Top 10 Most Recent Blog Posts

Massive AT&T Data Breach Exposes Call and Text Records - Article Image

Massive AT&T Data Breach Exposes Call and Text Records

Category: Business Total Views: 24
By : Henry Turner Updated: 07-12-2024
AT&T Data Breach Affects 109 Million Customer Accounts AT&T suffered a major data hack in April affecting almost 109 million customer accounts. Records of calls and texts from 2022 comprised the pilfers of data. Neither the contents of the calls nor the texts nor personal information like social security numbers were included in this breach. Records of contacts between almost all of AT&T's cellular and landline consumers between May 2022 and October 2022 comprised part of the ... Continue Reading
Investor Expectations Soar for U.S. Q2 Earnings Season - Article Image

Investor Expectations Soar for U.S. Q2 Earnings Season

Category: Investing Total Views: 62
By : Dominic Sanders Updated: 07-12-2024
Investor Expectations for U.S. Companies' Q2 Earnings With great expectations for notable increase, investors are excitedly awaiting the publication of quarterly results from American companies. The emphasis is on whether these businesses can show good returns to support present valuations. For many companies, particularly in the IT industry, estimates are rather high. A good earnings season would help to support current increases in the stock market. Still, a fall short of expectations m... Continue Reading
U.S. Refiners Increase Activity Amid High Fuel Demand - Article Image

U.S. Refiners Increase Activity Amid High Fuel Demand

Category: Markets Total Views: 54
By : Caleb Price Updated: 07-12-2024
Oil Prices Rise Amid Easing U.S. Inflation Friday's oil prices rose in response to indications of American, the world's biggest oil user's inflation slowing down. U.S. West Texas Intermediate crude climbed by 85 cents to $83.47 per barrel; Brent crude rose by 72 cents. Over the past two sessions, both benchmarks showed increases. Still, Brent futures were set for a weekly drop of roughly 1% following four weeks of increases. Rising prices coincided with declining consumer prices i... Continue Reading
Labor Market Softening as Job Openings Decline - Article Image

Labor Market Softening as Job Openings Decline

Category: Markets Total Views: 281
By : Riley Hayes Updated: 07-11-2024
Drop in New Unemployment Applications Surpasses Expectations Last week's total of Americans submitting fresh unemployment benefit applications dropped more than expected. Beginning claims for state unemployment benefits dropped by 17,000 to a seasonally adjusted 222,000 for the week ending July 6. Since late May, this figure shows the lowest level. A Reuters poll showed economists had projected 236,000 claims. Though it aligns with the Independence Day holiday, which usually causes fluctu... Continue Reading
Housing Inflation Persists Amid Economic Cooling - Article Image

Housing Inflation Persists Amid Economic Cooling

Category: Real Estate Total Views: 252
By : Hannah Lewis Updated: 07-11-2024
Persistent Housing Inflation Amidst Broad Economic Cooling While the larger American economy has shown notable cooling from peak epidemic levels, housing inflation has stayed high. Reducing the consumer price index (CPI) to targets for policymakers depends mostly on this slow drop in housing costs, which presents a challenge. Comprising 36% of the CPI, housing represents a higher proportion than food and energy. Consequently, movements in shelter prices have a big influence on general inflati... Continue Reading
Moderate Growth Expected by Central Banks in Coming Years - Article Image

Moderate Growth Expected by Central Banks in Coming Years

Category: Economy Total Views: 266
By : Addison Perry Updated: 07-11-2024
Geopolitical Conflicts: A Major Risk to Global Economy By central bank reserve managers, geopolitical conflicts are considered as the most major threat to the world economy. An annual UBS Asset Management survey indicates that the main risk identified by 87% of respondents is growing geopolitical tensions. These conflicts provide a significant obstacle even with a generally good economic picture. Overlooking almost $15 trillion in assets, reserve managers are worried about possible disruption... Continue Reading
Unexpected Drop in U.S. Consumer Prices for June - Article Image

Unexpected Drop in U.S. Consumer Prices for June

Category: Economy Total Views: 252
By : Lucas Young Updated: 07-11-2024
Surprising June U.S. Consumer Price Drop U.S. consumer prices dropped rather suddenly in June. This was a big change from the data of the previous month. After not changing in May, the Consumer Price Index (CPI) sank 0.1%. Many economists who had expected a modest rise were taken aback by this fall. The CPI drop points to a possible inflation cooling. The news strengthens the conviction that the trend of disinflation is starting to pick speed. This surprising decline can affect next economic ... Continue Reading
How Hospitals Can Reduce Overhead Costs - Article Image

How Hospitals Can Reduce Overhead Costs

Category: Business Total Views: 269
By : Evelyn Baker Updated: 07-11-2024
Effective Strategies for Reducing Hospital Overhead Costs Three years of caring for more than 6 million COVID patients have taken their toll on the American health system. Related rising costs made 2022 the most challenging year for hospitals financially. Since then, things have never really looked better, especially considering the increased inflation and labor shortages.  While there are some signs of recovery, the healthcare sector has several overhead expenses. These account for n... Continue Reading
Fed Chair Powell Reaffirms Independence in Rate Decisions - Article Image

Fed Chair Powell Reaffirms Independence in Rate Decisions

Category: Stocks Total Views: 414
By : Evelyn Baker Updated: 07-10-2024
Fed Chair Powell Affirms Independence in Rate Decisions Chair Jerome Powell of the Federal Reserve underlined the Fed's dedication to base its interest rate decisions on economic data rather than political ones. He gave the House Financial Services Committee his assurance: risk assessments and economic data alone direct the central bank's activities. Powell underlined the Fed's long history of preserving independence, particularly in relation to election years. He underlined that ... Continue Reading
NBA Lands $76B Broadcasting Deal, Expands Media Partnerships - Article Image

NBA Lands $76B Broadcasting Deal, Expands Media Partnerships

Category: Business Total Views: 382
By : Owen Jenkins Updated: 07-10-2024
NBA Seals $76 Billion Broadcasting Deal The National Basketball Association has signed a ground-breaking $76 billion broadcasting agreement. With 11 seasons under this contract, the league's broadcasting income will rise noticeably. Tripling the value of the present agreement highlights the rising significance of sports media rights. The NBA and its clubs should stand to gain significantly financially from this new contract. The league wants to maximize returns and leverage its appeal dri... Continue Reading