For more business and finance explainers, check out our Yahoo U page. Since 2011, the Federal Reserve has published a chart known as the “dot plot,” which maps out policymakers’ expectations for where interest rates could be headed in the future. The dot plot serves as a guide for financial markets, which tend to dislike policy surprises from the nation’s central bank. But the dot plot also runs the risk of sending the wrong message, since forecasts are often wrong. What is a Federal… Source link

August 28, 2020. Piracicaba, SP, Brazil. Preparations to fly a hot air balloon at sunrise. Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true. Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has… Source link

Forget this year’s punchy headlines pitching Tim Cook against Mark Zuckerberg—it’s arguably now Google as much as Facebook that’s in Apple’s sights. This has serious implications for 1-billion-plus iPhone users as the fight for your data and your loyalty has suddenly intensified. This is the context behind recent updates from Apple and Google. And this is why it’s time to start deleting apps—including Google Maps. While Google continues to play privacy catch-up with Apple,… Source link

Ben Simmons‘ future with the Philadelphia 76ers likely rests on their mutual success in Game 7. If Simmons had performed to the level his résumé might suggest — three straight All-Star selections, two consecutive All-Defensive first-team nods and a third-team All-NBA bid last season — the Sixers would not be in this mess, facing another win-or-go-home game against an inferior team in the second round.  There is no couching that fact. His defense is not the problem. That is a weapon… Source link

On Saturday, Google’s search page featured an homage to Juneteenth with artwork created by Detroit-based artist Rachelle Baker that was centered on Black joy and artistic contributions.  The Doodle art featured an homage to Black artistic contributions by alluding to decorative ironwork, which includes styles that can be found throughout southern architecture and was often forged by enslaved African Americans and unrecognized freedmen. The artwork includes images of parades, music, food and… Source link

Google’s Juneteenth Doodle features images of celebrations past and present. Google In 1865, Union… Source link

Searchers on Friday spent a second day scouring a North Carolina river for a 30-year-old woman and a 7-year-old boy missing since they went over a dam during a family float trip. Three people, including a 14-year-old, were found dead Thursday after nine relatives on inflatable tubes in the Dan River went over the dam around nightfall Wednesday, the Rockingham County Sheriff’s Office said. Four people were rescued, and two others, Teresa Villino, 30, and Isiah Crawford, 7, remained missing, the… Source link

Russia’s online retailer Ozon’s logistics center outside the town of Tver. Ozon is Russia’s pure-play e-commerce stock. KIRILL KUDRYAVTSEV/AFP via Getty Images Text size Vladimir Putin has worked long and hard to foster the impression that he is Russia. Investors believe him. Russian stocks wax and wane with… Source link

Sang Ho Baek appeared in seven games for the Patriots last season, his first at George Mason. He died on Saturday. (Gregory Fisher/Icon Sportswire via Getty Images) George Mason freshman pitcher Sang Ho Baek died on Saturday, the school announced. He was 20. “We are devastated by the passing of Sang,” head coach Bill Brown said in a statement. “Sang was an incredible teammate who was loved by everyone associated with Mason baseball. He will be missed and forever cherished in our hearts. Right… Source link

BERKELEY, Calif. (Reuters) – Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission (SEC). The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on… Source link