Markets celebrate better-than-expected inflation report but brace for economic updates from the Fed

Markets rose Wednesday as traders focus on three key pieces of economic news, including a better-than-expected inflation report, an announcement from the Federal Reserve about its rate moves, and fresh economic projections from the central bank.

Wednesday’s CPI showed that consumer prices rose 3.3% on an annualized basis, less than the 3.4% expected.

It’s the first time since July 2022 that CPI...  more
Live updates: Markets celebrate better-than-expected inflation report but brace for economic updates from the Fed | CNN Business
Wednesday’s CPI inflation reading showed that the pace of price hikes slowed more than expected last month. The Federal Reserve is set to release...
Winnipeg man caught in scam after AI told him fake Facebook customer support number was legitimate

'You absolutely should not trust AI. It is a very powerful tool that makes mistakes': computer science prof

https://www.cbc.ca/news/canada/manitoba/facebook-customer-support-scam-1.7219581
Winnipeg man caught in scam after AI told him fake Facebook customer support number was legitimate | CBC News
A Winnipeg man who says he was scammed out of hundreds of dollars when he called what he thought was a Facebook customer support hotline wants to...