News 

This is why a self-regulated Google is better for business and for the consumer

“I’m sure there were plenty of cheers for Warren’s position, but a self-regulated Google is better for business and consumers” writes Jay Friedman for businessinsider.com. Google’s big advantage is the ability to amass data from such a wide range of products – Google Search, Google Maps, Android, Nest, Google Home, and many more.Here are four ways I believe Google can self-regulate their business that will ultimately provide a better benefit to businesses and consumers alike than if the government stepped in.YouTube is better when it can be enjoyed by consumers…

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News 

Foreign brands escape China’s glare at annual consumer day gala

“Known as “315”, in reference to global consumer rights day on March 15, the show this year did not put any household names under the spotlight” writes Midwest Communications Inc for 95kqds.com. Beijing has pledged to improve its protection of consumer rights and the country’s market regulator on Thursday said it received more than 3.7 million complaints and recovered 3.1 billion yuan in damages for consumers in 2018. Source: 95kqds.com

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News 

FPL wants to launch consumer solar power program

“Florida Power & Light on Wednesday asked state regulators to approve a major new solar-energy program in which customers could voluntarily pay a charge each month and receive credits for savings produced by the program” writes News Service Of for sun-sentinel.com. The filing said FPL projects long-term savings of $139 million because the increased use of solar would allow it to avoid costs related to natural-gas or other types of power plants. “The company has developed FPL SolarTogether as a cost-effective opportunity for customers to directly support the expansion of…

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News 

inflation increased by 0.17% in February

“The Labor Department said on Tuesday its Consumer Price Index increased 0.2 percent, lifted by gains in the costs of food, gasoline and rents” writes unknown author for cnbc.com. The core CPI had increased by 2.2 percent for three consecutive months on an annual basis.U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years. Source: cnbc.com

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AUD News 

Australian data is a risk for the AUD

“This data release often passes by with not much of a ripple, but interest in AUD related data is heightened since the RBA switched to a neutral bias (from hawkish) and data has deteriorated” reports forexlive.com. If the monthly consumer confidence follows the direction of the weekly consumer sentiment data (the ANZ/Roy Morgan survey) the risk to the AUD is further downside. Source: forexlive.com

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News 

Drug-price-comparison site GoodRx has quietly started listing startups that prescribe and ship pills alongside CVS and Walmart

“Displayed alongside retail pharmacy prices, GoodRx users might see “mail order” options” writes Lydia Ramsey for businessinsider.com. Three years ago, it started reaching out to some of the startups that are prescribing medications online to see if they could work together.In 2018, Amazon acquired online pharmacy PillPack, cementing itself in the market.GoodRx, one of the oldest websites that lets people compare prices for prescription drugs, is adding in online upstarts to its list of prices.GoodRx CEO Doug Hirsch told Business Insider that the reason it added online options is to…

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News 

Treasury yields come off session highs after retail sales

“The 10-year Treasury note yield TMUBMUSD10Y, +0.31% picked up 1.6 basis points to 2.643%, after coming off a session high of 2.659%” writes Sunny Oh for marketwatch.com. The 2-year note yield TMUBMUSD02Y, +0.49% was also up 1.6 basis points to 2.479%.The 30-year bond yield TMUBMUSD30Y, +0.47% added 2.2 basis points to 3.033%, Tradeweb data show.Meanwhile, the German 10-year government bond yield TMBMKDE-10Y, +1.69% remains at 0.066%.Retail sales for January, delayed due to the government shutdown, showed an 0.2% increase, slightly higher than the 0.1% growth expected from economists polled by…

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News 

Can Banks Safely Monetize Consumer Data?

“The first step to successful data monetization, Koch explained, is to have a successful data strategy” reports pymnts.com. Yet, it is a way, Koch emphasized, to set the innovative and creative data monetization strategies without fear of data compromise.An “internal” data monetization strategy involves “using your own data to create new products or revenue streams with existing customers,” Koch said.To drive home the fact that “data is not the boogeyman if you craft monetization strategies correctly,” Koch said.Data monetization can be complex (though probably not as complex as most people…

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