Cristian Cardona, an employee at a McDonald’s, attends a rally for a $15 an hour minimum wage Tuesday, Feb. 16, 2021, in Orlando, Fla. (AP Photo/John Raoux) Elizabeth MacDonough, the Senate parliamentarian, ruled on Thursday that the Senate cannot use the budget reconciliation process to pass a minimum wage increase. The decision is a blow to Democrats who have been pushing to raise the federal minimum wage to $15 an hour in the next coronavirus relief package. Democratic lawmakers are using… Source link

Bloomberg In a Flash, U.S. Yields Hit 1.6%, Wreaking Havoc Across Markets (Bloomberg) — After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday — growth and inflation are moving higher. The message wreaked havoc across risk assets.Benchmark 10-year Treasury yields catapulted to the highest in more than a year at over 1.6% and traders yanked forward their opinion of how soon the Federal Reserve will be forced to tighten policy. Equities tumbled, as higher… Source link

Will it ever be possible for Google to create an index of audio content that users can search through like web pages? Results of early testing, which Google published in a blog article, indicates audio search is harder to accomplish than it might sound. Details of these tests are shared in an article penned by Tim Olson, SVP of digital strategic partnerships at KQED. Google is partnering with KQED in a joint effort to make audio more findable. With the help of KUNGFU.AI, an AI services provider,… Source link

The remaining Spurs schedule will likely keep fans busy — and stressed. Yahoo Sports is calling the Spurs march to play 40 games in 68 days the “hardest” schedule, alongside that of the Memphis Grizzlies. The plan to complete pandemic-stricken season was released Wednesday. In it, the Spurs will play 11 back-to-backs with no more than a day of rest between matchups. RELATED: Spurs legend Tim Duncan announces extension of Black Restaurant Week San Antonio … Source link

(Bloomberg) — Salesforce.com Inc. reported sales increased 20% in the fiscal fourth quarter, the same year-over-year gains as in the previous period, disappointing investors who were looking for growth to accelerate. Shares dropped about 4% in extended trading. Still, the company gave a revenue forecast for the current period that exceeded analysts’ estimates, suggesting customers have begun spending more on its software after slowdowns fueled by the pandemic. Sales were $5.82 billion in… Source link

Former U.S Olympics women’s gymnastics head coach John Geddert died by suicide Thursday. Geddert, 63, died hours after he was charged with 24 crimes, including sexual assault, racketeering and human trafficking. Michigan Attorney General Dana Nessel confirmed Geddert’s death and said, “This is a tragic end to a tragic story for everyone involved.” Geddert was expected to turn himself in at the Eaton County Sheriff’s Department at 2:15 p.m. Eastern, but did not show up, according to the Detroit… Source link

(Bloomberg) — AT&T Inc. will offload its DirecTV operations in a deal with private equity firm TPG that values the business at about $16 billion, a fraction of what the telecom giant paid for the satellite-TV company in 2015. The move caps years of AT&T deliberating over what to do with DirecTV, a pay-television pioneer that had increasingly become a burden as it hemorrhaged customers. As part of the agreement, a joint venture with TPG will run DirecTV and AT&T’s other pay-TV operations,… Source link

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

The world’s first bitcoin exchange traded fund is off to a hot start. The Purpose Investments bitcoin ETF now has more than $590 million in assets under management after launching just one week ago. The ETF was the first physically settled Bitcoin ETF to win approval and began trading in Canada on Thursday. It now gives investors a more direct way to invest in bitcoin relative to other closed-end funds like the popular Grayscale Bitcoin Trust (GBTC) and a less direct way than outright owning… Source link

Formerly known as G Suite and Google Apps, this comprehensive guide outlines the essential features of Google Workspace for organizations. Google Workspace is a set of communication and collaboration apps built for people in organizations. The core Google Workspace communication apps, such as Gmail and Google Meet, are widely used around the… Source link