Netflix (NFLX) investors are still reeling after the tech-heavy Nasdaq Composite Index (^IXIC) posted its worst month since 2008. The stock — once a big winner from the pandemic — is down roughly 75% from its November peak, and its once $300 billion market cap now sits south of $80 billion. The streaming giant’s subscriber drop in April spurred speculation on Wall Street about its next big move, which could involve a lower-priced ad-supported option or even a clamp-down on password… Source link

The West has hit Russia with a range of economic sanctions including a promise this weekend from the G-7 nations to reduce their dependence on the country’s oil. But one type of sanction, so-called “export controls,” has attracted less attention than other high-profile penalties like seizing oligarchs’ yachts. Export controls ban companies from sending crucial products like semiconductors to Russia with the goal of gradually starving its economy. But a top Biden administration official told… Source link

As states across the country prepare for the likely overturning of Roe v. Wade in June, attention has shifted to the forthcoming efforts to outlaw abortion in Republican-controlled states. And, despite the unpopularity of such measures, it seems that many red states are planning to ban abortion without any exceptions for rape or incest. Of the 22 states with abortion bans that will instantly take effect if the landmark Supreme Court ruling is overturned, 10 have passed laws that make no… Source link

Donald Trump is testing his political strength for the second straight week Tuesday, this time in Nebraska, where the former president is backing a candidate for governor accused of sexually assaulting multiple women. Trump’s pick in the tight three-way GOP gubernatorial primary is cattle producer and businessman Charles Herbster, who had been leading the field of Republicans running for governor. But in mid-April a Republican state senator, Julie Slama, and seven other women said Herbster… Source link

OAKLAND, Calif., May 9 (Reuters) – Dating apps maker Match Group Inc (MTCH.O) sued Alphabet Inc’s (GOOGL.O) Google on Monday, calling the action a “last resort” to prevent Tinder and its other apps from being booted off the Play store for refusing to share up to 30% of their sales. Match’s lawsuit is the latest to target Google’s allegedly anticompetitive conduct with the Play store, joining ongoing cases brought by “Fortnite” maker Epic Games, dozens of U.S. state attorneys general and… Source link

In a new video from Google, Developer Advocate Alan Kent shares six tips for optimizing images for ecommerce websites. While the video is specifically aimed at ecommerce sites, the advice is applicable to any website that serves a large number of images. Clocking in at over 14-minutes, Google’s video is a lot to digest if you’re busy working on websites. Here’s a more palatable recap you can consume in under five minutes. These are Google’s tips for making images load faster and more… Source link

Giannis Antetokounmpo and the Milwaukee Bucks look to build on a 2-1 series lead over the Boston Celtics.  This is our first NBA Yahoo DFS article! This is something we’d like to continue for the remainder of the season because we know plenty of you play over there. The good news is that I’m very familiar with Yahoo pricing, playing there for a few years now. That makes me feel like I have a good read on what’s going on, so let’s break down this critical Game 4 slate! Injury… Source link

(Bloomberg) — Dennis Gartman says U.S. stocks are and will be in a bear market until a one-day “violent, downward movement” signals that prices have reached bottom. Most Read from Bloomberg “We’ll have one day when we’ll be down 5% or 6% and that’ll be the final selling pressure,” the chairman of the University of Akron Endowment told Bloomberg Radio on Monday. “That’ll end the bear market.” Investors should “be less involved. Be less long. Try to be as conservative as… Source link

The Biden economy is still doing okay, but there was a notable deterioration from April to May in the Yahoo Finance Bidenomics Report Card. President Biden’s grade on the economy dropped from A- in April to B in May, because of the tumbling stock market and a dip in wages. Yahoo Finance uses data provided by Moody’s Analytics to measure the president’s performance on the economy in six areas, compared with seven prior presidents at the same point in their term, going back to Jimmy… Source link

Our team is dedicated to finding and telling you more about the products and deals we love. If you love them too and decide to purchase through the links below, we may receive a commission. Pricing and availability are subject to change. One of the easiest ways you can show up for the AAPI community during the month of May and beyond? By shopping Asian-owned brands, no matter what you need to buy. Whether you’re upgrading your home or updating your closet, there are so many incredible… Source link