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The US hasn’t killed its ‘inflation demon’ as government spending still runs wild, says Morgan Stanley investing VP

By The US government is spending around $5.2 billion each day, according to one Bank of America estimate.AP Photo/J. Scott ApplewhiteThe US hasn’t killed all of the inflationary pressures in the economy, Morgan Stanley’s Jim Lacamp said.The bank’s investing senior VP pointed to the government’s rapid pace of spending.The downtrend in the CPI is likely…

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Flagstaff rental survey shows continued rising costs amid ‘housing crisis’

Rental prices in Flagstaff have increased more than 12% since early 2022. A new report highlights the challenges facing those seeking housing in the city’s notoriously expensive market.According to a survey of Flagstaff apartment complexes by the nonprofit Housing Solutions of Northern Arizona, a two-bedroom unit costs $1,971 a month on average. In order to…

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U.S. Bank fined $36 million for freezing unemployment debit cards during COVID-19 pandemic

The nation’s fifth-largest bank made it extremely difficult for benefit recipients to regain access to frozen accounts, the CFPB found. The nation’s fifth-largest bank made it extremely difficult for benefit recipients to regain access to frozen accounts, the CFPB found. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news….

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Malaysia’s blueprint to block cyber attacks

Malaysia faces a surge in cyber attacks, prompting the need for a national cybersecurity commission. Malaysia has witnessed a surge in high-profile cyber attacks over the past year. From Malaysian insurance companies grappling with global data theft to AirAsia’s encounter with a ransomware attack affecting millions of passengers, and iPay88, a payment gateway system facing…

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Proptech startup HouseEazy raises $1 million from investors as seed funding

HouseEazy, a vertical marketplace for resale homes, on Tuesday said it has raised USD 1 million (over Rs 8 crore) from investors as seed funding led by Antler. [wpts_spin]{Read|See} the {entire|full} article {on|about} real estate tech innovations, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing in Arizona}. We…

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