(Bloomberg) — After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday — growth and inflation are moving higher. The message wreaked havoc across risk assets. Benchmark 10-year Treasury yields catapulted to the highest in more than a year at over 1.6% and traders yanked forward their opinion of how soon the Federal Reserve will be forced to tighten policy. Equities tumbled, as higher borrowing costs put pressure on soaring valuations. Even Treasury Secretary… Source link

The NBA closes out the work week with nine games on the schedule. Players resting and injuries will once again have a significant impact in DFS. As you work your way through the options, here are some players to consider targeting, as well as a few to possibly avoid. GUARDS De’Aaron Fox, SAC at DET ($36): It’s been an ugly stretch for the Kings, who have lost nine straight games. It hasn’t been Fox’s fault considering he averaged 22 points, 3.0 rebounds, 9.4 assists and 1.3 steals during that… Source link

(Bloomberg) — When Google users browse in “Incognito” mode, just how hidden is their activity?The Alphabet Inc. unit says activating the stealth mode in Chrome, or “private browsing” in other browsers, means the company won’t “remember your activity.” But a judge with a history of taking Silicon Valley giants to task about their data collection raised doubts Thursday about whether Google is being as forthright as it needs to be about the personal information it’s collecting… Source link

DUBLIN, IRELAND – NOVEMBER 5: In this handout image provided by Sportsfile, Taking part in The … [+] Guardian Sessions: Who Decides the Right to be Forgotten is Peter Barron, Google, on the library stage. Day 2 of the 2014 Web Summit in the RDS, Dublin, Ireland. (Photo by Diarmuid Greene/Sportsfile via Getty Images) Getty Images Amid an expansion into Europe, Stripe is hiring Peter Barron to serve as its head of communications. First reported by The… Source link

Cristian Cardona, an employee at a McDonald’s, attends a rally for a $15 an hour minimum wage Tuesday, Feb. 16, 2021, in Orlando, Fla. (AP Photo/John Raoux) Elizabeth MacDonough, the Senate parliamentarian, ruled on Thursday that the Senate cannot use the budget reconciliation process to pass a minimum wage increase. The decision is a blow to Democrats who have been pushing to raise the federal minimum wage to $15 an hour in the next coronavirus relief package. Democratic lawmakers are using… Source link

Bloomberg In a Flash, U.S. Yields Hit 1.6%, Wreaking Havoc Across Markets (Bloomberg) — After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday — growth and inflation are moving higher. The message wreaked havoc across risk assets.Benchmark 10-year Treasury yields catapulted to the highest in more than a year at over 1.6% and traders yanked forward their opinion of how soon the Federal Reserve will be forced to tighten policy. Equities tumbled, as higher… Source link

Will it ever be possible for Google to create an index of audio content that users can search through like web pages? Results of early testing, which Google published in a blog article, indicates audio search is harder to accomplish than it might sound. Details of these tests are shared in an article penned by Tim Olson, SVP of digital strategic partnerships at KQED. Google is partnering with KQED in a joint effort to make audio more findable. With the help of KUNGFU.AI, an AI services provider,… Source link

The remaining Spurs schedule will likely keep fans busy — and stressed. Yahoo Sports is calling the Spurs march to play 40 games in 68 days the “hardest” schedule, alongside that of the Memphis Grizzlies. The plan to complete pandemic-stricken season was released Wednesday. In it, the Spurs will play 11 back-to-backs with no more than a day of rest between matchups. RELATED: Spurs legend Tim Duncan announces extension of Black Restaurant Week San Antonio … Source link

(Bloomberg) — Salesforce.com Inc. reported sales increased 20% in the fiscal fourth quarter, the same year-over-year gains as in the previous period, disappointing investors who were looking for growth to accelerate. Shares dropped about 4% in extended trading. Still, the company gave a revenue forecast for the current period that exceeded analysts’ estimates, suggesting customers have begun spending more on its software after slowdowns fueled by the pandemic. Sales were $5.82 billion in… Source link

Former U.S Olympics women’s gymnastics head coach John Geddert died by suicide Thursday. Geddert, 63, died hours after he was charged with 24 crimes, including sexual assault, racketeering and human trafficking. Michigan Attorney General Dana Nessel confirmed Geddert’s death and said, “This is a tragic end to a tragic story for everyone involved.” Geddert was expected to turn himself in at the Eaton County Sheriff’s Department at 2:15 p.m. Eastern, but did not show up, according to the Detroit… Source link