The Federal Reserve reported financial well-being last year reached the highest levels since at least 2013, underscoring the impact of economic stimulus that also led, in part, to high inflation. About 78% of the roughly 11,000 households surveyed by the Fed reported either “doing okay” financially or “living comfortably,” the highest level seen since the Fed began the survey in 2013. The report noted that household strength was particularly high among parents, due in part to the 2021… Source link

Epic Games isn’t just fighting the app stores over the right to process its own in-app payments in its popular game Fortnite, it’s also taken up its antitrust legal battle with the tech giants via Bandcamp, the internet music company Epic acquired in March. The following month, Epic filed an injunction asking for the right to allow Bandcamp to continue operating as usual instead of being forced to adopt Google’s own payments system as is now required via a policy change, or risk… Source link

A man walks outside the headquarters of Yandex company, Russia’s internet search engine, in Moscow. … [+] The company’s shares were halted in New York and its cheif executive is sanctioned. (Photo by ALEXANDER NEMENOV/AFP via Getty Images) AFP via Getty Images Russia is closer to Europe than China in every conceivable way, but not for long. The people look the same. They share the same Christian religious beliefs and holidays. Their economies – up until… Source link

Yandex’s Uncertain Q1 FY 2022 Outlook Yandex N.V (NASDAQ: YNDX) has caught the ire of the West in response to Russia’s invasion of Ukraine. After being accused of suppressing free speech and spreading misinformation about conflict,… Source link

The Google division of Alphabet Inc. (GOOGL, GOOG) and the Facebook division of Meta Platforms, Inc. (FB) may be forced to spin off large portions of their online ad businesses, should a new bill pending in the United States Senate eventually become law. The Competition and Transparency in Digital Advertising Act would prohibit companies with more than $20 billion per year in digital ad revenue from running a “digital advertising exchange.” In the first quarter of 2022 alone, Alphabet… Source link

Yandex N.V (NASDAQ: YNDX) has caught the ire of the West in response to Russia’s invasion of Ukraine. After being accused of suppressing free speech and spreading misinformation about conflict, Yandex’s second in command, Tigran Khudaverdyan was sanctioned and has since stepped down from his position. The company now is attempting to reduce exposure from potential sanctions placed upon it and that of its employees, which includes selling off divisions of its businesses to state-controlled… Source link

It should be the Boston Celtics’ turn on Monday night. The Miami Heat won and covered in Game 1, the Celtics came back and won and covered easily in Game 2, and then the Heat pulled a big upset in Game 3, winning straight up as a 6.5-point underdog. The Celtics are again 6.5-point favorites for Game 4 in what becomes a critical game for them. Boston is capable of coming back from 3-1 deficit in the Eastern Conference finals, with two games remaining in Miami, but that’s a road they’d rather… Source link

Google is testing a new trail version of the Google News portal at news.google.com. It is a limited trail, I was only able to bring it up once in Safari private mode, but then I lost it. The new home page is more visual, brings the navigation menu from the left side to the top and overall cleans up the look of the home page. What it looks like. Here is a screenshot of the top of the page that I was able to screen capture when I saw the test – you can click on it to enlarge it: Here is the… Source link

Regular investors have a lot of questions about the stock market’s recent plunge. They want to know whether they should take advantage of the recent pullback (the S&P 500 is down 20% year to date), wait for a better opportunity or sell out entirely. It’s a natural question to ask. So MoneyWise chatted with fund manager and regular CNBC contributor Michael Farr to pick his investment brain about what to do in the current market. His advice is simple: don’t try to time it. “Market timing… Source link

TV: ABC, 8:30 p.m. ET BetMGM line: Celtics -6.5 At first glance Saturday, it looked like we were in store for a third straight blowout in the Eastern Conference finals. Though the Celtics eventually climbed out of a 26-point hole, the Miami Heat held on to take a 2-1 series lead over Boston headed into Monday’s Game 4 at TD Garden. A win there is critical for the Celtics, otherwise they’ll have to travel to Miami and try to battle out of a 3-1 deficit in order to keep their Finals hopes… Source link