Federal Bureau of Investigation reported in its 2023 violent crime statistics. The Coalition for Law, Order and Safety released an April 2024 report titled “Assessing America’s Crime Crisis: Trends, Causes, […]
Keeping your data hidden from Apple is ‘virtually impossible,’ experts warn
If you think you’re protecting your data, think again. Experts have warned that keeping data hidden from Apple is “virtually impossible”. Despite the slogan “Privacy.” That’s Apple.” New research from Aalto University in Finland Default apps on iPhones, iPads and MacBooks suggest they are collecting personal data even when they appear to be disabled, South […]
Bipartisan lawmakers unveil data privacy legislation after years of negotiation
A bipartisan group of House and Senate members unveiled a first draft of legislation on Sunday to allow consumers to manage their data privacy. Sen. Maria Cantwell (D-WA), chairwoman of the Senate Committee on Commerce, Science and Transportation, joined forces with Rep. Cathy McMorris Rodgers (R-WA), the chairwoman of the House Committee on Energy and […]