Why the dollar’s rise raises questions – and doubts – about a Plaza-style intervention

The historical rise of the US dollar has alarmed investors and policy makers, raising questions, along with skepticism, about a 1985 “Plaza Agreement”-style intervention. The combination of persistent inflation and sluggish growth around the world, as well as the US central bank committed to aggressively raising interest rates, has turned the US currency into the … Read more

How political candidates target you on social media based on your music tastes, shopping habits and favorite TV shows

CNN – Marco Rubio hopes to sway voters interested in Chick-fil-A, Ram Trucks and Duck Dynasty. John Fetterman is looking for fans of microbreweries, Teslas and Dave Matthews Band. And Michael Bennett wants to reach people who love Taylor Swift and Lizzo — while shunning Jason Aldean’s loyal listeners. Candidates in some of the most … Read more

Why is it ‘almost impossible’ to delete something from the internet?

CNN Business – Most people can live their digital lives assuming they can delete their posts, messages, and personal data from the Services whenever they want to. But this week’s technical hearing called this basic assumption into question. Peter “Mudge” Zatko, former head of security at Twitter, He told the Senate Committee on Tuesday that … Read more

Goldman Sachs: Why European Natural Gas May Fall 50%

drawing by Elias Stein font size Here’s a challenge to conventional wisdom, courtesy of Goldman Sachs : Europe has “solved” the winter natural gas crisis, and prices could fall by half in the next six months. The cost of fuel soared, setting records in Europe last month, before Russia shut down the Nord Stream 1 … Read more

Rail strike looms and the economic damage it may cause

New York CNN Business – a freight rail strikeAnd the economic disruption it can cause, is getting closer and closer to reality. While two other rail unions reached tentative agreements with the railroad department on new contracts on Tuesday, the two most important unions — which represent the engineers and conductors who make up the … Read more