Bank of England keeps rates steady despite slower inflation

The Bank of England kept interest rates on Thursday at their highest level since 2008 even as inflation in Britain slowed to 2 percent in May, an important milestone. Policymakers kept rates at 5.25 percent, where they have been for 10 months. Officials said high rates were working and cooling the labor market, reducing price … Read more

Service restored on Amtrak, NJ Transit after previous suspension

Amtrak, NJ Transit service restored after earlier suspension – ABC News New Jersey Transit resumed service of its trains to Penn Station after also having to suspend afternoon service due to the Amtrak issue. 1 of 2: Rail service to and from Penn Station New York has resumed and is subject to delays of up … Read more

McDonald’s $5 meal intensifies fast food price war

(Bloomberg) — The U.S. chief of McDonald’s ( MCD ) Corp . says the company is ready for a fight. Most Read by Bloomberg And to win, the burger chain is pulling out one of the most powerful weapons in its arsenal: the value meal. It’s all part of an effort to lure penny-pinching customers … Read more

CDK cyberattack shuts down auto dealerships across the U.S. Here’s what you need to know.

What to do if you believe your personal data has been hacked What to do if you believe your personal data has been hacked 03:12 CDK Global, a company that provides auto dealers across the US with sales management software and other services, has been hacked, causing the company to temporarily shut down most of … Read more

FTC sues Adobe to make it harder to cancel subscriptions.

If you tilted your ears in a certain direction on Monday, you could detect a huge cheer from the creative class across social media platforms and various Discord servers. That’s because the Federal Trade Commission sued software company Adobe and two of its executives for “deceiving consumers” by all but coercing them “into one-year subscriptions … Read more

USA bans Kaspersky software | WIRED

Russian cybersecurity software firm Kaspersky’s days of operating in the United States are now officially numbered. The Biden administration said Thursday it is barring the company from selling its products to new US-based customers starting July 20, with the company allowed to provide software updates to existing customers until September 29. The ban is the … Read more