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AM Business Notebook

>>Key Inflation Report Due

(Undated) -- The consumer price index - a key indicator of the state of inflation is due out today. This, as Americans expect high inflation to stick around over the next few years. That's according to the New York Federal Reserve's Survey of consumer expectations. The expectation is that the inflation rate will be up three-percent a year from now. Consumers also anticipate inflation will hover around two-point-seven percent three years from now. Central bank policymakers meanwhile project inflation will fall to two-point-one-percent by 2025.

 

>>Equal Pay Day

(Washington, DC) -- Tuesday marks equal pay day. It's the date that symbolizes how far into the year that women have to work to earn what men earned in the previous year. The Labor Department says women in the U.S. earned about 20 percent less than men on average last year.

 

>>Boeing Whistleblower Found Dead

(Charleston, SC) -- A former Boeing employee who raised concerns about production standards at the company has been found dead. John Barnett worked for Boeing for 32 years, giving evidence recently as part of a whistleblower lawsuit against the company. The coroner in Charleston County, South Carolina says he died Saturday from a "self-inflicted" wound in his truck. Barnett had alleged in the lawsuit that some workers were fitting sub-standard parts to aircrafts on the assembly line, with some removed from scrap bins to avoid delays.

 

>>Airbnb Bans Indoor Security Cameras

(San Francisco, CA) -- Airbnb is banning indoor security cameras from all listings. The short-term rental platform made the announcement Monday. It previously allowed indoor security cameras to be used in common areas placed in visible areas if they were disclosed on the listing page. Airbnb said its goal "was to create new, clear rules that provide our community with greater clarity about what to expect on Airbnb." The move comes after customer complaints and a skit about the issue on "Saturday Night Live." Outdoor security cameras will still be permitted.

 

>>Musk: Grok Will Go Open Source This Week

(San Francisco, CA) -- Elon Musk says Grok will go open source this week. The ChatGPT rival from Musk's artificial intelligence start-up, xAI, is available to X users who pay a 16-dollar-per-month subscription. xAI released Grok last year.

 

>>Bitcoin Hits Record High

(Undated) -- Bitcoin hit a record high to kick off the week. The cryptocurrency hit over 72-thousand dollars on Monday, just days after passing the previous high of 69-thousand, set in 2021. The record continues a steady climb back up for Bitcoin, which has gone up over 50-percent in the past two months.

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