Category: Concerns
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Tesla data helped police after Las Vegas truck explosion, but experts have wider privacy concerns
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Breadcrumb links PMN PMN works Article writer: Associated Press Bernard Condon Published on January 04, 2025 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content NEW YORK (AP) — Your car is spying on you.…
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SoFi shares fall after KBW downgrade on valuation concerns
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(Reuters) – Shares of personal finance app SoFi Technologies fell as much as 7% on Thursday, after analysts at KBW downgraded the stock to “underperform” on concerns about its lofty valuation and ambitious financial goals. SoFi stock last traded at $14.68 and is headed toward a fourth straight session of…
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Bank of England casts doubt on ‘Britcoin’ launch amid privacy and cost concerns
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Plans for a “digital pound” in the UK have hit a snag as Bank of England officials grow increasingly skeptical about the project, raising doubts that any form of a “British currency” will be introduced before the end of the decade. The bank and government were due to decide in…
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Boxing Day splurge forecast at £4.6bn despite cost-of-living concerns
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Britons are expected to spend a total of £4.6bn in Christmas sales this year, with the average shopper expected to spend £236, according to new research by Barclays. Although this figure is marginally lower than in 2023, when £4.7bn was spent, it still indicates a strong appetite for deals despite…
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Tariff and tech bubble concerns threaten volatile 2025
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Breadcrumb Trail Links Investor Investors could get caught in a tug of war between valuations and momentum, whether to stay home or look abroad Published Dec 25, 2024 • Last updated 14 hours ago • 8 minute read You can save this article by registering for free here. Or sign-in if…
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Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died
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Breadcrumb links PMN BMN Business Article writer: Associated Press Matt O’Brien Posted on December 21, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Sushir Balaji poses for a photo in Hawaii in 2018. Balaji was…
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Oil falls on demand growth concerns, robust dollar
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Written by Ghislaine Lehr SINGAPORE (Reuters) – Oil prices fell on Friday on concerns about demand growth in 2025, especially in China, the largest importer of crude, putting global oil standards on track to end the week down about three percent. Brent crude futures fell 33 cents, or 0.45 percent,…
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Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns
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Trump’s former Secretary of State Mike Pompeo supports Nippon Steel’s $14.9 billion takeover of the US steel company over national security concerns. President-elect Donald TrumpFormer US Secretary of State Mike Pompeo He threw his support behind him Nippon Steel Company(OTC:NPSCY) (OTC:NISTF) proposed a $14.9 billion acquisition United States Steel Corporation…
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Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns
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This article is also available in Spanish. Investors have expressed concerns about the recent volatility in Bitcoin prices, especially in light of analysts’ expectations of a 20-25% decline in the global M2 money supply. Related reading At $92,864, Bitcoin is down about 9% from its recent high of just under…
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Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns
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This article is also available in Spanish. Investors have expressed concerns about the recent volatility in Bitcoin prices, especially in light of analysts’ expectations of a 20-25% decline in the global M2 money supply. Related reading At $92,864, Bitcoin is down about 9% from its recent high of just under…
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Stocks might ‘go nowhere’ for the rest of this year amid Fed uncertainty and US debt concerns, market vet says
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Bloomberg Creative/Getty, Drew Angerer/Getty, Tyler Lu/PI Ed Yardeni says the S&P 500 may remain flat for the rest of the year. The market expert believes there will be no further Fed rate cuts until 2025 as the economy remains strong. He added that US government debt will also continue to…
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Worldcoin Rejection At $2.1 Sparks Concerns Of Prolonged Downtrend
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This article is also available in Spanish. WorldcoinThe coin’s recent failure to break the $2.15 resistance level has put the symbol under renewed downward pressure, leaving investors wondering if a longer-term downtrend might be unfolding. The $2.15 mark has become a major battleground, with sellers pushing prices lower every time…
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Consumer confidence dips ahead of Labour’s first Budget as concerns over tax rises grow
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UK consumer confidence fell in October, as pessimism about the upcoming Budget outweighed optimism caused by lower inflation, according to the latest GfK Consumer Confidence Index. The index fell by one point to -21, recording its lowest reading since March, and highlighting the challenges the Labor government faces in boosting…
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Shekel weakens sharply on Iran escalation concerns
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Perico: There is no change in our assessment, as the possibility of the shekel’s value rising is still limited, and the dollar may once again test the level of 3.8 shekels to the dollar. The shekel is weakening sharply today against the US dollar and the euro. This afternoon, the…
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Capital Gains Tax concerns loom over UK tech sector ahead of Autumn Budget
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The UK tech industry is on edge as speculation grows about potential changes to capital gains tax (CGT) in the upcoming Autumn Budget. Leading audit and advisory firm Blick Rothenberg has expressed concerns that such changes could have a detrimental impact on the fintech ecosystem, a key driver of the…
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eBay to ban private e-bike sales over fire safety concerns
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eBay is set to ban the sale of e-bikes and their batteries by individuals in the UK from October 31, citing growing concerns about battery fires. As of this date, only “qualified business sellers” will be allowed to list these items, though the company has not yet clarified the exact…
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GM seeks to ease investor concerns as EV growth slows By Reuters
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Written by Nora Eckert DETROIT (Reuters) – General Motors (NYSE:) will seek to allay shareholder concerns on Tuesday that declining demand for electric vehicles and an expected peak in demand for gasoline-powered trucks will create a tough road ahead for the automaker. CEO Mary Barra and her executive team will…
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Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns By Reuters
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Written by Akash Sriram and Abhiroob Roy (Reuters) – A Tesla (NASDAQ:) self-driving car carrying a passenger from Uber (NYSE:) collided with an SUV at an intersection on the outskirts of Las Vegas in April, an accident that raised new concerns that there is a growing instability from the companies.…