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Consumer Trust in Spotlight as Patelco Credit Union Grapples with Security Incident

Consumer Trust in Spotlight as Patelco Credit Union Grapples with Security Incident

Patelco Credit Union's recent security breach has disrupted banking services for half a million members, exposing cybersecurity vulnerabilities in financial institutions. What are its implications for consumer protections, regulatory responses, and strategies to maintain trust amid ongoing operational challenges?

Jul 02, 2024 09:43 PM EDT


Emerging Markets Brace for Impact as Supreme Court Ruling Bolsters U.S. Dollar

Emerging Markets Brace for Impact as Supreme Court Ruling Bolsters U.S. Dollar

The U.S. dollar surged following a Supreme Court ruling, prompting emerging markets to brace for economic repercussions. As traders anticipate Trump's potential return, this article explores the implications for global currencies, economic policies, and financial stability in emerging markets.

Jul 02, 2024 09:42 PM EDT


COLA

Social Security Cost-of-Living Adjustment Forecast: 2025 COLA Is Lower But Seniors, Retirees Will Face Inflation

About 50% of American households with someone aged 65 and above depend on Social Security's cost-of-living adjustment (COLA) program for at least half their living expenses. Without it, countless seniors would be languishing in poverty.

Jul 01, 2024 12:56 PM EDT


'Vibecession' Alters Economic Behaviors, Shifts Spending Patterns

'Vibecession' Alters Economic Behaviors, Shifts Spending Patterns

What is vibecession and how does it affect spending patterns?

Jul 01, 2024 12:41 PM EDT


 Traditional Retailers Adapt as Gen Z's TikTok-Driven Shopping Habits Evolve

Traditional Retailers Adapt as Gen Z's TikTok-Driven Shopping Habits Evolve

Traditional retailers adapt to Gen Z's TikTok-driven shopping habits, emphasizing social commerce and influencer marketing.

Jul 01, 2024 10:28 AM EDT


Fourth of July

60% of Americans Plan to Cut Spending on Fourth of July Due to Inflation

Inflation impacts Fourth of July spending as 60% of Americans plan to cut back in 2024. Read more about the survey below.

Jul 01, 2024 10:45 AM EDT


Businesses Strengthen Cyber Defenses, See Significant Drop in Insurance Costs

Businesses Strengthen Cyber Defenses, See Significant Drop in Insurance Costs

How are businesses lowering cyber insurance costs amid increasing ransomware threats? Insights from Howden's latest report reveal the effectiveness of enhanced cybersecurity strategies and market dynamics.

Jul 01, 2024 03:47 AM EDT


Biden, Trump Eager to Discuss Taxes in Debate Showdown

Biden, Trump Eager to Discuss Taxes in Debate Showdown

Biden and Trump eagerly prepare to debate tax policies, highlighting their contrasting visions for America's fiscal future in a high-stakes showdown.

Jun 27, 2024 02:24 PM EDT


Inflation on Food, Goods, Services Hits Urban, Rural Areas Differently

Inflation on Food, Goods, Services Hits Urban, Rural Areas Differently

A new data reveals inflation impacts urban and rural budgets differently, with rising costs for food, goods, and services.

Jun 27, 2024 02:50 PM EDT


Yen's Slide Puts Japan on High Alert, Raising Fears of Global Currency War

Yen's Slide Puts Japan on High Alert, Raising Fears of Global Currency War

Yen's slide raises alarm in Japan, fueling fears of a global currency war and potential economic instability.

Jun 27, 2024 02:21 PM EDT


Rising Home Prices: A Squeeze on Renters

Rising Home Prices: A Squeeze on Renters

The housing market continues to defy expectations. While the pace of growth appears to be moderating slightly, home prices are still reaching record highs.

Jun 26, 2024 06:30 PM EDT


Credit Crunch 2.0? Surging Delinquencies and the Squeeze on Consumer Credit

Credit Crunch 2.0? Surging Delinquencies and the Squeeze on Consumer Credit

Memories of the 2008 financial crisis still linger, and the term "credit crunch" evokes a sense of unease.

Jun 26, 2024 06:00 PM EDT


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