(Bloomberg) — Gold extended its slump, and silver tumbled, after a stronger-than-expected U.S. jobs report fueled bets that the Federal Reserve may start paring back its massive monetary stimulus soon. Spot bullion fell more than 4% and silver slumped as much as 7% as the selloff following Friday’s employment figures initially accelerated at the start of Asian trading. Dallas Fed President Robert Kaplan said the central bank should start tapering its asset purchases sooner rather than… Source link

Google is teaming up with Stanford University in an effort to make its workforce more neurodiverse. The technology giant said recently that it is launching a new program aimed at bringing more people with autism into its cloud workforce and supporting them better. With Google Cloud’s Autism Career Program, the company said that it will work with experts from the Stanford Neurodiversity Project — part of the university’s medical school — to train as many as… Source link

Investors have a packed slate of economic data to look forward to this week, with new reports on consumer and producer price inflation set for release. More corporate earnings results will also trickle in.  One of the closely watched economic data points this week will be the U.S. Bureau of Labor Statistics’ consumer price index. This print will reflect the extent of consumer price increases over the past month, with outsized demand during the recovery still exerting upward pressure on… Source link

As businesses emerge from COVID-19 lockdowns, many are facing the challenge of too few workers to accommodate strong demand. And while the labor shortage isn’t new, it’s definitely a sore spot for many that’s growing more acute. And amid a booming jobs market, some economists say the shortage isn’t labor related, but rather wage-driven — an economic third rail that companies big and small have increasingly grabbed in order to address widespread labor shortages.  Yet the strategy of… Source link

Monterey Car Week 2021 promises a return to multimillion dollar deals as auction houses like Mecum roll into town for the iconic Pebble Beach Concours d’Elegance on Aug. 15.  “We’re all very excited to be going back to Monterey after having to take off last year, 2020, because of the pandemic and missing car week,” Mecum Auctions CEO Dave Magers told Yahoo Finance Live. Mecum Auctions is one of the world’s largest collector car auction companies and will have 600 vehicles crossing the auction… Source link

Google unveiled the Pixel 6 last week, and this time it says it’s ready to compete at the flagship level. Actually, it unveiled two new devices, the Pixel 6, and Pixel 6 Pro, because every smartphone line needs at least one device that has the word “pro” in the name. That’s how you know you’re supposed to take it seriously–and, in the case of the Pixel 6–Google definitely wants you to take it seriously. “We knew we didn’t have what it took to be in the ultra high end,” said Rick Osterloh,… Source link

SHANGHAI, Aug 8 (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Sunday it has suspended several staff following an employee’s allegations on the company’s intranet that she was sexually assaulted by her boss and a client. The woman’s account, published via an eleven-page PDF that went on to circulate widely online, prompted a social media storm on China’s Twitter-like microblogging website Weibo. Police in the city of Jinan said on Sunday morning that they were… Source link

Google plans another campus in Silicon Valley which will include a new center for some of its hardware products, CNBC reported. Google has been buying up land in northern San Jose, California, spending more than $389 million on what preliminary plans show will include a research and development center, according to CNBC. The campus, which it calls Midpoint, will be located between Google’s current Mountain View headquarters and its mixed-use campus in San Jose. Midpoint will have five… Source link

Free agent wing Kelly Oubre Jr. and the Charlotte Hornets agreed to a two-year, $25 million deal, agent Torrel Harris of Unique Sports International Management told Yahoo Sports. In a free agent landscape in which cap space is drying up, Oubre Jr. is securing one of the few remaining deal structures that is above the midlevel exception of $9.5 million. Oubre Jr., 25, will be in prime position for major payday at the conclusion of this deal as he’ll only be in his late 20s. Free agent wing… Source link

A volunteer receives an injection from a medical worker during the country’s first human clinical trial for a potential vaccine against the novel coronavirus, at Baragwanath Hospital in Soweto, South Africa, June 24, 2020. Siphiwe Sibeko/Reuters A Florida family of an unvaccinated man will hold a vaccine and testing site at his funeral. Marquis Davis wanted to get the vaccine after he was hospitalized but it was too late, his wife told WFTV. The family, along with their church, will offer the… Source link