These are the headlines you Need 2 Know for Tuesday, February 25, 2020:
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Did Taylor Swift Impact UK Inflation?
Some economists attributed spending increases to Taylor Swift’s tour of the U.K. in a new inflation report.
Rising Inflation Sparks Side Hustle Surge Among Americans
Inflation strains many financially, jeopardizing the American Dream. Can side hustles offer relief?
Senate Review: Amazon Prime Day Causes Warehouse Worker Injuries
A report released by Senator Bernie Sanders says Amazon’s popular Prime Day sales event has been “a major cause of injuries” for warehouse workers.
Microsoft Faces UK Competition Investigation Over AI Startup Hiring
British regulators have opened a preliminary investigation into Microsoft’s hiring of an AI startup’s key staff over AI competition concerns.
Perjury Charges Could Face Man Who Falsely Claimed to Invent Bitcoin
Perjury charges in London could soon face a man who falsely claimed to be the mysterious creator of the bitcoin cryptocurrency.
Retail Sales Steady in June from May, Showing Shoppers’ Resilience
Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience.
Celebrities and Influencers are Getting $2,000 MRI Scans. Should You?
Celebrities and influencers are helping promote high-tech medical scans that companies claim can help catch deadly diseases, including cancer.
Powell says Fed is More Confident Inflation is Slowing
Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target.
Amazon Prime Day Deals Start July 16
July sales events have become a seasonal revenue driver for the retail industry since Amazon launched its first Prime Day in 2015.
