Americans are on track to spend more online this holiday season than ever before. According to Adobe Insights, Americans spent $6.59 billion on Cyber Monday.
The increase in online traffice means cyber attackers are going to be even more active. So how can you protect your data and your wallet while scouring the web for deals?
Tech reporter Jared Lindzon shares some of the best ways to protect yourself this holiday season. Starting off, make sure you are changing your passwords regularly. He also adds that you shouldn't reuse passwords for different websites. A hacker's first instinct is to try a password they already know works on other sites.
Lindzon also gives a few examples of common online scams during the holidays. He highlights phishing scams as the most likely way a hacker will try and get your information.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
