Data

Amazon bought the company that makes the Roomba. Anti-trust researchers and data privacy experts say it's 'the most dangerous, threatening acquisition in the company's history'

Amazon bought the company that makes the Roomba. Anti-trust researchers and data privacy experts say it’s ‘the most dangerous, threatening acquisition in the company’s history’

Amazon on Friday announced it acquired iRobot, the company that makes Roomba vacuums, for $1.7 billion. The deal prompted immediate concerns from data privacy experts and anti-trust researchers.  “[People] don’t buy a Roomba to have a little robot … spying on the layout of your home,” said anti-trust researcher Ron Knox. Loading Something is loading. …

Amazon bought the company that makes the Roomba. Anti-trust researchers and data privacy experts say it’s ‘the most dangerous, threatening acquisition in the company’s history’ Read More »

Inflation data, concerns about 'a hard landing later': What to know this week

Inflation data, concerns about ‘a hard landing later’: What to know this week

A series of inflation reports due out this week could propel or break the market’s summer momentum. Investors will get the latest gauge of how quickly prices are rising across the U.S. economy from three releases on tap in the coming days: PPI, CPI, and unit labor costs. The readings are expected to influence how …

Inflation data, concerns about ‘a hard landing later’: What to know this week Read More »

Sterling falls as BoE expects recession, U.S. futures up

European stocks slip, oil recovers, traders await U.S. jobs data

LONDON, Aug 5 (Reuters) – European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in the session to give clues as to the health of the world’s largest economy. The MSCI world equity index, which tracks shares in 47 countries, was …

European stocks slip, oil recovers, traders await U.S. jobs data Read More »

Futures Narrowly Lower As Treasury Yields Climb

Stocks Mixed After Jobless Data

The Dow Jones Industrial Average dropped Thursday morning after first-time jobless claims data. Now investors await Friday’s highly anticipated July jobs report. X Key earnings movers Thursday include Albemarle (ALB), Alibaba (BABA) and APA (APA). Also on the move were IBD Leaderboard stocks Cheniere Energy (LNG), Quanta Services (PWR), ELF Beauty (ELF), eBay (EBAY) and …

Stocks Mixed After Jobless Data Read More »

Wall Street rallies on economic data, crude falls as stockpiles jump

Wall Street rallies on economic data, crude falls as stockpiles jump

NEW YORK, Aug 3 (Reuters) – U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday as robust economic data, upbeat corporate guidance and easing geopolitical concerns boosted investor risk appetite. Front-month crude futures dropped following a report that U.S. stockpiles of crude and gasoline unexpectedly surged last week. …

Wall Street rallies on economic data, crude falls as stockpiles jump Read More »

Toyota unit falsified emissions data from at least 2003, probe finds

Toyota unit falsified emissions data from at least 2003, probe finds

Hino Motors Ltd displays its new Hybrid Profia, a diesel-hybrid version of its large commercial truck model at its R&D Centre at Hino in Tokyo, Japan July 17, 2018. REUTERS/Naomi Tajitsu/File Photo Register now for FREE unlimited access to Reuters.com Register Committee publishes report on false data scandal at Hino Says engineers didn’t feel able …

Toyota unit falsified emissions data from at least 2003, probe finds Read More »

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

It’s finally happening. After soaring 40% from pre-pandemic levels in the greatest boom in decades, home prices peaked in June, and started falling in July. That’s the stunning, sudden shift revealed in a new set of data just introduced by the American Enterprise Institute’s Housing Center, one of the top sources for in-depth, city-by-city numbers …

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June Read More »

Fed's aggressive rate-hike path bolstered by new inflation, wage data

Fed’s aggressive rate-hike path bolstered by new inflation, wage data

July 29 (Reuters) – Federal Reserve Chair Jerome Powell said this week he’s looking for compelling signs that inflation is cooling before the U.S. central bank will let up on what’s so far been its most aggressive set of interest rate hikes in decades. In data released on Friday, he largely got the opposite. Inflation …

Fed’s aggressive rate-hike path bolstered by new inflation, wage data Read More »

T-Mobile to pay $500M for one of the largest data breaches in US history

T-Mobile to pay $500M for one of the largest data breaches in US history

When T-Mobile compromised the sensitive personal information of more than 76 million current, former, and prospective customers in 2021, plaintiffs involved in a class action lawsuit complained that the company continued profiting off their data while attempting to cover up “one of the largest and most consequential data breaches in US history.” Now, T-Mobile has …

T-Mobile to pay $500M for one of the largest data breaches in US history Read More »

Beijing plans three-tier data strategy to avoid US delistings

Beijing plans three-tier data strategy to avoid US delistings

China is preparing a system to sort US-listed Chinese companies into groups based on the sensitivity of the data they hold, in a potential concession by Beijing to try to stop American regulators from delisting hundreds of groups. The system is designed to bring some Chinese companies into compliance with US rules that require public …

Beijing plans three-tier data strategy to avoid US delistings Read More »