Stock futures opened slightly higher Wednesday evening as traders looked ahead to a key print on consumer price changes, which will help elucidate the path forward for monetary policymakers during the recovery coming out of the pandemic.  Contracts on the S&P 500 rose slightly. During the regular session, the index came within 1 point of its recent all-time high, but ultimately failed to set a new record. Dow and Nasdaq futures were also higher in the after-hours session.  Shares of GameStop… Source link

Russian President Vladimir Putin has been a constant challenge for every American president since Bill Clinton — and now it’s Joe Biden’s turn. The upcoming summit between the U.S. and Russian leaders represents a major diplomatic test for Biden’s administration at a time when antagonism between Washington and Moscow is at its worst in decades. Yahoo News National Security Correspondent Zach Dorfman previews what to expect. Source link

Reuters Warren: U.S. government needs to confront crypto threats ‘head on’ U.S. Senator Elizabeth Warren on Wednesday called on U.S. policymakers to directly tackle issues presented by the growing use of cryptocurrency, while saying a Federal Reserve-backed digital currency shows “great promise.” Democrat Warren, a prominent Wall Street critic and consumer advocate, said cryptocurrency’s promise of boosting everyday Americans has failed to materialize, and instead the government must act to… Source link

With Americans rushing to travel now that the end to the coronavirus pandemic is coming into view, flights are packed, ticket prices have soared, airports are bustling and tempers are flaring. Laura Ramirez is relieved to be home in New York after what she calls a “nightmarish experience” traveling by plane from Miami this past weekend. “I was supposed to get back on Sunday morning, and American Airlines at the Miami Airport is a mess,” Ramirez, a reporter at Yahoo News, said. “They… Source link

Google Photos has announced a significant change that brings several new features to the iOS version of the app. Google Photos brings powerful new features to the iOS app. GOOGLE MORE FROM FORBESGoogle Accidentally Reveals New Google Pixel Smartphone UpgradeBy Paul Monckton Previously available only for Android devices, the latest update to the Google Photos photo and video editor is now finally making its way to iOS. The update, revealed in a new official Google Photos… Source link

In this article we discuss the 10 biggest Bitcoin predictions in 2021. If you want to skip our detailed analysis of these predictions, go directly to the 5 Biggest Bitcoin Predictions in 2021. Bitcoin, the most popular cryptocurrency, has fallen by close to half in value from a peak of around $64,000 since April, resulting in social media speculation around crypto-related stocks in general and the future of blockchain technology in particular. Some of these concerns have come amid a renewed… Source link

The furniture and home decor business boomed in 2020 as people stuck at home spruced up their spaces, or relocated to new spaces entirely. The continuing strength in housing means the growth can continue, says the CEO of Overstock.com.  “First, we have a workforce trend with people moving to different places in the country. That’s good for the furniture industry,” Jonathan Johnson told Yahoo Finance Live.  The COVID-19 pandemic sparked a Great American Migration: More than 7 million… Source link

Google is going after the health sector in a major way, but Google’s health vice president said he’s feeling more pressure to bringits health products to Google-sized scale than to bring immediate revenue to the company. David Feinberg, who joined Google in a newly-created role as VP of health two years ago, said several times Wednesday that he feels pressure to bring products to scale but that revenue isn’t a part of most of his discussions with Google higher-ups. “The real pressure is ‘is… Source link

GameStop (GME) reported fiscal first-quarter results that reflected improved sales and narrowing losses, even as many investors continue to fixate on the company’s “meme stock” clout over business performance. The company also announced two Amazon veterans would be joining the company as chief executive officer and chief financial officer. Shares traded 5% lower during the after hours session before paring some losses. Here were the main results from GameStop’s report compared to consensus… Source link

The move to remote work at the onset of the pandemic last year happened virtually overnight, with shelter-in-place orders forcing office workers to abandon the spaces where they spent most of their waking hours as if driven off by a nuclear meltdown. So people spent the next weeks and months reorganizing their lives and homes, carving offices out of bedroom corners and slipping in and out of home schooling sessions for kids between calls, with former commute hours now devoted to myriad other… Source link