How data centers using AI contribute to high electricity costs in NY and NJ
With summer in full swing, people are noticing their electricity bills balloon, largely due to the increased use of air conditioning. But this year, there’s a twist—it’s not just the AC causing the spike; it’s also the growing demand from AI-driven data centers operated by giants like Amazon, Google, Meta, and Microsoft. To complicate matters, […]
Air France and KLM alert customers about a recent data breach
Air France and KLM have issued a warning to their customers about recent data breaches affecting their customer service platform. Hackers managed to access personal information, including names, emails, phone numbers, loyalty program details, and recent transactions. While there’s no indication that financial information was compromised, experts caution that this type of data is still […]
EUR/USD rises following mixed U.S. data, attention turns to Trump-Putin meeting
EUR/USD Overview EUR/USD sees a 0.47% increase to 1.1702, bolstered by positive US retail sales from July and June. Market focus shifts to the Trump-Putin summit in Anchorage, where analysts express doubt about achieving a ceasefire in Ukraine. UBS projects a rise of EUR/USD to 1.21 by year-end if a ceasefire occurs. US consumer sentiment […]
USD/JPY approaches 147.00 following unexpected Japan GDP figures, US data impacts Dollar
USD/JPY is nearing 147.00, dropping about 0.50% today as the yen benefits from optimism in growth and overall weakness of the USD. Japan’s Q2 GDP growth, driven by capital investment and exports, beats expectations, showing a 0.3% quarter-on-quarter increase and a 1.0% annual rise. In the US, retail sales grew by 0.5% in July, while […]
EUR/USD recovers as mixed US data affects expectations for Fed rate cuts
The EUR/USD has bounced back toward 1.1700 amid mixed data, affecting the dollar and reducing expectations for a Federal Reserve rate cut. Retail sales in July increased by 0.5%, aligning with predictions, but this was also influenced by a June rise that surpassed 0.9%. The CME FedWatch tool indicates an 88% likelihood of a 25 […]
AT&T users can get up to $7,500 from $17 million data breach settlement: Here’s how to claim it
AT&T Settlement Offers Up to $7,500 to Customers Both former and current customers of AT&T may be entitled to receive as much as $7,500 from a recent settlement linked to two significant data breaches. This telecommunications company proposed a settlement amounting to $177 million earlier this month, which includes $149 million from the first case […]
Forex Today: US Dollar faces challenges in continuing its recovery before important US data
Key Updates for Friday, August 15th The US Dollar (USD) is facing challenges in maintaining its strength after experiencing gains against its main competitors on Thursday. Today’s economic calendar for the US includes reports on retail sales and industrial production data for July. Additionally, later in the session, the University of Michigan is set to […]
GBP/USD ends its winning run following strong US PPI inflation data
GBP/USD decreased on Thursday, influenced by a rise in demand for the US dollar. US PPI inflation spiked in July, leading to a flight towards dollar safety. The market has adjusted its expectations for multiple Federal Reserve rate cuts by the year’s end. On Thursday, GBP/USD pulled back due to increasing US inflation data, which […]
Judge prevents HHS from providing Medicaid data to immigration authorities
Federal Judge Blocks Use of Medicaid Data for Immigration Enforcement A federal judge has directed the Department of Health and Human Services (HHS) to avoid sharing personal information of Medicaid registrants, like home addresses, with immigration officials. Judge Vince Chhabria, appointed by Obama, issued a preliminary injunction preventing the Department of Homeland Security (DHS) from […]
Trump supports DC police in sharing immigration data with federal agents.
Trump Advocates Policy Shift for Metropolitan Police President Donald Trump has expressed his support for a new directive that allows metropolitan police departments to share information with federal immigration authorities regarding individuals apprehended during traffic stops. He believes this initiative is a positive move, suggesting that similar policies could be adopted by other cities as […]