Wall Street rises in choppy trade as inflation data eyed

U.S. stocks rose modestly in choppy trade on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.S. economy. Stocks received an initial lift after a Labor Department report showed the producer price index rose less than expected in December, but the report failed to sway expectations about the Federal Reserve’s likely path … Continue reading Wall Street rises in choppy trade as inflation data eyed

Parallels can finally run x86 versions of Windows or Linux on Apple Silicon

Virtualization software like Parallels and VMware Fusion give Mac owners the ability to run Windows and Linux on top of macOS, but for Apple Silicon Macs, that support was limited to the Arm-based versions of those operating systems. And while Windows and Linux both support some level of x86-to-Arm app translation that attempts to maintain compatibility with most software, there are still plenty of things … Continue reading Parallels can finally run x86 versions of Windows or Linux on Apple Silicon

Allstate sued for allegedly tracking drivers’ behavior through third-party apps

Texas has sued insurance provider Allstate, alleging that the firm and its data broker subsidiary used data from apps like GasBuddy, Routely, and Life360 to quietly track drivers and adjust or cancel their policies. Allstate and Arity, a “mobility data and analytics” firm founded by Allstate in 2016, collected “trillions of miles worth of location data” from more than 45 million people, then used that … Continue reading Allstate sued for allegedly tracking drivers’ behavior through third-party apps

Boeing jet deliveries in 2024 drop to lowest since pandemic

Deliveries of new Boeing jets bounced back in December after a crippling labor strike that slowed production last fall, but the company’s annual deliveries dropped in 2024 to the lowest level since the COVID-19 pandemic. The company said on Tuesday that it delivered 348 commercial jets last year, down from 528 the previous year. New orders for jets in 2024 dropped to less than half as … Continue reading Boeing jet deliveries in 2024 drop to lowest since pandemic