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In a notable rebound from January's decline, retail spending in the United States showed promising growth last month, primarily fueled by increased expenditure on gasoline prices . The Commerce Department's report on Thursday revealed a 0.6% rise in retail sales across various platforms including brick-and-mortar stores, online platforms, and resta…

Top economist Stephanie Pomboy, known for her foresight of Impending Double-Dip in predicting the structural problems preceding the 2008 crisis, has issued a stark warning about the US economy. In a recent interview with Rosenberg Research, Pomboy expressed concern over a looming "double-dip" profit recession for US companies. She attributed this p…

Bank of Japan (BOJ) Governor Kazuo Ueda conveyed a nuanced view of Japan's Mixed economic landscape on Tuesday, acknowledging signs of recovery while expressing concern over emerging weaknesses. His remarks, delivered ahead of the central bank's upcoming policy meeting, revealed a slightly more cautious stance than in January, prompted by recent so…

Rising gasoline prices in February are anticipated to act as a stabilizing force on inflation, potentially reinforcing the Federal Reserve's cautious approach to interest rate reductions. Economists are predicting a 0.4% increase in prices across various goods and services during the month, slightly surpassing the January pace of 0.3%. Excluding fo…

In a move to prioritize the privacy of its renters, Airbnb announced on Monday a significant policy change in the Security Cameras that will prohibit hosts from using indoor in their listings, regardless of their placement or purpose. The new rule is set to take effect on April 30th and comes after reports of guests discovering hidden cameras with…

In February, a surge in Gasoline Prices appears to have acted as a significant factor in propping up inflation, potentially influencing the Federal Reserve's cautious stance on interest rate reductions. Economists anticipate a 0.4% increase in prices across various goods and services for the month, slightly exceeding January's pace of 0.3%. The cor…

A recent cybersecurity report by Zscaler, a leading cloud security provider, reveals an ongoing threat campaign orchestrated by a threat actor distributing Remote Access Trojans (RATs) targeting both Android and Windows operating systems. Zscaler’s threat intelligence team, ThreatLabz, has been monitoring this malicious activity since at least Dece…

Security researchers Tommy Mysk and Talal Haj Bakry of Mysk Inc. have recently exposed a critical design flaw in Tesla’s security system, allowing them to hijack a Tesla vehicle using a controversial hacking tool called the Flipper Zero. Priced at $169, this device enables a simple yet effective social engineering attack, where hackers can easily o…

Recent data from Vanguard's "How America Saves 2023" report sheds light on the significant variations in average and median 401(k) balances across different age groups and also shows the retirement gap .The disparity in figures, influenced by high earners nearing annual contribution limits and participants with low or zero balances, underscores the…