The ongoing inflation spike proves that the economic recovery is either gaining strength or flying off the rails, depending on whom you ask.  BlackRock (BLK) CEO Larry Fink on Wednesday warned that investors are in for a “big shock” as prices rise. That ominous prediction came days after President Joe Biden said “we all benefit” from the uptick in U.S. wages that some consider a key driver of rising inflation.  In a new interview, billionaire Todd Boehly — co-founder and CEO of holding… Source link

The 2021 French Open continues Friday with a major upset on the women’s side. Follow along below for the latest upsets and surprises. Anastasia Pavlyuchenkova stuns Aryna Sabalenka to move to fourth round The top-seeded women’s player at the 2021 French Open fell in the third round. Belarusian Aryna Sabalenka — the world’s No. 3 — was upset by Russian Anastasia Pavlyuchenkova — ranked No. 31— in the third round of the tournament.  Pavlyuchenkova battled back against Sabalenka to take… Source link

Oddsmakers think Denver is facing a tough road against the Phoenix Suns without Jamal Murray.  The two teams are set to meet in the second round of the Western Conference playoffs after Denver closed out Portland in six games on the road Thursday night and Phoenix followed suit hours later with a Game 6 win on the road over the Los Angeles Lakers.  Phoenix — the No. 2 seed — is the favorite to win the series at -225 according to BetMGM. No. 3 seed Denver is +180.  Both teams got massive… Source link

Sundar Pichai, Alphabet CEO David Paul Morris | Bloomberg | Getty Images Google is moving parts of its popular YouTube video service from the advertising company’s internal data center infrastructure to the company’s cloud service, the head of Google’s cloud said. The effort indicates Google is looking inward as it seeks to expand its share of the growing cloud-computing market and become less reliant on advertisements appearing on its web search engine and other properties. Historically, Google… Source link

Apple’s (AAPL) annual WWDC, or Worldwide Developers Conference, kicks off on Monday, and while it won’t be the usual in-person extravaganza, the company is still expected to announce a slew of major updates to everything from the software powering your iPhone and iPad to, possibly, a new MacBook or two. Here’s everything Apple could debut at the all-virtual show. Apple’s iOS 15 and iPadOS 15 The biggest news from WWDC always includes changes to Apple’s most important operating system:… Source link

PHOTO: PixieMe Google Marketing Livestream 2021 featured marketing innovations in lead generation, audience insights, search image ads, customer data privacy and in-app content on YouTube and digital video. “Overall, a lot of these changes are in line with Google’s shift toward improved on-page experiences,” said Salman Aslam, head of marketing at MuchNeeded.  “I’m most interested in how the Google Analytics and reporting updates will play out. The extended modeling should, as… Source link

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. Importantly, Castor Maritime Inc. (NASDAQ:CTRM) does carry debt. But the real question is whether this debt is making the company risky. When Is Debt Dangerous? Generally speaking, debt only becomes a real problem when a company can’t easily pay it off, either by raising… Source link

It was an odd, unanswerable question. Still, it was on the mind of at least one Google user in India. What is the country’s “ugliest” language? For anyone who typed the question into the platform’s search bar recently, its algorithm produced a fact box confident of the answer: a tongue called Kannada, spoken by tens of millions of people in India’s south. Informed of that result, many of them weren’t happy. Several politicians in the state of Karnataka, where most Kannada speakers… Source link

It was an odd, unanswerable question. Still, it was on the mind of at least one Google user in India. What is the country’s “ugliest” language? For anyone who typed the question into the platform’s search bar recently, its algorithm produced a fact box confident of the answer: a tongue called Kannada, spoken by tens of millions of people in India’s south. Informed of that result, many of them weren’t happy. Several politicians in the state of Karnataka, where most Kannada speakers… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, June 4, 2021 Is the labor market loose or tight? Friday’s jobs report is a big one.  After April’s disappointing hiring data and some hotter-than-expected inflation data, price pressures and labor competition are the dominant economic stories as we enter an expected summer boom.  And the biggest question investors and economists hope to… Source link