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Items tagged with: economy



New Report: Latest Data Shows Real Wages Rising Again

Detail: Median weekly wages rose substantially faster than inflation (4.2% v. 2.6%) between 3rd quarter of 2023 and 3rd quarter of 2024. This is the 8th straight quarterly report showing year-over-year real wage gains.

#Economy #Wages #Election2024 #USPol #USPolitics


hi, i'm daniel. i'm a 15-year-old with some programming experience and i do a little bug hunting in my free time. here's the insane story of how I found a single bug that affected over half of all Fortune 500 companies:

https://gist.github.com/hackermondev/68ec8ed145fcee49d2f5e2b9d2cf2e52

#Software #bug #backdoor #fail #economy #fail #news #zendesk #cybersecurity #security


The #Heat #Crisis Is a #Housing Crisis


"Humble told me that we talk about how sharply smoking increases lung cancer risks, up to 3,000 percent according to #government statistics. But, he added, “being #homeless increases your chance of dying from heat in Phoenix by 50,000 percent.”


Source: https://www.nytimes.com/2024/06/25/climate/the-heat-crisis-is-a-housing-crisis.html

#health #humanrights #politics #environment #earth #emissions #climate #economy #fail #justice #news


#Microsoft tells #customers it lost log data for key #security products


Source: https://www.businessinsider.com/microsoft-tells-customers-it-lost-log-data-key-security-products-2024-10

Between September 2 and September 19, "a bug in one of Microsoft's internal monitoring agents resulted in a malfunction in some of the agents when uploading log data to our internal logging platform," Microsoft wrote in the #customer notification.

There's no evidence of cyberattacks stemming from this incident.


#cloud #fail #cybersecurity #news #service #problem #wndows #software #economy


‘Off the charts’: How #Trump #tariffs would shock US & world economies

If implemented, Trump’s #tariff plans would lead to higher #costs, #StockMarket volatility & feuds w/the rest of the world.

Trump is campaigning on the most significant increase in tariffs in close to a century, preparing an attack on the #international #trade order that would likely raise #prices, hurt the stock market & spark economic feuds w/much of the world.

#economy #USpol #HarrisWalz2024
https://www.washingtonpost.com/business/2024/10/16/trump-tariffs-impact-economy/


"Former president Donald Trump is campaigning on the most significant increase in tariffs in close to a century, preparing an attack on the international trade order that is likely to raise prices, hurt the stock market and spark economic feuds with much of the world."
https://www.washingtonpost.com/business/2024/10/16/trump-tariffs-impact-economy/

#Trump #Tariffs #Inflation #Economy #Economics #Business #Trade #GOP #Republicans #Politics #USPol #News #USNews #USA


Here’s some food for thought: Grocery prices in the U.S. are the lowest in the world even with inflation.

And by the way, despite the run-up in food prices, there’s little evidence of the price gouging.
https://theconversation.com/if-you-think-grocery-prices-take-a-big-bite-out-of-your-paycheck-in-the-us-check-out-the-rest-of-the-world-240779
#inflation #economy


Revenue effects of #Denuvo digital rights management on #PC video #games


Source: https://www.sciencedirect.com/science/article/abs/pii/S1875952124002532

• Denuvo #DRM protects total revenue from piracy by a mean of 15% and a median of 20%.
• #Piracy causes mean total revenue to decrease by 20% when Denuvo is cracked quickly.
• Piracy causes zero mean total revenue loss when Denuvo survives for 12 weeks or more.
• The characteristics of a #game cannot explain its likelihood of being cracked.


First of all DRM is not digital rights management, it is digital restrictions management for the #gamer. Often DRM is making performance and installing problems.
It's important to know that DRM must be payed but makes a game #experience worse. DRM costs #money, #energy, #performance, patches and #support but without any positive effect for the consumer.

The question now is: are these costs higher or lower 20% of lost consumer licenses?


#capitalism #profit #entertainment #news #copy #economy #Problem #study #finance #copyright


ICYMI: Latest report on consumer prices showed inflation falling to lowest level in 3 years.

Today, inflation (2.4%) and unemployment (4.1%) are much lower than when Reagan bragged about delivering Morning in America in Sept. 1984 reelect ad (4.3% inflation, 7.3% unemployment).

#Economy #Comeback #Harris #KamalaHarris #Election2024 #USPol #USPolitics


Hackers take control of #robot vacuums in multiple cities, yell racial slurs


Source: https://www.abc.net.au/news/2024-10-11/robot-vacuum-yells-racial-slurs-at-family-after-being-hacked/104445408

The PIN code system protecting the robot's video feed — and remote control feature — was also known to be faulty, and the warning sound that is meant to play when the #camera is being watched was able to be disabled from afar.

These #security issues could explain how attackers took control of multiple robots in separate locations, and how they could've silently surveilled their victims once they'd gotten in.


