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Pound US dollar exchange rate: GBP/USD sinks on Bank of England division

The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...

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Google, Facebook Considering Banning ‘Micro-Targeted’ Political Ads

Google and Facebook are considering banning so-called “micro-targeted” political ads, for fear that they may “damage democratic norms,” The Guardian reports. How “Targeted Advertising” Works It’s the bane of internet users everywhere (or at least, it’s a minor inconvenience), and the practice has raised fears of invasion of privacy and violations of users’ data security: targeted advertising. You’ve undoubtedly experienced ...

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Pound US dollar exchange rate: GBP/USD sinks on Bank of England division

The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...

Read More »