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US arrests man allegedly behind enormous botnet that enabled cyberattacks and fraud
The Verge· 5 days agoIt’s a scheme that “reads like it’s ripped from a screenplay,” according to one Commerce Department...
Forbes Daily: Big Tech Drives S&P 500’s Second-Best May In Two Decades
Forbes· 9 hours agoWalking into an Abercrombie & Fitch store today, you won’t find shirtless models or a strong cologne...
Inflation remained high in April, a worrying sign for Biden
The Washington Times· 3 days agoThe Commerce Department’s personal consumption expenditures index, released Friday, showed inflation...
China ‘afraid’ of Trump winning re-election, Taiwanese defense expert says
Fox News· 6 hours agoA Chinese government that is poised to attack Taiwan would be "afraid" of former President Trump...
US Fed's favored inflation gauge unchanged in April
AFP via Yahoo Finance· 3 days agoThe US Federal Reserve's favored measure of inflation remained unchanged in April, according to government data published Friday, as services prices...
NVIDIA, AMD & Others Face A.I. Chip Licensing Pressure - Report
Wccftech· 3 days agoThe Commerce Department denied similar assertions last year, and today's report comes after...
Treasury Yields Decline on Data Suggesting U.S. Economy Not Too Hot
Barrons.com· 4 days agoTreasury yields decline after the U.S. Commerce Department trimmed its 1Q GDP estimate to 1.3% from...
US Fed's Favored Inflation Measure Remains Unchanged In April
International Business Times· 3 days agoThe news will likely lead the US central bank to keep interest rates elevated throughout the summer,...
Dollar lower ahead of key inflation data Friday
Reuters via Yahoo Finance· 5 days agoThe Commerce Department reported the U.S. economy grew at an 1.3% annualized rate from January through March, down from the advance estimate of 1.6%...
Price cuts, weaker spending could bolster Fed's faith in inflation outlook
Reuters via Yahoo Finance· 3 days agoAdjusted for inflation both overall consumption and disposable income dropped slightly in April. The...