White House Partners With Amazon, Google, Best Buy on Cybersecurity Labeling Push
The White House on Tuesday along with companies such as Amazon.com Inc, Alphabet's Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to
PNC Financial GAAP EPS of $3.36 Beats By $0.08, Revenue of $5.29B Misses By $160M
PNC Financial: Q2 GAAP EPS of $3.36 beats by $0.08.Revenue of $5.29B misses by $160M.Increased capital; strong credit quality; 4Q23 SCB requirement of 2.5%Net interest margin of 2.79% decreased 5 basis points as higher yields on interest-earning assets were more than offset by increased funding costs.Provision for credit losses of $146 million in the second quarter reflected portfolio activity and changes in macroeconomic variables. The first quarter of 2023 included a provision for credit loss
For economists and Federal Reserve officials hoping to see a gradual cooling of the labor market, March jobs data, released on Friday, offered a lot to like: Employment growth in the month was slower but steady, with 236,000 jobs added. Unemployment ticked down slightly, wage growth moderated, and nearly half a million people who had been sitting on the sidelines decided to come back to work.
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