It's back to reality for cash-strapped consumers as pandemic stimulus payments dry up Consumers have exhausted their pandemic stimulus savings. Bank balances have dropped and credit card debt has risen, but the economy isn't stalling. 06/16/2024 - 2:00 am | View Link
The US economy is facing its 'two biggest issues' in one day. What to know Here's what to expect from the major events that will shed light on the status of the U.S. economy and that risk rattling stock markets. FED'S FIGHT AGAINST INFLATION IS WEIGHING ON MIDDLE-CLASS ... 06/11/2024 - 11:00 pm | View Link
Fact Check: About Those $8,700 Stimulus Checks the IRS Is Supposedly Issuing to Qualifying Americans Online users looked for answers in June 2024 after noticing Google's trending searches displayed something about $8,700 stimulus checks from the IRS. 06/11/2024 - 10:37 am | View Link
The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says Last year's consensus was that the U.S. economy was headed for a recession ... also means that they wouldn't provide enough economic stimulus to stave off a hard landing, Hollenhorst said almost ... 05/5/2024 - 11:51 am | View Link
The Fed's Tools for Influencing the Economy Ariel Courage is an experienced editor, researcher, and former fact-checker. She has performed editing and fact-checking work for several leading finance publications, including The Motley Fool ... 05/18/2023 - 1:52 pm | View Link
Enlarge / Lars Fruergaard Jorgensen, chief executive officer Novo Nordisk A/S, during an interview at the company's headquarters in Bagsvaerd, Denmark, on Monday, June 12, 2023. (credit: Getty | Carsten Snejbjerg)
After some persuasion from Sen. Bernie Sanders (I-Vt.), the CEO of Novo Nordisk will testify before lawmakers later this year on the "outrageously high cost" of the company's diabetes and weight-loss drugs—Ozempic and Wegovy—in the US.
CEO Lars Jørgensen will appear before the Senate Committee on Health, Education, Labor, and Pensions (HELP), which is chaired by Sanders, in early September.
Enlarge (credit: Getty Images)
Hardware manufacturer Asus has released updates patching multiple critical vulnerabilities that allow hackers to remotely take control of a range of router models with no authentication or interaction required of end users.
The most critical vulnerability, tracked as CVE-2024-3080 is an authentication bypass flaw that can allow remote attackers to log into a device without authentication.
Enlarge (credit: MirageC | Moment)
US Surgeon General Vivek Murthy wants to put a warning label on social media platforms, alerting young users of potential mental health harms.
"It is time to require a surgeon general’s warning label on social media platforms stating that social media is associated with significant mental health harms for adolescents," Murthy wrote in a New York Times op-ed published Monday.
Murthy argued that a warning label is urgently needed because the "mental health crisis among young people is an emergency," and adolescents overusing social media can increase risks of anxiety and depression and negatively impact body image.
Enlarge / For an unreleased game, Star Citizen still has some really pretty ships (credit: RSI)
At this point in Star Citizen's drawn-out, 11-plus-year development cycle, we're usually reminded of the game when it hits some crowdfunding microtransaction milestone or updates its increasingly convoluted alpha development roadmap. So last week's announcement that developer Cloud Imperium Games (CIG) has banned over 600 cheaters from its servers is a notable reminder that some people are actually enjoying—and exploiting—the unpolished alpha version of the game.
Shortly after the May release of Star Citizen's Alpha 2.23.1 update, players started noticing that they could easily make extra money by storing a freight ship, selling their cargo, and then returning to the ship to find the cargo ready to be sold a second time.
Enlarge (credit: Getty Images)
Proton, the secure-minded email and productivity suite, is becoming a nonprofit foundation, but it doesn't want you to think about it in the way you think about other notable privacy and web foundations.
"We believe that if we want to bring about large-scale change, Proton can’t be billionaire-subsidized (like Signal), Google-subsidized (like Mozilla), government-subsidized (like Tor), donation-subsidized (like Wikipedia), or even speculation-subsidized (like the plethora of crypto “foundations”)," Proton CEO Andy Yen wrote in a blog post announcing the transition.
Enlarge / Apple bragged about the thinness of the M4 iPad Pro; it's apparently a template for the company's designs going forward. (credit: Apple)
Though Apple has a reputation for prioritizing thinness in its hardware designs, the company has actually spent the last few years learning to embrace a little extra size and/or weight in its hardware.