Tag Archives: slowed

WASHINGTON — Google said in an internal document that it had successfully “slowed down” European privacy rules in collaboration with other tech companies, according to a legal filing released on Friday. Ahead of a 2019 meeting with other major tech companies, Google said in a memo that it had “been successful in slowing down and delaying” the European Union’s ePrivacy Regulation process and had been “working behind the scenes hand in hand with the other companies,” according… Source link

August marked the seventh straight month of gains for the S&P 500 (^GSPC) as investors ignored softening U.S. economic data at the hands of the COVID Delta variant.  But investors may be wise to stop ignoring the data, and position for a September rife with market volatility, says the team at Goldman Sachs.  “General mobility statistics have weakened, full-service restaurant indicators have softened, travel intentions appear to have faded and retail traffic declines (off of 2019 levels) have… Source link

WASHINGTON, Aug 11 (Reuters) – U.S. consumer price increases slowed in July but inflation overall remained historically high amid continued supply-chain disruptions and stronger demand for travel-related services as economic activity rebounded.    The consumer price index increased 0.5% last month after climbing 0.9% in June, the Labor Department said on Wednesday.    In the 12 months through July, the CPI advanced 5.4%. Excluding the volatile food and energy components, the CPI rose… Source link