Author: News Room

The FBI is warning consumers against using public phone charging stations in order to avoid exposing their devices to malicious software. Public USB stations like the kind found at malls and airports are being used by bad actors to spread malware and monitoring software, according to a tweet last week from the FBI’s Denver branch. The agency did not provide any specific examples. “Carry your own charger and USB cord and use an electrical outlet instead,” the agency advised in the tweet. While public charging stations are attractive to many when devices are running critically low on battery, security experts…

There are plenty of reasons to attend an Ivy League institution if you’re one of the lucky students to be admitted. The eight famed colleges consistently earn top honors on various rankings, based on factors like academics and career outcomes. Attending an Ivy may also help you earn a high salary. The University of Pennsylvania in particular reports the highest median incomes among former attendees who received federal aid. Data shows 10 years after starting at Penn, federal aid recipients earn a median salary of $103,246 annually.Plus, Forbes’s 2022 list of the 400 richest people in America featured 17 Penn graduates…

Former President Donald Trump sued his onetime personal lawyer and fixer Michael Cohen on Wednesday, seeking at least $500 million for alleged breaches of contract and “unjust enrichment.”The civil suit, filed in federal court in Miami, accused Cohen of “spreading falsehoods” about Trump, violating his attorney-client relationship and breaching a confidentiality agreement he had signed with the Trump Organization.The allegations against Cohen, whose once-close relationship with Trump imploded in 2018, come as the disbarred lawyer has become a key witness against the former president in a criminal case in Manhattan.Trump, the first ex-president to face criminal charges, pleaded not guilty…

Inflation moderated again in March thanks to a decline in energy costs, but other prices soared higher last month, continuing to squeeze Americans’ pocketbooks. The Labor Department said Wednesday that the Consumer Price Index, a broad measure of the price for everyday goods that includes gasoline, groceries and rents, rose 0.1% in March from the previous month, down from 0.4% in February. Prices climbed 5% on an annual basis, down sharply from February’s 6% increase and the smallest rise in nearly two years.Other parts of the report pointed to a slower retreat for inflation, a worrisome sign for the Federal…

This is a case that really happened as I report it. A 93 year old grandma played all kinds of sweepstakes and got mailings from them regularly. She loved the excitement of entering contests. She got a letter from one of them, informing her that she had won a huge cash prize. Shortly after, she got a phone call congratulating her on her win. She was so excited. She called her son and reported that she was going to get a million dollars! All she had to do was go to the bank with the lawyer for the sweepstakes company…

In this article I use AAII’s A+ Investor Stock Grades to provide insight into three agricultural equipment stocks positioned for success in 2023. With continued recovery from the coronavirus pandemic increasing consumer demand and severe weather impacting the supply of key agricultural goods, should you consider these three agricultural equipment stocks of AGCO AGCO , Deere and Titan International TWI ? Agriculture Recent News The powered agriculture equipment market encompasses a wide array of products such as tractors, combine harvesters, planters, sprayers and other equipment performing tilling, haymaking and baling functions. The growth of the powered agriculture equipment market has…

Topline The Federal Reserve now projects the nation’s economy to fall into a “mild recession” by year’s end, according to minutes from the Fed’s Open Markets Committee meeting March 21-22 as the central bank navigated through an unexpected crisis in the country’s banking sector. Key Facts Banking turmoil led central bank officials to downgrade their economic forecasts, according to the notes released Wednesday afternoon. Though all FOMC members ultimately voted in favor of a 25 basis-point increase to the federal funds rate, several officials considered backing a pause to the hikes in the wake of the string of bank failures.…

Topline Annual inflation fell for a ninth-straight month in March—temporarily easing concerns about the future of the Federal Reserve’s tightening campaign as some experts worry that uncertainty over recent bank failures and a potential recession may complicate the path of inflation. Key Facts Consumer prices rose 5% on an annual basis, according to data released by the Labor Department on Wednesday, marking the smallest year-over-year increase since May 2021 and coming in better than economists expected after a 6% spike in February. Rent prices were “by far” the biggest contributor to overall inflation, more than offsetting a decline in energy…

A look at the day ahead in U.S. and global markets from Mike Dolan As another crucial U.S. inflation reading keeps markets in thrall, major stocks continue to hold the line despite mounting investor negativity. While bulls and bears battle it out as always, U.S. equity market resilience may even reflect how much of the fast money has already positioned the other way. The Federal Reserve’s interest rate stance hinges on incoming data such as Wednesday’s consumer price report, but fears of recession remain just that. Despite warnings about financial sector disturbance and a plethora of ‘ifs and ‘buts’, the…

© Reuters. FILE PHOTO: Juul brand vape cartridges are pictured for sale at a shop in Atlanta, Georgia, U.S., September 26, 2019. REUTERS/Elijah Nouvelage/File Photo By Brendan Pierson NEW YORK (Reuters) -E-cigarette maker Juul Labs Inc agreed on Wednesday to pay $462 million over eight years to settle claims by six U.S. states including New York and California, along with the District of Columbia, that it unlawfully marketed its addictive products to minors. The deal, which also included Colorado, Illinois, Massachusetts and New Mexico, means that San Francisco-based Juul has now settled with 45 states for more than $1 billion.…