The coronavirus pushed some Americans to abandon cash, and a new report was “somewhat surprised” that one demographic remains loyal: Teens. The findings were based on data from Piper Sandler’s fall 2021 “Taking Stock with Teens” survey, a semi-annual survey that was conducted between August 17 and September 16 and compiled responses from 10,000 teens (average age 15.8) across 44 U.S. states. According to Piper Sandler, which titled the chart below as “Cash Is (Still) King For Teens’ Top… Source link

On paper, the Biden administration is keeping in place the tariffs on imports and other protectionist measures Donald Trump imposed on China during his one-term presidency. But Biden is also hinting at deescalating Trump’s trade war and opening the door to better relations with the world’s second-largest economy—if China does its part. The Biden administration has announced a “new approach” toward China that has much in common with the old approach under Trump. Biden will keep in… Source link

Abbott Laboratories (ABT) has an enviable problem: It can’t produce enough rapid at-home COVID-19 antigen tests to keep up with demand. The company had previously warned that there would be a shortage of tests, though they are not the result of the supply chain issues many companies are facing. In a statement, Abbott explained that the company had started to reduce production when demand waned earlier this year. But following the surge of the Delta variant in recent months, which resulted in a… Source link

Facebook’s stock has hung in there amid the latest public controversy on how it operates.  But if you are a Facebook (FB) investor and are getting concerned Zuck & Co. can’t stay teflon forever in the eyes of market goers, there are other ways to play the generally healthy tech space.  “You play this by owning IAS [Integral Ad Science Holding]. They effectively do ad verification. So they ensure when an ad is shown it’s shown in the proper way. These ad insurance stories like IAS will… Source link

Russian internet search engine Yandex has announced that it plans to launch a new version of its smart speaker, the Yandex Min and a new Module set-top box, reports Cnews.ru. Yandex has raised the capacity of its mini smart speaker from 3W to 10W. The set-top box is based on the Yandex TV platform. Source link

At least one voice at the U.S. Securities and Exchange Commission (SEC) is growing louder in speaking out against the way the agency is regulating cryptocurrencies. Commissioner Hester Peirce, affectionately dubbed “crypto mom” by crypto enthusiasts for her understanding of the technology, has not been shy about her desire to provide a more clear regulatory framework around the industry. But in a new interview with Yahoo Finance, she may have delivered her harshest assessment yet. “It is… Source link

Google’s Pixel 6 phones. Google The Pixel 6 and Pixel 6… Source link

Russian internet search engine Yandex has announced that it plans to launch a new version of its smart speaker, the Yandex Min and a new Module set-top box, reports Cnews.ru. Yandex has raised the capacity of its mini smart speaker from 3W to 10W. The set-top box is based on the Yandex TV platform. Source link

In a sea of tasty, healthier snacks down supermarket aisles, it appears teens are leaning on an old favorite of their parents as their snack of choice — Goldfish crackers, long produced by the tomato soup hawking Campbell’s Soup (CPG).  In Piper Sandler’s new “Taking Stock With Teens” survey out on Tuesday, Goldfish crackers were the most preferred snack by teens. About 12% of teens surveyed listed Goldfish as their favorite snack compared to 9% in Piper Sandler’s spring survey. Roughly… Source link

Google Google is holding a launch event for the upcoming Pixel 6 and Pixel 6 Pro on Oct…. Source link