Judge temporarily halts Medicaid data sharing with ICE agents
Judge Blocks Medicaid Data Use for Immigration Enforcement A federal judge has issued a temporary order preventing immigration officers from accessing the personal data of Medicaid registrants. The ruling, made by District Judge Vince Chhabria from the Northern District of California on August 12, prohibits the Department of Homeland Security (DHS) from utilizing Medicaid data […]
Test scores of Success Academy Charter students were almost twice those of their NYC public school counterparts: data
Success Academy Students Outperform Public School Peers in State Exams Recent data shows that students from Success Academy charter schools significantly outperformed their counterparts in New York City public schools on this year’s state exams. The results reveal that the pass rates for students in grades three to seven at Success Academy were twice as […]
Legal group linked to Trump files lawsuit over supposed manipulation of crime data in DC
ProTrump Legal Group Requests Information from DC Police A legal group affiliated with ProTrump, established by Stephen Miller, submitted a FOIA request on Thursday aimed at examining what they claim are manipulated crime statistics by high-ranking administration officials. This request seeks to obtain a comprehensive range of criminal records and data from the DC Metropolitan […]
Crypto and Fintech Ask Trump to Eliminate Bank Data Access Charges
Fintech and Crypto Companies Urge Trump to Halt Data Fees On Wednesday, leading fintech and cryptocurrency firms called on President Donald Trump to intervene against American banks imposing fees for accessing customer data. Among those voicing concerns were fintech platform Robinhood, cryptocurrency exchange Gemini, and venture capital firm Andreessen Horowitz, part of a larger coalition […]
Jim Cramer Believes It’s Time for the Federal Government to Stop Gathering Economic Data
Concerns Over Economic Data Reporting CNBC’s Jim Cramer stated on Thursday that the federal government is struggling to provide accurate economic data, suggesting that perhaps the private sector should take over this responsibility. This conversation gained traction after President Trump dismissed the Director of Labor Statistics following a report from the Bureau of Labor Statistics […]
Pound Sterling gains from Q2 GDP, while US Dollar looks forward to mid-level data.
Key Updates for Thursday, August 14th The British pound is showing strength, supported by positive data releases, and seems likely to hold its ground against competitors this Thursday. Later today, the U.S. economic calendar will feature producer inflation figures for July along with the first weekly unemployment claims. This week’s US Dollar Price The table […]
GBP/USD remains stable above 1.3550 as traders anticipate UK GDP and US PPI data.
GBP/USD remains steady near 1.3575 during Thursday’s Asian session. The UK’s unemployment rate has climbed to 4.7%, the highest in four years, amid economic downturn. Attention will be on the UK Q2 GDP report and the US PPI data for July later on Thursday. During the Asian trading hours on Thursday, the GBP/USD pair is […]
EUR/USD remains stable near 1.1700 before Q2 Eurozone GDP and US PPI data
EUR/USD remains steady as it awaits the release of total eurozone production figures for the second quarter. CME’s FedWatch tool indicates a nearly 94% probability of a 25 basis point rate cut in September. U.S. Treasury Secretary Scott Bescent believes that the Fed could implement a 50 basis point rate reduction in September. The EUR/USD […]
GBP/USD keeps rising as important economic data approaches
The GBP/USD gained traction on Wednesday as the US dollar continued to decline. Traders are adjusting their risk preferences with important data from the UK and the US on the horizon. Key figures on UK quarterly GDP and US PPI inflation are set to be released on Thursday. The GBP/USD continued to rise on Wednesday, […]
Bessent opposes halting monthly job reports due to data worries
Concerns Over Monthly Job Reports Alicia Finley, of the Wall Street Journal’s editorial board, recently discussed comments made by President Donald Trump regarding Job Biden’s alleged political manipulation to support Joe Biden on Varney & Co. On Wednesday, Treasury Secretary Scott Bescent expressed his belief that the Bureau of Labor Statistics (BLS) should not halt […]