Federal Reserve Chairman Jerome Powell told Congress this week that he would like to see a corner of digital currencies more tightly regulated. “If [stablecoins] are going to be a significant part of the payments universe — which we don’t think crypto assets will be, but stablecoins might be — then we need an appropriate regulatory framework, which frankly we don’t have,” Powell told the House Financial Services Committee on Wednesday. To get around the stigma of cryptocurrencies being… Source link

A recent study by financial source DailyFX revealed that Apple (AAPL), Tesla (TSLA), and GE (GE) are the most popular stocks for millennials and Generation Z investors. The study collected data from Robinhood and examined investing preferences among millennials and Gen Z across the United States and United Kingdom for the 12 months ending April 2021. DailyFX noted that GameStop (GME) was not included in the study “as that would dominate the end results, skewing them for the search volume… Source link

Google’s dedicated “sustainability” landing page is where the tech giant outlines its goals to combat climate change — like being carbon free by 2030 — and shows status reports on its environmental efforts, such as making a “hyperlocal” air quality map. Combating climate change is a “foundational value” for Google and other Silicon Valley companies, Google CEO Sundar Pichai said Tuesday. But it’s also a way for tech companies to attract and keep top talent, added Pichai, who is also CEO of… Source link

While the S&P 500 and Dow Jones Industrial Average have continued to power to new highs seemingly everyday this summer, the small-cap Russell 2000 Index has been OK with sitting the dance out completely.  After peaking in March, strategists at Renaissance Macro Research note the Russell 2000 Index is now at new year-to-date relative lows versus the S&P 500. Over the last six months, the Russell 2000 Index — which houses smaller U.S. focused companies — is up a mere 1.9%. The S&P 500 and… Source link

Google Meet videoconferencing is adding fuller support for Google Glass, the company’s frequently overlooked augmented reality headset. Yesterday, Google announced an open beta of “Meet on Glass” for the Glass Enterprise Edition 2. Users with Google Workspace can sign up to test the service following a closed beta announced last year. As The Verge’s Sean Hollister laid out last year, Meet on Glass works differently from normal online videoconferencing. When a Google Glass wearer… Source link

LAS VEGAS — Team USA men’s basketball has been a subject of scrutiny for the last five days with the basketball community expressing its enormous disappointment in the team getting off to an unprecedented 0-2 exhibition start ahead of the Olympics in Tokyo. Meanwhile, Kevin Durant, the face of Team USA, is just chilling in his hotel suite at Aria Resort & Casino. “I’m doing fine, myself,” Durant told Yahoo Sports. “I haven’t really left my room with the health and safety… Source link

Google software engineers reported something in a recent survey that surprised higher-ups: they felt as productive working from home as they did before the pandemic. Internal research at the Alphabet Inc. unit also showed that employees want more “collaboration and social connections” at work, according to Brian Welle, a human resources vice president. Welle declined to provide exact figures but said “more than 75%” of surveyed employees answered this way. Most staff also… Source link

Although housing starts appear to be picking up in recent months, it is unclear whether this trend can be sustained as supply chain disruptions, high materials costs, and construction labor shortages continue to plague the sector. Some camps are even fearful of the possibility of an impending housing crisis which could be triggered by a wave of evictions attributed to pandemic-related disruptions. In spite of this, the U.S. housing market remains hot, with the growing demand for homes… Source link

Stock futures dipped Thursday morning as investors digested a host of mixed corporate earnings results and reassurances from monetary policymakers that the latest spike in inflation would likely prove temporary. Global data was also in focus, with a weaker-than-expected GDP report out of China pointing to a marked growth slowdown. Contracts on the S&P 500 declined after the index eked out a record intraday high during Wednesday’s regular session. The Dow looked to open nearly 200 points… Source link

In Windows 11, there’s a new widgets button on the taskbar that opens a menu with quick access to weather, traffic, news, sports scores, and more. Here’s how it works. What Is a Widget, Anyway? In computer software, a widget is usually a small graphical app designed for quickly referencing information such as weather, sports scores, and news. Widgets are often (but not always) presented separately from regular apps in an operating system, sometimes on their own screen or in their own… Source link