Day: January 6, 2025

Gold price steady amidst rumors on Trump mulling universal tariffs

Markets are facing a surge in volatility with geopolitical headlines making waves in markets. A Fed interest rate cut in January is mostly out of the cards at the moment. Gold price is stuck in a pennant technical formation as pressure builds for a breakout. submitted by /u/Demblin [link] [comments]

US set for IPO comeback as private equity firms seek to offload holdings.

Investors and bankers have also been encouraged by strong share price gains following recent deals. Shares in 9 of the 10 largest IPOs of 2024 ended the year above their listing price, w/half of them – led by social media group Reddit – recording triple-digit gains. https://preview.redd.it/2hwg37kl7cbe1.png?width=1426&format=png&auto=webp&s=ae4e9f9371b889cac9af1c444c3f42082cd21550 submitted by /u/Pllover12 [link] [comments]

$20 per device to Apple users affected by alleged Siri spying

Who would have thought that the harmless voice assistant Siri not only records our meetings and notes, but also transmits information from phone conversations to advertisers? US residents filed a lawsuit against Apple, claiming that after discussing Air Jordan sneakers or Olive Garden restaurants, they were literally inundated with targeted advertising of these brands on social networks. Apple decided not to argue in court and generously forked out: everyone who complained about the wiretapping offered to be paid a fabulous $20. This is not a joke – this is the amount the corporation estimated the privacy of conversations about sushi and sneakers. A preliminary settlement, filed Dec. 13, 2024 in Oakland, California is now awaiting approval by a U.S. district judge, Reuters reports. This is about all you need to know about the privacy of our data in 2025. submitted by /u/FXgram_ [link] [comments]