News

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…

The new year witnessed a sluggish beginning for consumer spending in the United States, potentially a repercussion of an extensive holiday shopping season. The government reported on Thursday that household outlays grew by a meager 0.2% last month, marking the smallest increase in three months. This figure aligned with the expectations of economist…

Wilmington-based chemical company Chemours has announced a significant development in its leadership, revealing that President and CEO Mark Newman, Senior Vice President CFO Jonathan Lock, and Controller Camela Wisel have all been placed on administrative leave. This decision comes as part of an internal review initiated by the Audit Committee of t…

In an ongoing trend, mortgage rates have surged for the fourth consecutive week, edging closer to the 7% mark just as the peak homebuying season unfolds. According to data released by Freddie Mac on Thursday, the 30-year fixed-rate mortgage averaged 6.94% for the week ending February 29, a slight uptick from the previous week's 6.90%. Comparatively…