buy facebook likes
Published On: Thu, Jan 16th, 2020

Trump Goes After Bloomberg: Starting March 1, BLS Will Ban Lockup Computers, Hitting HFT Revenues

Trump Goes After Bloomberg: Starting March 1, BLS Will Ban Lockup Computers, Hitting HFT Revenues

As first reported on Tuesday, moments ago the BLS confirmed that starting March 1, the Trump admin will ban all electronics including computers from the room where journalists receive early advance access to major economic reports, in an effort to ensure a level playing field, a U.S. official told the same wire services that stand to suffer the most from this major overhaul of how economic data is disseminated.

As discussed on Tuesday, currently, the Labor Department hosts “lockups” for major reports lasting 30 to 60 minutes, where journalists receive the data in a secure room, write stories on computers disconnected from the internet, and transmit them when connections are restored at the release time.

Confirming our speculation that this was a way for the Trump admin to hit Mike Bloomberg and his eponymous organization where it hurts, the U.S. official, speaking on a conference call with journalists, said “the change is being made because several news organizations that participate are able to profit by Read Full Article

Source: Zero Hedge via Feedburner

Best Silver Coin Prices Online

About the Author

TheNewsDoctors

- Breaking World-Wide, Finance, and Natural Health News 24/7.

Leave a comment

You must be Logged in to post comment.

Categories