The Federal Reserve met last Wednesday, Jan. 26, holding interest rates near zero but reiterating its intentions to raise them later this year in an effort to quell record inflation. One factor contributing to the surging inflation levels continues to be global supply chain issues — a problem that the Fed does not have a significant amount of influence over and one that may extend well into 2022. According to Cetera Investment Management CIO Gene Goldman, however, the easing of supply-chain… Source link

History shows it has paid off to buy stocks after major plunges. An investor buying the S&P 500 (^GSPC) 10% below its high, regardless of whether it was the trough, would have netted a median return of 15% over the next 12 months, according to new research going back to 1950 from Goldman Sachs (GS) strategist David Kostin.  Kostin notes there have been 33 S&P 500 corrections of 10% or more since 1950. The median episode has lasted roughly 5 months and encompassed a peak-to-trough decline of… Source link

If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those hikes. “I think it’s a flattish market, to be honest,” Harris told Yahoo Finance Live on Monday. “I think for now we have had the near-term corrections and the markets had to deal with the fact that the Fed isn’t going to be completely friendly going forward. They helped drive the stock market. Now they… Source link

Key Takeaways Analysts estimate EPS of $27.14 vs. $22.30 in Q4 FY 2020. Traffic acquisition costs are expected to rise YOY. Revenue is expected to increase, but at its slowest pace in four quarters. Google parent Alphabet Inc. (GOOGL) has had an exceptional 2021 fiscal year thus far, with profits and revenue growing at a rapid pace during the first three quarters. Google, like other big technology companies, has benefitted from greater online activity during the COVID-19 pandemic…. Source link

Stocks were mixed Monday as traders looked ahead to another packed week of corporate earnings results and economic data in the wake of the Federal Reserve’s latest monetary policy pivot.  The S&P 500 and Dow declined, while the Nasdaq gained just after the opening bell. Treasury yields edged slightly higher on the long end of the curve, with the benchmark 10-year yield edging back above 1.8%. U.S. crude oil prices built on recent gains after rising for a sixth straight week. January marked a… Source link

Google’s paid leave, vacation policies adapt to the COVID burnout era | Fortune … Source link

Have you gotten a warning that your Google Drive storage is almost full? If so, it’s time to identify files that take up a lot of room, decide which ones you can delete to free up space, and maybe block people from sharing files with you in the future. The process for freeing up space in Google Drive is basically the same whether you have a personal or organizational Google Workspace account. The details of what you see and what options you have vary only slightly, with one big difference…. Source link

In the days since Justice Stephen Breyer announced his retirement from the Supreme Court, much of the focus on his replacement has centered around the race and gender of his replacement. President Joe Biden has repeatedly promised that his nominee “will be the first Black woman ever nominated to the United States Supreme Court.” But in a new interview for Influencers with Andy Serwer, U.S. Rep. Alexandria Ocasio-Cortez described identity as “just the starting step when we are discussing a… Source link

Text size It’s another big week for tech stocks, with results coming from Google, Amazon, Meta, and others. Denis Charlet/AFP via Getty Images … Source link

Google Ireland has appointed a new head of operations, with Adaire Fox-Martin stepping into the role vacated by Nick Leeder two years after his appointment. Ms Fox-Martin was appointed Google’s EMEA cloud president in July 2021, marking a return to Ireland after several years working overseas. “I joined Google in 2021 to lead the EMEA… Source link