As the Fed starts its interest rate cut cycle, many dynamic factors historically come into play. Rate cuts tend to stimulate consumer spending and construction activity since borrowing costs get cheaper.
Pinterest (PINS) stock has remained under intense pressure this year as investors remained concerned about its business trajectory and its slowing user growth. It has retreated by 12% this year as America's stock indices like the NASDAQ 100 and S&P 500 surged to their all-time highs.
When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine's use of tracking ads is the target of the latest complaint from European privacy rights non-profit noyb, which accuses it of breaching the bloc's General Data Protection Regulation (GDPR) by failing to obtain consent from users to being tracked and profile...
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