Facebook pondered, for a time, selling access to user data

Enlarge / Facebook co-founder, Chairman, and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce Committee hearing in the Hart Senate Office Building on Capitol Hill, April 10, 2018, in Washington, DC. (credit: Chip Somodevilla/Getty Images) A failure to adequately redact a public court document from February 2017 shows that, back in 2012, […]

As the Fed raises rates, Janet Yellen’s legacy is pondered

THIRD time lucky. In each of the past two years, the Federal Reserve has predicted multiple interest-rate rises, only to be thrown off-course by events. On March 15th the central bank raised its benchmark Federal Funds rate for the third time since the financial crisis, to a range of 0.75-1%. This was, if anything, ahead […]

As the Fed raises rates, Janet Yellen’s legacy is pondered

THIRD time lucky. In each of the past two years, the Federal Reserve has predicted multiple interest-rate rises, only to be thrown off-course by events. On March 15th the central bank raised its benchmark Federal Funds rate for the third time since the financial crisis, to a range of 0.75-1%. This was, if anything, ahead […]