Bloomberg China’s Yuan Becomes Latest Victim of Treasury-Led Selloff (Bloomberg) — The Chinese yuan erased all its gains against the dollar this year, the latest to fall prey to the Treasury-led global market selloff.The onshore yuan weakened as much as 0.5%, falling past the 6.5283 per dollar level it closed at last year. At its January peak, it was up 1.6% from 2020 as the economy rebounded and investors poured money into the Chinese bond market.Optimism over a global recovery from the… Source link

In honor of International Women’s History Month, Yahoo was thrilled to invite designer and illustrator, Jade Douglas to reimagine the Yahoo Logo. Inspired by the many unique experiences women face, Jade’s positive take on life helped inform the airy, illustrated nature of the redesigned logo. Coming from a creative home she was always encouraged to pursue her artistic nature and as a woman working in the technology industry, she was particularly inspired by the topic. “Every woman’s… Source link

PITTSBURGH and SUNNYVALE, Calif., March 8, 2021 /PRNewswire/ — The City of Pittsburgh today announced a four-year agreement with Google Cloud to migrate its legacy IT infrastructure to Google Cloud. The agreement allows the city to not only lower its IT costs, but also improve delivery of citizen services and become the region’s leader in cloud-native software development. Under the agreement, The City of Pittsburgh Department of Innovation & Performance will transform and modernize its… Source link

Bloomberg As IMF Talks Bog Down, Argentine Bonds Plunge Toward 30 Cents (Bloomberg) — Six months after Argentina exited default, its new bonds have sunk to a mere 30 cents on the dollar.The depressed price is, in fairness, partly the result of the basic mechanics of the securities — they carry artificially low interest rates and a generous grace period — but it also reflects a grim reality that’s setting in on creditors: The IMF deal that the country desperately needs is a long ways… Source link

(Bloomberg) — Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia. Futures in London earlier surged above $71 a barrel, the highest since January 2020, before later trading below $70. The assault on a storage tank farm at the Ras Tanura terminal on Sunday was intercepted, Saudi Arabia said, and oil output appeared to be unaffected. Oil has rebounded this year amid OPEC+ supply cuts and recovering demand, with economies emerging… Source link

(Photo via Google) Google is offering $25 million in grants to nonprofits addressing economic inequalities faced by women and girls around the world. A fitting announcement for International Women’s Day, the launch is part of Google.org’s latest Impact Challenge. “When women and girls have the resources and opportunities to turn their potential into power, it changes the trajectory of their lives and strengthens entire communities,” Google.org President Jacquelline Fuller wrote in a blog… Source link

Bloomberg Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid (Bloomberg) — Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in… Source link

What’s the Best Practice for Anchor Text? LSI Keywords is Not a Thing Best Anchor Text for Internal Links Google’s Mueller recommended this for internal link anchor text: Best Practice for External Link Anchor Text Best Anchor Text for Inbound Links Does Web Page Provide Context to Internal Links? Citation Google’s John Mueller answered a question about the best anchor text to use for internal, inbound and outbound links. His answer covered a wide range of linking scenarios. What’s the Best… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

Bloomberg Nothing the Stock Market Does Ever Scares Its Retail Daredevils (Bloomberg) — Apple Inc. has slumped 15% since late January. Tesla Inc. has lost more than a quarter-trillion dollars in market value in three weeks. And more than $1.5 trillion has been wiped off the Nasdaq 100 in less than a month.And yet, none of it has been enough to rattle the retail investor.Instead, to borrow a Reddit phrase describing bullish gumption, they’ve had diamond hands. Since the market peaked a few… Source link