ThemusicalG

Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed likely would've cut rates this year if not for those tariff worries.Powell participated in a panel discussion about monetary policy at the European Central Bank Forum in Portugal with the leaders of other prominent central banks, including the European […]

One of the thorniest points emerging in President Donald Trump's massive tax and spending bill is the state and local tax deduction, also known as SALT. In the "big beautiful bill," there is a provision that will temporarily lift the SALT deduction from $10,000 to $40,000 for households with an income of $500,000 a year.The SALT deduction was capped at $10,000 during Trump’s first term by the Tax Cuts and Jobs Act of […]

The notorious cybercriminal group dubbed "Scattered Spider" is now targeting the airline sector, the Federal Bureau of Investigation (FBI) warned.The FBI posted on X that the group relies on "social engineering techniques, often impersonating employees or contractors to deceive IT help desks into granting access" and frequently involves methods to bypass multifactor authentication (MFA), such as convincing help desk services to add unauthorized MFA devices to compromised accounts. "They target large […]