Author: Press Room

India’s government is planning to create a state fact-checking unit with the power to order social media platforms to take down content about its activities that it deems “fake or misleading.” In an amendment to rules covering digital and social media published Thursday, the Ministry of Electronics and Information Technology said that the fact-checking would apply to information about “any business of the central government” on social media platforms. The Editors Guild of India, a nonprofit organization representing more than 200 journalists, said in a statement on Friday that it was “deeply disturbed” by the new rules, saying they had…

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Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain.In a Thursday blog post, Solana Foundation tech lead Jon Wong said the “state compression” technology would bring down the cost of minting 1 million non-fungible tokens (NFTs) on the network to around 4 SOL, or $110. In comparison, it currently costs roughly 1,200 SOL (more than $24,000) to store 1 million NFTs on the Solana blockchain. “After numerous phases of development, adoption, and rollout, compressed NFTs are live on Solana’s mainnet-beta and powering the next wave of novel on-chain product experiences,” Wong said.He called…

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All eyes will be on the March jobs report when it comes out Friday morning amid signs the once rock solid labor market is finally beginning to crack in the face of higher interest rates.   The Labor Department’s high-stakes payroll report is projected to show that hiring increased by 239,000 last month and that the unemployment rate held steady at 3.6%, according to a median estimate by Refinitiv economists.That would mark a drop from the 311,000 gain in February and would be the weakest monthly job growth since December 2020. While monthly jobs data is always important, the Federal…

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Household bills cost Americans an average of $29,459 per year or roughly 42% of the average take-home income, a recent report said.  Overall, U.S. households spent $3.87 trillion on household bills in 2022, according to doxo’s most recent U.S Bill Pay Market Size & Category Breakout Report. Housing accounted for the most significant spending, but utility bills, auto loans and auto insurance were also considerable costs.High inflation and rising costs have meant Americans spend more on everything from food to fuel. In January, the Consumer Price Index (CPI), a measure of inflation, rose 6.4% year-over-year – still above the Federal Reserve’s 2% target.  “With…

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Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between March 24 and…

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You filed your taxes and your refund is in your hands. So, what do you plan to do with the extra cash? Save it? Invest it? Buy that new laptop you’ve been wanting? Go on a tropical getaway?  While all these are popular things Americans do with their refund money, it isn’t the smartest thing to splurge and spend all the money on things that probably aren’t going to benefit you in the future.  TAX REFUNDS: EVERYTHING YOU NEED TO KNOW Here are some ways to use your tax refund to benefit you in the long term. Invest in yourselfUse your tax refund…

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