This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Ethan Wolff-Mann, a senior writer. Follow him on Twitter @ewolffmann. The chorus of those wanting a weaker labor market is getting louder and louder. After the recent job numbers were released last week, Bank of America analysts said in a note they are essentially “rooting against the home team” and hope the numbers stop… Source link

Google opened its I/O developer conference with a grab-bag of a keynote. Over two hours Wednesday, a cast of characters from the Mountain View, California tech giant covered everything from AI-assisted ukulele lessons to the company’s carbon-free ambitions for its data centers. There wasn’t always much new to the event, but four I/O items stood out as surprising. Augmenting AR searches Google’s upcoming upgrades to its search features will include “scene exploration,” which… Source link

Tom Brady is likely heading into his last season. When the 2022 NFL schedule is announced, act accordingly and consider it a farewell tour. We know, you’ve heard that before. For years, any slip or struggle would translate into some proclamation that this was finally it … only to have Brady turn it all around when it mattered most, either by winning a Super Bowl or showcasing a level of play that recalled some of the very best years in his long career. The epitome of that circle happened… Source link

The upstart LIV Golf Invitational Series, a Saudi-backed proposed competitor to the PGA Tour, continues to suffer setback after setback, some external and some very much self-inflicted. Earlier this week, the PGA Tour and the DP World Tour (formerly the European Tour) both indicated they would not give their players releases to play in LIV Golf’s inaugural event early next month. On Wednesday, LIV Golf chief executive Greg Norman threw gasoline on the fire by appearing to downplay the killing… Source link

U.S. stock futures edged slightly higher ahead of overnight trading Wednesday following another down day in markets as investors digested inflation data that showed price levels remained elevated in April. Futures tied to the S&P 500 rose 0.3% after the index settled at 3,935.18, or its lowest level since March 2021. The S&P 500 is down more than 17% in the first 90 trading days of 2022, marking its second worst start to a year, according to data from Compound Capital Advisors. Contracts on… Source link

James Bullard, president of the Federal Reserve Bank of St. Louis, joined Yahoo Finance to discuss his outlook on inflation and the central bank’s response. Below is a transcript of his appearance, aired live on May 11. – BRIAN CHEUNG: I am joined here live on Yahoo Finance in an exclusive conversation with St. Louis Fed President James Bullard. Obviously the Federal Reserve very much in focus so it’s great to have you on the program President Bullard. How are you? JAMES BULLARD: Very good,… Source link

SAN FRANCISCO — There was a time when Google offered a wondrous vision of the future, with driverless cars, augmented-reality eyewear, unlimited storage of emails and photos, and predictive texts to complete sentences in progress. A more modest Google was on display on Wednesday as the company kicked off its annual developer’s conference. The Google of 2022 is more pragmatic and sensible — a bit more like its business-focused competitors at Microsoft than a fantasy play land for tech… Source link

Google today kicked off its annual I/O developer conference at the Shoreline Amphitheatre in Mountain View, California, where it unveiled a wide range of new Pixel devices that are launching this summer and beyond. Ahead, we’ve summarized five highlights from the keynote to give Apple users a quick overview of the announcements. Key takeaways from the Google I/O keynote: Google provided a sneak peek at the Pixel 7 and Pixel 7 Pro coming this fall. The smartphones will feature a slight… Source link

At its first in-person developer conference in three years, Google announced three new smartphones and its first in-house smartwatch as well as plans to release a new tablet next year. Google also announced updates to several of its most popular tools including Maps, Google Translate and its core search product. Google surprised fans of its smartphone lineup on Wednesday by teasing two new flagship devices — the Pixel 7 and Pixel 7 Pro. While the company didn’t share many details, the two… Source link

President Biden on Wednesday announced new efforts that he says will help American farmers mitigate some of the effects of Russia’s war in Ukraine on the food supply. As part of a trip to Illinois, the White House announced three new initiatives it says will support farmers, including $500 million for domestic fertilizer production. The effort comes as overall inflation remained near a 40-year-high in April, largely driven by food prices. The food index has risen 9.4% over last year and Source link