Investor hunger for more exchange-traded funds (ETFs) is catching the attention of asset managers now eager to convert their mutual funds. [Read: Yahoo U: What are ETFs?] On Wednesday, JPMorgan Asset Management announced plans to convert about $10 billion in U.S. mutual funds into ETFs, the latest in a trend that could be set to accelerate. The plan will create “active transparent ETF structures” out of four current mutual funds: JPMorgan International Research Enhanced Equity Fund, JPMorgan… Source link

WASHINGTON, DC – AUGUST 12: President Joe Biden delivers remarks on the administrations Build Back Better agenda to lower prescription drug prices in the East Room of the White House complex on Thursday, Aug. 12, 2021 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) If you think Congress has been trying and failing to pass critical infrastructure upgrades for decades on end, you’re not wrong. But suspend your cynicism for a moment. Now that the Senate has passed a… Source link

The Internal Revenue Service sent the second set of monthly Child Tax Credit payments to families of nearly 61 million children — worth $15 billion — this week. But some recipients may face delays, getting their payments in the mail instead of by direct deposit due to a technical glitch. “Today 61 million children across America are benefiting from the advance Child Tax Credit, helping families put food on the table and meet the needs of the next generation,” Deputy Treasury Secretary… Source link

Google is adding air quality data to its Nest Hub smart displays. While the new feature is still only available in “select” US markets, it’ll give some users an idea of how much risk they might face from smoke and pollution in the area. It’ll give some users an idea of how much risk they might face Google says it will roll out the new feature “over the coming weeks.” An Air Quality Index badge will show up on the clock and weather widget on the Nest Hub’s Ambient screen…. Source link

Yahoo Finance’s Brian Cheung breaks down what the JOLTS report is and how it differs from the monthly U.S. jobs report. Video Transcript AKIKO FUJITA: Job openings hit a new record in June, with JOLTS data pointing to 10 million positions now available. But what exactly is JOLTS? And what does it tell us that the jobs report doesn’t? For more on that, let’s bring in Brian Cheung with this week’s “Yahoo U.” Brian. [MUSIC PLAYING] BRIAN CHEUNG: Well, Akiko, class is in session– a little summer… Source link

As the highly transmissible Delta variant spreads, Texas currently accounts for nearly 15% of the country’s COVID-19 hospitalizations. A surge in patients has pushed some hospital systems to their limits, with several quickly running out of ICU beds. “Hospitals across Texas are sounding the alarm in ways we have not seen in the other surges,” Dr. Sara Andrabi, assistant professor of emergency medicine at Baylor College of Medicine, told Yahoo Finance Live. “There are more than 10,000… Source link

Leaders from all walks of life, from politics to business and finance, can experience major setbacks during their tenure. David Novak, co-founder and former CEO of Yum! Brands, Inc. (YUM), is very much aware of this. In an Influencers interview with Yahoo Finance Editor-in-Chief Andy Serwer, Novak discussed the infamous failure of Crystal Pepsi, a product he was behind the development of, as well as how he bounced back as a business leader and the lessons others can learn from his… Source link

For Google’s Nuha Elkhiamy, it’s exciting to see the company’s Austin operations grow into one of Google’s largest hubs. Elkhiamy, who was recently named the site lead for Google’s Austin hub, said Google has received a warm welcome since debuting operations in the city 14 years ago. She said she wants to ensure Google maintains “responsible growth” as it continues to expand in Central Texas.    “At a personal level, it’s a place I call home and in my role in Google I committed to… Source link

By Evan Sully and Lindsay Dunsmuir (Reuters) -U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the economy as Americans gave faltering outlooks on everything from personal finances to inflation and employment, a survey showed on Friday. The unexpected reading could give Federal Reserve policymakers pause if it translates in the months ahead to a dent in economic activity. The central bank has been getting closer to a decision on… Source link

Google’s next-gen Pixel 6 smartphones have been the subject of much speculation, but now one huge upgrade has been confirmed by Google itself. Google’s Pixel 6 and Pixel 6 Pro (pictured) pack massive upgrades over previous models. GOOGLE MORE FROM FORBESGoogle Pixel 6 Radical Upgrade Suddenly ConfirmedBy Paul Monckton Google’s Pixel 6 and Pixel 6 Pro smartphones are likely to deliver a significant upgrade over previous models, including a massively improved camera. Now,… Source link