Tag Archives: insurance

The Bureau of Labor Statistics this week reported that the Consumer Price Index, the most widely used measure of inflation, rose 0.8% in February, up 7.9% over the last twelve months. Just after the BLS’s data, the Brookings Institution gathered a host of experts to explain what the latest CPI …

Facebook Inc. announced better-than-expected results during the third quarter of this year, but revenue and the number of active users failed to meet estimates. The results of the business of the company that owns the social networking site revealed that the net profit amounted to 9.19 billion dollars in the …

Agustín Carstens, general manager for the Bank of International Settlements (BIS) warned of Big Tech’s increasing reach into financial servicesCarstens said that Big Tech needs monitoring as it broadens its scope of services into credit and beyond. He added that Facebook’s Diem, in particular, needs scrutiny.Carstens delivered his remarks as …