U.S. stocks rallied Monday ahead of a busy week for investors, with key inflation data and the Fed’s last policy meeting of the year on tap over the next two days. The S&P 500 (^GSPC) gained 1.4%, while the Dow Jones Industrial Average (^DJI) increased by 1.5%, or more than 500 points. The technology-heavy Nasdaq Composite (^IXIC) advanced by 1.2%. The rally served as a rebound from stocks’ worst week since September. The S&P 500 dropped 3.4% last week, while the Dow fell 2.8% and the Nasdaq… Source link

Summary Companies Law firms Genius’ breach case against Google dismissed based on copyright law Lyric site said decision could give big tech free pass to copy content (Reuters) – The U.S. Supreme Court on Monday asked the Biden administration to weigh in on song-lyric website Genius’ attempt to revive a lawsuit over Google’s alleged theft of its work. The justices are considering whether to hear ML Genius Holdings LLC’s bid to overturn a U.S. appeals court’s ruling that its case against Google LLC… Source link

President Biden wants Americans to know gas prices are falling fast—and he deserves the credit. The average pump price has plunged from $5 per gallon in June to around $3.25 now. Biden says it’s because he released oil from the national reserve, persuaded petrostates to produce more, and convinced oil and gas companies to lower prices. Nope. The single-biggest reason for falling oil and gas prices is China’s baffling COVID lockdowns. China is the world’s largest energy consumer and… Source link

Rising bond yields have put fixed income back in vogue as an alternative to cash or the volatile stock market. “There is a huge amount of opportunity in the fixed-income markets, one we haven’t seen in about a decade and half,” BlackRock Americas iShares Investment Strategy Head Gargi Chaudhuri recently told Yahoo Finance Live. There are many types of bonds investors can choose from — including municipal, US Treasury, and corporate-issued. In Yahoo Finance’s ongoing series, “What to do in a… Source link

Rising bond yields have put fixed income back in vogue as an alternative to cash or the volatile stock market. “There is a huge amount of opportunity in the fixed-income markets, one we haven’t seen in about a decade and half,” BlackRock Americas iShares Investment Strategy Head Gargi Chaudhuri recently told Yahoo Finance Live. There are many types of bonds investors can choose from — including municipal, US Treasury, and corporate-issued. In Yahoo Finance’s ongoing series, “What to do in a… Source link

Barner expects Jimmy Butler to have a strong night on Monday as the Heat travel to Indiana to face the Pacers. The NBA starts off the week with seven games on the schedule Monday. Luka Doncic (quadriceps), who did not play Saturday against the Bulls, is expected to return for a matchup against the Thunder. Kevin Durant and Kyrie Irving sat out for rest against the Pacers on Saturday, but both are expected to be back in action for a battle with the Wizards. As far as exciting matchups… Source link

In an article highlighting the impacts of climate change on Alaska and Hawaii, Yahoo News cited information from the University of Maine Climate Reanalyzer that shows temperatures in the upper third of Alaska, located inside the Arctic Circle, have been observed at an average of 11.5 degrees Fahrenheit above normal this month. Aol, WPXI-TV (Pittsburgh, Pennsylvania), WFTV-TV (Orlando, Florida), WSB-TV (Atlanta,… Source link

As investors wrap up one of the most challenging years on record, signs of life in the M&A market suggest risk appetite might be increasing as we approach the new year. U.S. investors were met with at least $40 billion worth of deals ahead of the open Monday, led by Amgen’s acquisition of Horizon Therapeutics, Microsoft’s new stake in the London Stock Exchange Group, Coupa Software’s sale to Thoma Bravo, and a move by Weber to go private. This deluge of deals in one of the year’s final… Source link

Editor’s note: This article was originally published by ProPublica, a nonprofit newsroom that investigates abuses of power. Sign up here to get its next investigation. In early February 2016, the security gate at a U.S. military base near Washington, D.C., swung open to admit a Navy doctor accompanying a pair of surprising visitors: two artificial intelligence scientists from Google. In a cavernous, temperature-controlled warehouse at the Joint Pathology Center, they stood amid stacks… Source link

We are tribal creatures, and there’s nothing that appeals to us more than a simple pick-your-side binary. Democrat or Republican? Coke or Pepsi? Football or soccer? Make your choice, dig in hard, and never ever give an inch. Sunday night brought us one of the best kind of debates: a niche blood war, where the people involved stake their entire identity on it while the vast majority of the world literally could not care less. The terms of this battle: who’s better, Tua Tagovailoa or Justin… Source link