Tag Archives: Dont

By releasing a vague blueprint of pros and cons on Thursday, the Federal Reserve has taken the first step towards potentially pursuing a digital dollar. The hard part will involve the Fed sorting through how to design a central bank digital coin (CBDC) in a way that meets approval of Congress and the White House, while smoothly transitioning into the payment and banking systems without disruption. The Fed insists it won’t move forward without the “clear support” of both the executive and… Source link

The days of sub 2% inflation — as measured by the Consumer Price Index (CPI) — look over for quite some time, thinks DoubleLine’s co-chief investment officer Jeff Sherman. Sherman assigns the blame to the ongoing COVID-19 pandemic, and in part the extremely easy monetary policy employed by the Federal Reserve to gin up the economy throughout the health crisis.  “I don’t think we are going back to the old school one and a half to 2% inflation because it’s permeated the psyche for a period… Source link

There are more scams you need to watch out for if you’re shopping online, especially on sites like Facebook Marketplace or CraigsList. What may seem like an attempt to verify your identity during a sale may actually make you a target for scammers. Image provided by the Federal Trade Commission FTC information on the Google Voice scam Here’s how it works… Scammers reach out to you and say they want to make sure you are who you say you are, so they send… Source link

Text size Peloton Bike+ Courtesy of Peloton Peloton… Source link

Some reassuring words on record-setting markets into the New Year from JPMorgan strategists.  “In particular, outside of the Big 10 stocks in the U.S., equity drawdowns and multiple de-rating have been severe. Russell 3000 was down only -4% and Nasdaq Composite -7% from 12-month highs, however, the average drawdown for constituents in these indices was -28% and -38%, respectively. Some argue this price action is a harbinger of late-cycle dynamics or at least an intra-cycle 10-20% market… Source link

Current Toyota drivers might not be thrilled about having to subscribe just to remotely start from their key fobs, but what about new buyers? There’s mixed news. The automaker told Roadshow in a statement that remote starting won’t be available on key fobs for new vehicles. You’ll have to use the brand’s mobile app, in other words. With that said, you might not mind the cost. You may not ever have to pay for the feature. While it was previously clear 2018 to 2020 vehicles were limited to a… Source link

Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert Vanden Wijngaert | Bloomberg | Getty Images Google has told its employees that they will lose pay — and will eventually be fired… Source link

The chief executives of six major cryptocurrency companies made their Washington debut on Wednesday, broadly embracing regulation amid explosive growth in digital currencies — even as they pushed back against the idea that old securities laws will work in the emerging space. Testifying before the House Financial Services Committee for nearly five hours, executives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar Development Foundation fielded questions from lawmakers on understanding… Source link

Three ex-Google employees claim that Google has a contractual obligation to abide by its well-known “don’t be evil” policy, and they are suing the company for allegedly terminating them for calling out Google’s “evil” doings, via NPR. “Don’t be evil” has been a part of Google’s Code of Conduct since the early 2000s The former workers Sophie Waldman, Rebecca Rivers, and Paul Duke were fired — in addition to a fourth employee, Laurence Berland — in November 2019 for… Source link

Google employees fill Harry Bridges Plaza in front of the Ferry Building during a walkout Thursday, Nov. 1, 2018, in San Francisco. Eric Risberg/AP hide caption toggle caption … Source link