#cybersecurity #news #hack #hacker #privacy #surveillance #Software #vulnerability #Problem #fail #economy #technology


LG Smart TVs, including OLEDs, now show screensaver ads


Source: https://www.flatpanelshd.com/news.php?id=1727255253

Do you remember the dystopia of #Bladerunner? You were bombarded by neon #advertising everywhere in a gloomy city. Apparently, this is exactly what the #digital #economy dreams of. Consumers who can no longer save themselves from advertising. Who voluntarily buys such devices?


#tv #business #ad #entertainment #consum #buy #Problem #news #Hardware #future #capitalism


The U.S. inflation rate dropped to 2.4% in September, marking the fourth straight month below 3%, and bringing the Fed closer to its 2% target. Here’s what that means for interest rates and the job market.
https://theconversation.com/us-inflation-rate-fell-to-2-4-in-september-heres-what-that-means-for-interest-rates-and-markets-240872
#news #inflation #economy


Why “AI” projects #fail


Source: https://tante.cc/2024/09/03/why-ai-projects-fail/

It’s not that those tools save time or whatever, it’s that they are “a way to start integrating #AI”. It’s fully decoupled from what it can actually meaningfully do and is turned into a totem


#news #technology #economy #problem


Elon #Musk makes his first appearance at a #Trump #rally and casts the #election in dire terms


Source: https://apnews.com/article/elon-musk-donald-trump-rally-butler-election-f718967ec29431a2b9858b1121e70da1

Before a large crowd Saturday, Musk sought to portray Trump as a champion of free speech, arguing that Democrats want “to take away your #freedom of speech, they want to take away your right to bear arms, they want to take away your right to vote, effectively.” Musk went on to criticize a California effort to ban voter ID requirements.


#usa #news #fake #conspiracy #vote #president #politics #freespeech #maga #democracy #economy #capitalism


#Boeing swindled by two #Apulian companies. "Safety of #787 #Dreamliner at risk."


Source: https://www.lastampa.it/cronaca/2024/10/05/news/boeing_737_puglia_dreamliner_componenti-14691041/

The companies are accused of having supplied substandard components for the 787 Dreamliner.

#justice #italy #quality #economy #flight #plane #Boeing787 #crime #danger #news


The Great American Comeback with Biden-Harris:

• 16.2 million jobs added
• Stock market hitting record highs
• Strongest post-pandemic GDP growth in world
• Much lower unemployment & inflation than Reagan in 1984
• Employment for prime-working-age Americans at a 23-year high

#Economy #Election2024 #Harris #Trump


The two sides have agreed to a 62% 😳


Source: https://www.npr.org/2024/10/03/nx-s1-5139450/dockworkers-port-strike-deal

How blatantly must you have exploited your workers to make such wage increases possible?

#exploitation #wages #wage #job #work #labour #Problem #politics #economy #humanrights #fail #usa #news


Who owns your shiny new #Pixel 9 #phone? You can’t say no to #Google’s #surveillance


Source: https://cybernews.com/security/google-pixel-9-phone-beams-data-and-awaits-commands/

Every 15 minutes, #GooglePixel 9 Pro XL sends a data packet to Google. The device shares #location, email address, phone number, #network status, and other #telemetry. Even more concerning, the phone periodically attempts to download and run new code, potentially opening up #security risks...


Don't be a data cow 🐮 on Google's server farm 👎


#tracking #fail #bigbrother #orwell #economy #online #Problem #news #Smartphone #android #bigdata #datacow


#Employers added 254,000 #jobs in Sept, reflecting a much stronger than expected #labor gains as #election nears.

The #unemployment rate ticked down to 4.1%, acc/to jobs data released Fri by the Labor Dept.

The last 6 months of steady job growth is enough to keep the labor market firmly OUT of #recession territory, economists say, especially as #GDP #growth remains hardy & #consumers continue to spend.

#Bidenomics #policy #finance #economy #VoteBlue #HarrisWalz2024
https://www.washingtonpost.com/business/2024/10/04/september-jobs-unemployment-labor-market/


JOBS REPORT: Another blockbuster report with Biden-Harris

• +254K jobs; unemployment down to 4.1%
• The Biden-Harris economy has added 16.2 million jobs
• 36 straight months of unemployment rate at or below 4.5%
• Employment for prime-working-age Americans at a 23-year high

#Economy #Jobs #USPol #USPolitics #Election2024 #Harris


Epic Systems makes the dominant electronic #health record (EHR) system in America


Source: https://pluralistic.net/2024/10/02/upcoded-to-death/#thanks-obama

Epic can automatically recode "diabetes with no complications" from a Hierarchical Condition Category code 19 (worth $894.40) as "diabetes with kidney failure," code 18 and 136, which gooses the reimbursement to $1273.60.


#crime #corruption #Problem #fraud #usa #costs #news #Software #economy #ehr


#HaroldDaggett — has worked at the #ILA for 57 years & took the helm as president in 2011 — raked in $728,000 in compensation last year from the ILA.

He collected another $173,000 as president emeritus of a local union branch, acc/to labor department filings.

He lives in a 7,136 square-foot house valued at $1.7 million on a 10-acre lot in Sparta, New Jersey, acc/to Zillow & NJ Property Records.

