The news on Thursday that gross domestic product (GDP) contracted for two straight quarters intensified fears the U.S. is entering a recession. Earlier this week, former Home Depot CEO Bob Nardelli suggested the country has indeed fallen into a recession — albeit an unusual one. In a wide-ranging interview for Yahoo Finance’s “Influencers with Andy Serwer,” Nardelli contended that the U.S. is still experiencing a downturn even though consumer spending has remained relatively high. “I’ve said… Source link

For 11 long and emotional minutes, Kyler Murray stood at a podium Thursday and defended himself and his work ethic as an athlete. You couldn’t blame him. Earlier this week, an addendum in his recently agreed upon $230 million contract ($160 million guaranteed) with the Arizona Cardinals was made public. It required Murray complete four hours of “independent study” during the week before each game. This is in addition to studying with coaches and teammates. It required Murray to… Source link

Editor’s Note: This post is breaking and will be updated IMAX (IMAX) reported its fiscal second quarter earnings on Thursday after market close as a healthy summer box office season helped the company deliver strong top-line growth, with revenue up 45% year-over-year. Here are IMAX’s second quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg: “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and “Jurassic World: Dominion” helped lift overall… Source link

Google reviews can be deleted on a computer, Android or iPhone. Google reviews can be edited to change their rating, text and attached images. When you’re feeling bored, hungry or energetic, you might browse  Google Maps to find the location that best suits your interests. Google’s solution to help you learn which places are the best according to customers: Google reviews. Google says its reviews “provide useful information,” while helping quality businesses stand out…. Source link

It’s a trap! No, it’s not Admiral Ackbar, the alert, fish-headed alien from the original Star Wars movies, it’s Morgan Stanley’s chief investment officer Michael Wilson, who argued in an interview this week that the ongoing bear market rally in stocks is nothing more than a trap for investors. “The market always rallies once the Fed stops hiking until the recession begins,” Wilson told CNBC on Wednesday, adding that “it’s unlikely there’s going to be much of a gap this time… Source link

Google is trying to cut down on annoying, unskippable ads in Android apps and overall bad behavior in the Play Store (via TechCrunch). The company announced wide-ranging policy changes on Wednesday that update rules across several categories to be more specific, clamping down on loopholes developers may have used to skirt existing rules. One of the changes that will impact your everyday phone usage the most is for ads. Google says its updated guidelines, which will go into effect on… Source link

The early days of training camp have already produced significant news. Trey Lance and Marcus Mariota will start, James Robinson and Chris Godwin weren’t put on the PUP list and DK Metcalf wants a new contract. What other major developments will we see before the NFL regular season kicks off Sep. 8? Follow along with our tracker to ensure you don’t miss anything. [Set, hut, hike! Create or join a fantasy football league now!] Julio Jones makes his debut with the Buccaneers Tom Brady‘s newest… Source link

U.S. Senate Minority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) confer before addressing reporters following the weekly senate party caucus luncheons at the U.S. Capitol in Washington, U.S. July 9, 2019. REUTERS/Jonathan Ernst In a surprising move to even Capitol Hill insiders, Senate Majority Leader Chuck Schumer and Democratic Senator Joe Manchin of West Virginia struck a deal on a reconciliation bill, which among other things includes $369 billion on energy and climate… Source link

Google is delaying the deprecation of third-party cookies in Chrome by another year, with plans to start phasing them out in 2024. This is the second extension of Chrome’s support for third-party cookies, which Google originally planned to discontinue this year. Plans changed again last year when Google extended the deadline to 2023. Now the extension is getting an extension. Google needs more time to test its Privacy Sandbox initiative — a less intrusive solution for delivering targeted… Source link

Are we in a recession? Let the debate begin. When asked whether the U.S. is in a recession, Elyse Ausenbaugh, global market strategist at JP Morgan, told Yahoo Finance Live: “We do not [think so].” “To us, the main things we’re focusing on are ongoing strength in the labor market,” Ausenbaugh added. “Looking into components of GDP, the fact that consumers are still spending in real terms and that things like credit card delinquencies remain at all-time lows is an encouraging sign that,… Source link