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US official poverty rate was 11.5% in 2022, Census Bureau says

by AIP Online Bureau | Sep 13, 2023 | Data, Eco/Invest/Demography

The income and poverty data released by the Census showed how deeply the country’s recent economic outcomes were influenced by the COVID-19 health crisis and the government response to it — with a measure of child poverty more than doubling following the...
US judge set to decertify Google Play class action

US judge set to decertify Google Play class action

by AIP Online Bureau | Aug 31, 2023 | International News, Technology

Decision by U.S. District Judge James Donato in San Francisco could significantly reduce damages that Google, a unit of Alphabet, might owe over the distribution of Android mobile applications Consumers claimed they would have paid less for apps and enjoyed expanded...

Burger King must face lawsuit claiming its Whoppers are too small

by AIP Online Bureau | Aug 31, 2023 | International News

U.S. District Judge Roy Altman in Miami said Burger King must defend against a claim that its depiction of Whoppers on in-store menu boards mislead reasonable customers, amounting to a breach of contract A U.S. judge has rejected Burger King’s bid to dismiss a lawsuit...

US Indian national pleads guilty to defrauding telephone providers insurance firms of millions of dollars

by AIP Online Bureau | Aug 31, 2023 | International News

According to documents, from June 2013 through June 2019, Bhavsar was involved in a widespread scheme to defraud cellular telephone providers and insurance companies using the US Postal Service mail system, as well as other third-party mail carriers Washington: An...

ANALYSIS-U.S. growth, a puzzle to policymakers, could pose global risks

by AIP Online Bureau | Aug 27, 2023 | Eco/Invest/Demography, Features, Policy, Risk Management

“If we get to a point where there is a need for … doing more than what’s already priced in, at some point markets might start getting nervous … Then you see a big increase in the risk premia in different asset classes including emerging markets, including...
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