Fresh data on inflation, jobs could force Fed to rethink rate cuts
The Fed’s path to lower interest rates this year is further complicated by new data showing that while the job market remains strong, inflation remains high. The Producer Price Index, which measures wholesale inflation, rose 0.6% in February, twice the Dow Jones estimate of 0.3% and the 0.3% rise recorded in January, the Labor Department […]
Tax refunds are nearly 29% lower so far this year, IRS data shows
Average refunds are decreasing due to later filing dates and fewer returns filed. (iStock) This year’s tax refund amount for early taxpayers is decreasing. His average refund for the first few weeks of tax filing season is $1,395. IRS data showed. Last year, the average refund within the first few weeks of filing was $1,963. […]
Automakers tracking drivers, sharing data with car insurance companies
Debt consolidation expert Jade Warshaw joins ‘Kabuto: Coast to Coast’ to react to reports that car insurance prices have risen by more than 20% compared to a year ago. Automakers collect driving data from customers and secretly provide it to insurance companies, a practice that has led some sober drivers to have their coverage increased […]
High and rising U.S. maternal mortality rates are due to flawed data, study shows
A new study finds that high and rising maternal mortality rates in the United States are due to flaws in data. Although the maternal mortality crisis in the United States indicates a high maternal mortality rate compared to other countries, this study found that Published on Wednesday The Journal of the American College of Obstetricians […]
Chinese company infiltrating classrooms across the country, putting students’ data at risk: parent activist group
Parents Defending Education says a Chinese-owned financial company that provides tutoring services, which has been called into question by Sen. Tom Cotton, R-Arkansas, is infiltrating American classrooms. Tutor.com provides 24/7, on-demand tutoring and homework assistance for over 250 subjects for colleges, universities, K-12 schools and school districts, public and state libraries, employee benefit programs, and […]
US dollar drifts lower as market in consolidation post-inflation data – Yahoo Finance
Written by Gertrude Chavez-Dreyfus and Joyce Alves NEW YORK/LONDON (Reuters) – The dollar edged lower on Wednesday after gaining in early trading on better-than-expected U.S. inflation data. The timing of federal policy could become clearer as investors consolidated gains ahead of further economic data this week. The Reserve Bank will start cutting interest rates this […]
Latest Inflation Data Means the Fed Cannot Cut Rates
Breitbart economics editor John Carney said Tuesday on Fox Business Network’s “Kudlow” that the latest inflation numbers mean the Federal Reserve could potentially not cut interest rates. Anchor Larry Kudrow said, “John, let’s start the game. How bad was this? “This was really bad. Not only was it higher than expected, it confirmed that January […]
Roku says over 15,000 accounts may have been accessed by bad actors in data breach incident
Dan Ives, managing director of equity research at Wedbush, looks back at the “Golden Age of Cybersecurity” in “The Claman Countdown.” Roku told two state attorney general’s offices that malicious parties may have illegally hacked into thousands of Roku accounts. In a data breach notification to the Maine Attorney General’s Office, the video streaming company […]
US Dollar Forecast: Hot US Inflation Data Drives USD/JPY Higher. What Now? – DailyFX
USD/JPY forecast USD/JPY Rebound on Tuesday after poor performance in the past few trading sessions America is hotter than expected consumer price index data backs it up USDrebound of Traders should keep an eye on the upcoming PPI report for a clearer picture of the inflation outlook. Most read: US inflation higher than expected, USD […]
Major Automakers Share Driving Data with Insurance Giants
Recent reports have revealed that several major automakers are secretly sharing detailed driving data on their customers’ vehicles with insurance companies and third-party data brokers. Recent new york times report reveals the worrying practices of automakers like GM, Honda, Kia, and Hyundai that secretly collect extensive information about their customers’ driving habits and share it […]