Investors should buckle up as it could get hairy this year with the Federal Reserve poised to begin lifting interest rates from rock bottom levels.  “I definitely think we will experience more volatility in 2022 than what we have seen certainly over the last year, but even going back over the last decade. We started to see in 2021 volatility creep up, and I think we will see volatility creep up even further in 2022,” said Pimco portfolio manager Erin Browne on Yahoo Finance… Source link

If you’re part of a business or school that is a G Suite legacy free edition user, your organization will soon have to sign up for a paid subscription to continue using Google Workspace (via 9to5Google). Google will automatically upgrade free plans to a Google Workspace subscription “based on the features you currently use” if your organization doesn’t sign up for a paid plan by May 1st. The free edition was initially available in Google’s first iteration of Workspace, called… Source link

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to President Joe Biden, told Yahoo Finance that COVID-19 could become endemic in 2022 but only if certain parameters are met. If you get “a combination of enough people vaccinated and boosted together with people who are infected and recover and have a degree of immunity — hopefully they’ll wind up getting vaccinated too — and you have a virus, a variant, that has a lesser… Source link

MOSCOW (Reuters) – Russian tech giant Yandex on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and a consortium of IT companies. The FAS told Yandex last February that it had created unequal market conditions for general online search services, that it was preferentially promoting its own products and asked it to stop. Yandex at the time said it was ready to defend its… Source link

Yandex founder and CEO Arkady Volozh (front, 2nd R) celebrates as Yandex is listed on the Nasdaq exchange during their IPO at the Nasdaq market site in New York May 24, 2011. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Jan 19 (Reuters) – Russian tech giant Yandex (YNDX.O) on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and… Source link

It’s been roughly a year since GameStop (GME) began overtaking headlines and a ‘meme stock’ phenomenon was born. However speculative assets have been under pressure recently amid rising inflation and a more hawkish-toned Federal Reserve.  “I do hope that investors will refocus on fundamental values,” Thomas Peterffy, founder of Interactive Brokers told Yahoo Finance Live.  “This meme stock idea — it’s fun, but it’s not sustainable,” he continued. “I think a lot of people will lose a lot of… Source link

Interactive Brokers founder Thomas Peterffy says he is worried about the higher interest rates coming soon from a Federal Reserve behind the curve on inflation.  “I am worried about high interest rates because the Fed is talking about raising rates to 1% or even 2%. Inflation is 7% — 1% or 2% doesn’t mean anything. If they really wanted to stop inflation, they would have to raise rates to 4%, 5%, 6%,” Peterffy said on Yahoo Finance Live. Peterffy thinks the Fed wouldn’t go that high on… Source link

As the legal uncertainty in Europe clouding use of US cloud services cranks up, Google has responded by firing up its lobbying engines to call for US and European lawmakers to get a move on and come up a new rubberstamp to grease transatlantic data flows as usual as the bloc’s regulators finally start to find their banhammers. Last week, Austria’s data protection authority decided that a local website’s use of Google Analytics to have breached the bloc’s General Data Protection… Source link

MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / January 19, 2022 / Yandex (NASDAQ:YNDX and MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has reached a settlement with the Federal Antimonopoly Service of Russia (FAS) and a consortium of Russian Internet companies in connection with an antitrust claim brought against Yandex. The claim related to allegations of abuse of market… Source link

European businesses face uncertainty over the use of a popular analytics tool from Google after a regulator found it breached privacy laws, the latest salvo by the European Union against big U.S. tech companies. The ruling from Austria’s data-protection regulator, published last week, could upend business practices for companies across Europe as regulators in the 27 EU countries are also preparing legislation on social-media content. Lawmakers are set to vote this week on a draft of the… Source link