Almanac and Shore Forecast Headline Summary
The Almanac cites air quality concerns with a generic index and PA DEP notes. Forecasts for I-84 New York border area and Jersey Shore predict variable clouds, passing showers today, then a warmer weekend, with north to northwest winds and temperatures around 53.
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Westerday
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Apple to Report Fiscal Q2 Results Amid Soft Revenue Outlook
Apple Inc faces lower expected earnings and revenue for the January March quarter after a rare revenue drop in the prior quarter due to China factory shutdowns. In employment news the Labor Department reports weekly unemployment claims. initial claims near 240 thousand with four week average about 236 thousand signaling solid but softening labor demand.
MENTIONED IN THIS ARTICLE
Apple
Wall Street
China
Labor Department
U S trade gap widens to 70.5 billion in February
The Commerce Department reports February's trade deficit at 70.5 billion, the widest in four months, with economists predicting a 63.2 billion gap in March. A larger deficit weighs on growth. The note includes stock and dividend footnotes.
MENTIONED IN THIS ARTICLE
Commerce Department
U.S
FTC says Facebook misled parents over kids data privacy
The FTC accuses Meta of failing to protect children using Messenger Kids and misrepresenting access given to app developers to private user data. It proposes sweeping changes to 2020 privacy orders, restricting data use for under-18s and tightening face recognition while adding protections. Meta calls the move a political stunt and vows to fight.
MENTIONED IN THIS ARTICLE
Facebook
Messenger
Federal Trade Commision
Meta
FTC
Samuel Levine
Bureau of Consumer Protection
Congress
TikTok
Menlo Park
California
Messenger Kids
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