The Federal Reserve on Wednesday held interest rates at near-zero, but hinted that the U.S. economic recovery is getting closer to a place where it may not need as much monetary support. The Federal Open Market Committee on Wednesday kept its benchmark interest rate in the range of 0% to 0.25%, but provided an update on its December 2020 commitment to purchasing at least $120 billion a month in U.S. Treasuries and agency mortgage-backed securities until the recovery looked like it was making… Source link
Read More »Google is making it easier to find Wear OS apps on the Play Store
As we approach the release of Google and Samsung’s joint smartwatch operating system later this year, Google today outlined some new Play Store improvements that will make it easier for customers to find and download apps to their Wear OS devices. The company is making it faster to search for smartwatch apps on your Android phone and instantly install them. There are new filters that are activated when you include “watch” or “watch face” in your Play Store search query. Based… Source link
Read More »Facebook and Instagram are making you poor, financial adviser says
Facebook and Instagram are making you poor, financial adviser says Keeping up with the Joneses in 2021 is next to impossible when the internet has made us all neighbors, and it’s putting a serious strain on our finances. More than a third of Americans admit social media has influenced their spending habits, according to a survey from Mint last year — even though 64% wonder how their friends can afford all the glamorous trips and cars they’re posting about online. Obviously, competing with… Source link
Read More »House passes bill making Juneteenth a federal holiday, sending it to Biden’s desk for signature into law
In a resounding bipartisan vote, the House of Representatives passed a bill Wednesday making Juneteenth, the day commemorating the official end of slavery in the United States, a federal holiday. The final vote on the Juneteenth National Independence Day Act was 415-14, and the bill now heads to President Biden’s desk for signature into law. “We cannot change the future if we do not recognize the past,” Rep. Joyce Beatty, D-Ohio, chair of the Congressional Black Caucus said on the… Source link
Read More »‘The federal government is making profits off the backs of our students’
As lawmakers and advocacy groups continue to push for $50,000 in student debt cancellation, Senate Majority Leader Chuck Schumer expressed shock over the interest rates that borrowers are being charged by the government. “The federal government is charging our students and those who have student debt 7% interest,” Schumer (D-NY) said during a press conference organized by Student Debt Crisis, an advocacy group. “You know, I’m from Brooklyn, I’d use a curse word before that 7% … can you… Source link
Read More »Canton McKinley coaches fired for making player eat pork
A high school football coach in Ohio was fired Thursday after forcing a player to eat pork as a punishment, according to the New York Times. The incident occurred after a senior on the Canton McKinley High School football team missed an optional practice. On May 24, the 17-year-old player was reportedly forced by coaches to eat an entire pepperoni pizza as punishment. The player is a Hebrew Israelite, and cannot consume pork for religious reasons. The player was reportedly told he had to eat… Source link
Read More »Google is making it harder for Android apps to track you once you’ve opted out
It’s going to get harder for Android apps to track users who’ve opted out of receiving personalized ads, the Financial Times reports, after Google announced changes to how it’ll handle the unique device identifiers that allow marketers to track them between apps. Starting later this year, Google is cutting off access to these “Advertising IDs” after a user opts out, and will show developers a “string of zeros” in its place. The news was announced in an email to Play Store… Source link
Read More »Google is making big design and privacy changes to the world’s most popular operating system
The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link
Read More »IBM’s CEO cautions against making ‘plans’ for a return to work
Bloomberg CDC Eases Mask Rules; NYC Offers Burgers for Shots: Virus Update (Bloomberg) — President Joe Biden’s administration took its biggest step yet toward declaring victory over the coronavirus pandemic — announcing that fully vaccinated Americans can ditch their masks in most settings, even indoors or in large groups. Masks are still required on buses, trains and other forms of public transportation, as well as airports.To drive vaccinations, New York Mayor Bill de Blasio is offering… Source link
Read More »Trade analyzer and tips for making deals
The Conversation Reducing methane is good for climate, health and can pay for itself – yet emissions are still rising fast, a new UN report warns Methane is the world’s second most abundant greenhouse gas. It doesn’t stay in the atmosphere as long as CO2, but it’s many times more potent. Photo by Don Bartletti/Los Angeles Times via Getty ImageMethane, the main ingredient in natural gas, is a larger climate problem than the world anticipates, and cutting its emissions will be crucial to… Source link
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