Philadelphia Federal Reserve President Patrick Harker said Wednesday that he does not expect the Fed to raise interest rates in 2022, despite bond market bets that a rate hike could come next year. “I think we’ve got a ways to go,” Harker told Yahoo Finance in an exclusive interview on Wednesday. The yield on the U.S. 10-year Treasury reached 1.47% as of Wednesday afternoon, almost 50 basis points higher than where the bond traded a month ago. Higher bond yields imply higher longer-term… Source link

Fortnite maker Epic is closer to winning its battle with Apple and Google. CNET … Source link

Oscar Health (OSCR), the startup health insurance company heavily built on its technology capabilities, debuted on the New York Stock Exchange Wednesday at $36 per share, under the IPO price of $39 per share, with a valuation of more than $7 billion. But the fall didn’t blunt the enthusiasm of CEO Mario Schlosser, who joined Yahoo Finance to discuss the decision to go public, as well as how he envisions the company to impact the health insurance industry in coming years. “Ten years from now, I… Source link

Apple has added a service that lets you automatically transfer photos, videos, and albums from your iCloud Photo Library to Google Photos (via MacRumors). The feature has a support document outlining the procedure, which simply entails going to privacy.apple.com, logging in, and going through the “transfer a copy of your data” process. Apple says the transfer will take between three days to a week. Some things won’t transfer: Apple says shared albums, smart albums, photo stream… Source link

By David Randall NEW YORK, March 3 (Reuters) – ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the growth of digital wallets will “gut” traditional banks. Wood, whose $24.4 billion ARK Innovation exchange-traded fund is the largest actively managed ETF tracked by Lipper, said in a webinar her fund remains “opportunistic” despite the recent slide in the S&P 500 as investors have raised concerns over… Source link

Google’s new feature for Android is perfect for distracted users, allowing you to schedule text messages, pictures, and videos in advance. Free Book Preview: Ultimate Guide to Google Ads Get a glimpse of how Google’s marketing resources and strategies can help you grow your business’s digital reach. March 3, 2021 2 min read This article was translated from our

Both state Rep. Andy Vargas, a Democrat who is sponsoring similar legislation in Massachusetts, and Hawaii Democratic state Sen. Stanley Chang said they hoped legislation would help level the playing field between the tech companies and startups and entrepreneurs, who have no choice but to accept Apple’s and Google’s terms. The state legislative fights are the latest manifestation of the long-running gripes that developers such as Spotify have aired to lawmakers and antitrust regulators… Source link

San Jose’s latest revamp of its grand vision for transforming the area surrounding Diridon train station and SAP Center features a massive increase in office space and hotel rooms as the city seeks to expand and revitalize its downtown core. After crafting numerous versions of its Diridon area development plan, the city this week unveiled a slew of proposed updates that sharply enlarge the size of downtown San Jose, as well as allow for much higher building heights and greater… Source link

San Jose’s latest revamp of its grand vision for transforming the area surrounding Diridon train station and SAP Center features a massive increase in office space and hotel rooms as the city seeks to expand and revitalize its downtown core. After crafting numerous versions of its Diridon area development plan, the city this week unveiled a slew of proposed updates that sharply enlarge the size of downtown San Jose, as well as allow for much higher building heights and greater… Source link

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