Yearly Archives: 2021

Google, YouTube to prohibit ads and monetization on climate denial content

Google and YouTube on Thursday announced a new policy that prohibits climate deniers from being able to monetize their content on its platforms via ads or creator payments. Why it matters: It’s one of the most aggressive measures any major tech platform has taken to combat climate change misinformation. Details: Google advertisers and publishers, as well as YouTube creators, will be prohibited from making ad revenue off content that contradicts “well-established scientific consensus around… Source link

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Why the recent market decline was likely just a shakeout before a major rally

The recent market decline has many people wondering if this is the start of a bigger correction, or just a shakeout before a fourth quarter rally. I’m leaning towards the latter for the following reasons: seasonality, the Fed, technicals, and sentiment. Seasonality is a short-term negative, but a positive into year-end. From approximately mid-September until mid-October, factors such as index rebalancing and end-of-the-quarter portfolio adjustments can lead to seasonal weakness. These… Source link

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Why these old auto stocks are on fire

Shares of two of the oldest automakers around have run over the S&P 500 in the past month as each unveiled detailed plans to take on electric vehicle king Tesla (TSLA).  Over the last month, shares of Ford (F) and General Motors (GM) have each gained about 15.5%, according to Yahoo Finance Plus data. The S&P 500 has returned a more pedestrian 4.5% as investors fret about the debt ceiling, inflation, climbing 10-year yields and a legion of other headline risks.  Ford’s stock has trounced GM… Source link

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GOP senator rejects Jamie Dimon’s call to end debt limit

Sen. Mike Braun (R., Ind.) told Yahoo Finance that JPMorgan Chase CEO Jamie Dimon is “condoning a broken system” by suggesting eliminating the debt ceiling. Dimon told President Biden on Wednesday that he thinks the U.S. should “get rid” of the debt ceiling, arguing “we don’t need to have this kind of brinksmanship every couple of years.” “Jamie wouldn’t say that for his own business,” said Braun. “His board of directors would get rid of him.”  Senate leaders came to an agreement on Thursday… Source link

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The price of Red Bull, other energy drinks may be about to skyrocket

Ingesting 300 milligrams of caffeine before 6:00 a.m. in one shot may be about to get much costlier.  And you could blame inflation in aluminum, and energy drink leader Red Bull.  “A price increase would be preferable, and meaningfully favorable for trading in Monster shares, but we believe Monster remains committed to following Red Bull (we ascribe a slightly greater than 50/50 likelihood that Red Bull takes price, with an announcement needed before year-end),” said Stifel analyst Mark… Source link

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Nearly 80% of US workers are concerned about their mental health as burnout skyrockets: survey

More than a year and a half into the pandemic, the mental health of workers nationwide is deteriorating at an alarming rate. Nearly 80% of workers are worried about their mental health, and those concerns are nearly double that of physical health, according to a recent Conference Board survey of 1,800 U.S. workers. “In April, we were much more optimistic that there would be a return to the new normal or the next normal. I think we’ve found that that’s not really happening and it has had an… Source link

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‘The end of physical currency, cash, is certainly drawing near’: Economist

Physical currency and hard cash may soon be a thing of the past, Eswar Prasad, Cornell University economics professor and author of “The Future of Money” told Yahoo Finance Live. “The end of physical currency, cash, is certainly drawing near, and cryptocurrencies, including bitcoin (BTC-USD), have certainly paved the way for that revolution,” Prasad said. The digitalization of transactions has been well underway for the past few decades, but serious discussions regarding a fully-digital… Source link

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Yahoo & Tubi team for new tools to streamline CTV ad buying

Global media and tech company Yahoo today announced it is expanding its partnership with FOX Entertainment’s ad-supported video-on-demand (AVOD) platform Tubi. Under the new deal, media planners and buyers using Yahoo’s demand-side platform (DSP) will gain access to Tubi’s entire streaming content library. The move aims to help connected TV (CTV) advertisers improve efficiency in the buying process. As connected television viewership soars, so too… Source link

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