Europe Considers Stricter Privacy Regulations, Days After GDPR Takes Effect
A new data privacy battle is brewing in Europe. The EU is considering stricter data privacy rules called the (ePrivacy Regulation){https://www.pcmag.com/commentary/361348/the-obvious-consequences-of-gdpr) just days after the (General Data Protection Regulation (GDPR) went into effect.)[https://www.pcmag.com/news/361431/is-your-router-vulnerable-to-vpnfilter-malware]
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.