US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Republicans to back Obama's student loan plan House Republicans are willing to give President Barack Obama a rare win, the chairman of the Education and Workforce Committee said Thursday in outlining a deal that would let college students avoid a costly hike on their student loans. More
Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Sioux Falls as a piece in the state’s economy SIOUX FALLS, S.D. (KELO) — What does it mean to be the largest city in a growing state? It means that the jobs, development, sales tax and wages in the city will be big drivers in the state’s ... 04/19/2024 - 8:52 am | View Link
Here’s what would happen to the US economy if there are no rate cuts this year Markets, businesses and the White House have been laser-focused on the timing and number of rate cuts this year, yet the prospect seems to be slipping away. How would the US economy handle more ... 04/16/2024 - 9:57 am | View Link
The U.S. Economy In Peril: Part 2 Inflation concerns and high wages are impacting the Fed's rate cuts. US EV policy and mandates will raise prices. 04/13/2024 - 1:52 am | View Link
High interest rates, rising inflation: The economy still isn’t normal “The closer we get to November for that interest rate pivot, the more uncomfortable ... persuading employers to stop adding jobs or lay off the staff they already have. That leaves the Fed ... 04/10/2024 - 11:00 pm | View Link
A growing chorus of experts don't think a rate cut is coming in 2024 Investors are starting to take seriously the idea that the Fed might not cut interest rates in 2024. Strong job gains and elevated inflation reports could put the Fed in a difficult spot later ... 04/5/2024 - 1:00 pm | View Link
(NEW YORK) — Rooting for Donald Trump to fail has rarely been this profitable.
Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Truth Social itself.
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Several of these investors interviewed by The Associated Press say their bearish gambles using “put” options and other trading tools are driven less by their personal feelings about the former president (most don’t like him) than their faith in the woeful underlying financials of a company that made less money last year than the average Wendy’s hamburger franchise.
“This company makes no money.
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A federal appeals court today reversed a ruling that prevented New York from enforcing a law requiring Internet service providers to sell $15 broadband plans to low-income consumers. The ruling is a loss for six trade groups that represent ISPs, although it isn't clear right now whether the law will be enforced.
New York's Affordable Broadband Act (ABA) was blocked in June 2021 by a US District Court judge who ruled that the state law is rate regulation and preempted by federal law.
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Google says it has patched a nasty loophole in the Android TV account security system, which would grant attackers with physical access to your device access to your entire Google account just by sideloading some apps. As 404 Media reports, the issue was originally brought to Google's attention by US Sen.
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Hackers are assailing websites using a prominent WordPress plugin with millions of attempts to exploit a high-severity vulnerability that allows complete takeover, researchers said.
The vulnerability resides in WordPress Automatic, a plugin with more than 38,000 paying customers. Websites running the WordPress content management system use it to incorporate content from other sites.
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On Thursday, the US Department of Energy released its preliminary estimate for the nation's carbon emissions in the previous year. Any drop in emissions puts us on a path that would avoid some of the catastrophic warming scenarios that were still on the table at the turn of the century.
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Spy Pet, a service that sold access to a rich database of allegedly more than 3 billion Discord messages and details on more than 600 million users, has seemingly been shut down.
404 Media, which broke the story of Spy Pet's offerings, reports that Spy Pet seems mostly shut down.