There are a multiple headwinds buffeting the markets right now, pushing stocks, bonds, and commodities in various directions. Between stubbornly high inflation, the war in Ukraine, the persistence of COVID, and even the developing instability in Chinese real estate, the possible shocks that can hit the market are enough to make any investor’s head spin. They are also a strong inducement to start taking a defensive stance on an investment portfolio. At least, that’s the bottom line from… Source link

Employees pass in front of the main entrance at Activision Blizzard in Irvine in July. The Irvine office and two other offices out of state will still require employees to be vaccinated against COVID-19 to work in person. A virtual walkout took place among employees in the Irvine office and other locations. (Raul Roa / Times Community News) More than 100 Activision Blizzard employees participated in a virtual walkout Monday as the Santa Monica video game studio joined a growing wave of… Source link

U.S. equity futures were little changed heading into overnight trading Monday following a rally in the tech sector that lifted stocks higher to start the week. Contracts on the S&P 500, Dow Jones Industrial and Nasdaq Composite were near breakeven in extended trading after all three benchmarks closed in the green Monday. The Nasdaq — which gained 1.9% in the main session — was buoyed by a 27% surge in Twitter (TWTR) that came after Tesla (TSLA) CEO Elon Musk revealed he purchased a 9.2%… Source link

(Bloomberg) — Shares of the shell company taking Donald Trump’s media venture public extended their selloff after a report that a pair of key executives resigned and Elon Musk bought a sizable stake in social-media competitor Twitter Inc. Most Read from Bloomberg Digital World Acquisition Corp., the special-purpose acquisition company merging with Trump Media & Technology Group, fell 10% Monday to extend a losing streak for a seventh-straight day as downloads of the Truth Social app dry up…. Source link

Amazon (AMZN) warehouse workers at a Staten Island, N.Y., facility on Friday established the first U.S. union in the company’s 28-year history, delivering a blow to the e-commerce giant and intensifying a wave of labor organizing nationwide. The astonishing victory of a worker-led, crowdfunded union over the nation’s second-largest employer became an immediate symbol for resurgent worker strength. But for now, a symbol is just about all that it is. In the coming days, the Amazon Labor Union… Source link

It’s only been a couple of weeks since Pixel 6 and Pixel 6 Pro devices started receiving Google’s March Pixel drop of new features, improvements, and fixes, and now the company has started the rollout of an April update (via 9to5Google). According to Google, wireless charging updates and camera fixes for the Pixel 6 lineup should improve performance with certain (unspecified) accessories and crush bugs that could zoom in the front-facing camera preview with certain apps or pop up a… Source link

Just this morning, I was sitting in my car waiting for Alternate Side of the Street parking to end (a dance that many car-owning New Yorkers go through) and texted my partner to come take his turn. As normal, I used the Messages app on my Pixel 6 phone to contact him and waited for the usual reply (“On my way!” or “Be there in a few!”), but after about four minutes or so, I realized that I hadn’t had a response. When I checked the app, I saw that the text hadn’t been sent —… Source link

Google may reduce the visibility of a product page if the item for sale is listed as out of stock on the retailer’s website. This is stated by Google’s Search Advocate John Mueller during a recent Google Search Central SEO office-hours hangout. A question is submitted by an ecommerce store owner asking if search rankings for transactional keywords could be negatively impacted if the products sell out. Mueller says, in theory, Google could reduce visibility for product pages with out of… Source link

Googlers crawling back to campus this week may not find bidets in the bathroom. Instead, the company is offering them free electric scooters from Unagi, The Verge reported Monday. Unagi founder and CEO David Hyman told The Verge that Google is offering the 20 mph scooters to most of its U.S. employees to help with the commute to work, which most haven’t had to undertake regularly in the last two years. The $990 scooters are available on a subscription basis, and Google will reportedly… Source link

A recession is unlikely for 2022, but it’s not 100% off the table, says one prominent Wall Street economist. Nomura Chief U.S. economist Robert Dent told Yahoo Finance Live he sees the potential for a “mild recession.” “When we think of a mild recession I think the best example is probably what happened in 2021, maybe a 2 percentage point increase in the unemployment rate, a couple of quarters of weak GDP growth,” Dent said. “In terms of time willing, we are most concerned about potentially… Source link