Bitcoin’s price rose Friday, back above $46,000 after dipping as low as $43,800 the prior day. The largest cryptocurrency by market value was trading close to its highest level in more than two months, sitting on a 60% year-to-date gain after rallying from a low around $29,000 as recently as June. A key threshold is the 200-day moving average of the price, currently around $45,000. Related: Cardano Jumps on Signals Smart Contracts Coming Next Month “The 200-day moving average is… Source link
Read More »Yearly Archives: 2021
Why climate change could make some places colder
A man cycles through the snow in Pristina, the capital of Kosovo. (Hazir Reka/Reuters/HR/ABP) As much of the Northern Hemisphere continues to bake in a year of unprecedented heat waves linked to climate change, one paradoxical consequence of rising global temperatures is that some areas of the world could become much colder. A study published this month by researchers at the Potsdam Institute for Climate Impact Research found that the Atlantic meridional overturning circulation (AMOC)… Source link
Read More »‘Floodgates’ open on mutual funds converting into ETFs
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
Read More »This week in Bidenomics: A bridge to somewhere – Yahoo Finance
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
Read More »IRS sends $15 billion in second round of Child Tax Credit payments amid tech issues
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
Read More »Google’s Nest Hubs will warn users about nearby pollution and smoke
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
Read More »What is the JOLTS report?
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
Read More »Delta variant triggers ‘dramatic spike’ in cases, Texas hospitals ‘are sounding the alarm’: physician
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
Read More »every leader has an ‘epic fail’
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
Read More »Company’s ‘future is really bright’ in Austin
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
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