For more business and finance explainers, check out our Yahoo U page. Everyone is using the t-word in describing the high inflation of the COVID-19 recovery period: transitory. Politicians are using it, academics are debating it, and companies are referencing it. The term has been most heavily used by the Federal Reserve, the economic steward that has tried to reassure Americans that the rapid pace of price increases will moderate in time. The question is: How long will it take? “The t-word, I… Source link

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/File Photo MILAN, Nov 8 (Reuters) – Italy’s antitrust regulator has started proceedings to fine Google (GOOGL.O) for allegedly restrictive clauses in the terms of service consumers have to accept to use Google Drive. In a filing, the antitrust said the proceedings had to be wrapped up within 120 days. Google was not immediately available for a comment. Reporting by Stephen Jewkes Our Standards: The… Source link

The Pixel 6 and Pixel 6 Pro Andrew Hoyle/CNET … Source link

Stocks on Monday extended a record-setting streak of gains on Wall Street, opening at new highs as traders looked ahead to a slew of new inflation data and earnings results in the coming days. At the opening bell, the Dow, S&P 500 Index and Nasdaq all notched fresh highs, carried by last week’s momentum when all three major indexes jumped to their best levels ever. Optimism over a batch of strong corporate profit reports, a better-than-anticipated October jobs report and a Federal Reserve… Source link

In the negotiations over the Democrats’ social spending package, the fate of the State and Local Tax (SALT) cap has been one of the hardest to pin down. At some stages, the issue hasn’t been addressed at all. Other times, a full repeal has seemed to be on the table. What this controversial tax provision does is let certain taxpayers deduct their aggregated state and local taxes when it comes time to do their federal tax return. In 2017, Republicans capped the previously limitless deduction… Source link

Google girds for battle against its employees over military contracts—again | Fortune … Source link

. Dayo Johnson Akure Two persons have been crushed to death by a suspected ‘Yahoo boy’ at Ademulegun road in Ondo town, Ondo state. Four other persons were injured in the auto crash. The Toyota vehicle driven by the suspects last weekend was set ablaze by youths in the town after he fled the scene. It was gathered that the crash reportedly occurred at about 6:30 pm and it involved a Toyota Muscle car driven by a suspected Yahoo boy and a Tricycle. The suspect was driving along with… Source link

SVG On Demand: How Yahoo! Sports Leverages Gaming Content to Redefine the Sports Experience … Source link

Advanced Micro Devices (AMD) is about to enter the metaverse. The chip giant said its EPYC chips were selected by Meta (formerly known as Facebook) to help power its data centers at its virtual Accelerated Data Center Premiere event Monday. AMD explained the two companies worked together to develop a high-performance, power-efficient processor based on the company’s 3rd Generation EPYC processor. “Adding Meta is certainly a very significant piece,” AMD CEO Dr. Lisa Su said on Yahoo Finance… Source link

One of the country’s most famous companies is expanding in Oregon, and one city is carrying the water, legally speaking. That town sued to prevent the public from knowing key details about the company’s plans. On the latest episode of Beat Check with The Oregonian, Mike Rogoway talked about Google’s plans along the Columbia River and why The Dalles is suing the Oregonian. We discussed data centers in general and what they mean to our economy, what other companies are doing and what… Source link