Hello everyone here are your top headlines from cheddar news
Grinder has reportedly been selling user location data for years.
The Wall Street Journal reporting that information about millions
of users has been for sale since at least 2017
Grinder allegedly stopped selling that data two years ago.
Though historical data still might be available.
The report says the data could reveal
users workplace and even their home addresses.
Meanwhile,
the average rate on a 30 year fixed mortgage
hit 5.55% on monday with mortgage news daily reporting.
That's the highest figure they've seen since 2009.
They're expected to continue to rise in correlation
to rate hikes coming from the Federal Reserve
and the U. S. Central bank is expected to raise rates later this week.
That is a fight to curb soaring inflation.
And the Biden administration is announcing plans to invest
$3 billion dollars in domestic electric vehicle battery manufacturing
Those funds are part of the $550 billion dollar
infrastructure bill that was signed into law last year.
That the grants will go to helping produce key components like lithium,
cobalt and nickel.
And that's your cheddar news update.
I'm baker machado coming to you from cheddar studios in lower Manhattan