#Longshoremen #union #MAGA #scam #MafiaState #economy #VoteBlue #HarrisWalz2024


Images of the President of the #ILA’s meeting w/ #Trump circulated on socialmedia as the #union went on strike Tues.
The images are pulled from a July post on the union's website where union President #HaroldDaggett asked for members to "pray" for Trump in the wake of the assassination attempt in PA.
In the post Daggett recalled a 2023 meeting w/ Trump where the fmr president appeared to express support for the #Longshoremen.
#MafiaState #economy #VoteBlue #HarrisWalz2024
https://www.usatoday.com/story/news/politics/elections/2024/10/01/harold-daggett-trump-photo-longshoremens-union/75474233007/


“We’re going to show these greedy bastards you can’t survive without us!” Daggett shouted to cheers from the crowd in a speech filled w/profanities & warnings about the threats automation poses to workers.

[listen, if he actually were doing this for the #workers, fine. But he’s not. He just wants the country to blame #Biden & #Harris for a downturn in the economy so #Trump gets elected]

#Longshoremen #union #scam #economy #strongarm #MafiaState #VoteBlue #HarrisWalz2024
https://www.wsj.com/articles/harold-daggett-ila-port-strike-leader-3fad74f7


From the WSJ:

The Profane 78-Year-Old Leading the #Dockworkers Strike

‘They won’t be able to do anything in this country without my people,’ port #union chief #HaroldDaggett says in setting *audacious targets* in a coastwide #strike

Harold Daggett stood in front of the closed gates at the Port of New York & New Jersey just after midnight Tues & delivered a battle cry to hundreds of members of his #union that represents #portworkers from Maine to Texas.

#Longshoremen #economy #HarrisWalz2024


The head of the #longshoremen #union is a #Trump supporter who wants to cripple the country to get Trump elected.

This is #ILA head #HaroldDaggett, strong trump supporter, who already said he would cripple the economy: “I will cripple you.”

The first October surprise from Trump. The port workers strike will try to paint President Biden as anti-union. Trump & Daggett are friends, the same age & were both from Queens, New York.

#scam #economy #strongarm #MafiaState #VoteBlue #HarrisWalz2024


#HaroldDaggett, the #union boss behind port #strikes makes over $900K a year, owns a yacht, drives a Bentley — & has alleged ties to the Mafia.

#Longshoremen #union #MAGA #scam #MafiaState #economy #VoteBlue #HarrisWalz2024


This #AI #Startup "Copied" an #OpenSource Project and Got Half a Million #Dollar #Funding by Y Combinator


source: https://news.itsfoss.com/pearai-controversy/

It could be harsh to say that it was just CTRL+C → CTRL+V. However, even, when you are forking a project, and copying something, doing it better really matters. And, I don't think they have fared well here.


enter image description here

#news #technology #software #fork #foss #floss #money #finance #startup #economy #fail #problem #omg #wtf


15 #cybercrime statistics you ought to know


source: https://www.independent.co.uk/advisor/vpn/cybercrime-statistics

It’s a battle for individuals and smaller companies just as much as it is for big organisations; as the digital space is expanding and as #AI is impacting our everyday lives, hackers are getting more inventive every day. And, if you’re not convinced that cybercrime is going to be an issue in your life, the statistics below will change your mind.


With the security quality of our software, the internet is only running because it is more profitable for cybercriminals to keep the internet running for ramsonware attacks.

#security #cybersecurity #digital #internet #ransomware #future #economy #news #technology #software #problem #finance #money #costs #crime


#KamalaHarris’s recent remarks on the #economy have focused on aiding the ambitions of young #families, first-time #homeowners & #SmallBusiness owners. Today, Harris is expanding that vision, to people who are struggling to make ends meet.

“I am a #capitalist,” #Harris said, directly countering #Trump’s BS attack #lies that she is a left-wing socialist.

#OpportunityEconomy #economy #KamalaHarris #VoteBlue #HarrisWalz2024


“I want you to be able to build some #wealth, not just for yourself, but also for your children & your grandchildren, #IntergenerationalWealth.”

“I will engage in what #FranklinRoosevelt called bold, persistent experimentation, because I believe we shouldn’t be constrained by ideology, & instead, should seek practical solutions to problems, realistic assessments of what is working…, applying metrics to our analysis, applying facts to our analysis…

- #KamalaHarris

#economy #HarrisWalz2024


#KamalaHarris noted that the #FederalReserve lowered interest rates last week, saying that the move would “make it just a little easier for #families to buy a home or a car or just pay down a credit card.”

#Harris started the speech by acknowledging that the cost of living is too high, but saying those costs rose well before the pandemic. before #Biden & she took office.

#OpportunityEconomy #economy #KamalaHarris #VoteBlue #HarrisWalz2024


The #Harris campaign distributed a ~80-pg white paper called "A New Way Forward for the #MiddleClass," on #economic #policy, to the VIPs & reporters. There are 13 chapters, including “Cut Taxes for #WorkingPeople” & “Invest in #SmallBusinesses That Drive #Growth #Innovation & #Jobs.”

#OpportunityEconomy #economy #KamalaHarris #VoteBlue #HarrisWalz2024