This post was originally published on TKer.co Stocks rallied, with the S&P 500 climbing 2.5% last week. The index is now up 13.8% from its October 12 closing low of 3,577.03 and down 15.1% from its January 3, 2022 closing high of 4,796.56. While the U.S. economy has been cooling off for months, the hard economic data shows growth has been pretty resilient. On Thursday, we learned GDP in Q4 rose at a 2.9% rate. However, if you’ve only been reading sentiment-oriented business surveys (i.e., the… Source link

A new category of activity tracking applications has been having massive success recently on Google Play, Android’s official app store, having been downloaded on over 20 million devices. The applications promote themselves as health, pedometer, and good habit-building apps, promising to give users random rewards for staying active in their daily lives, reaching distance goals, etc. According to a report by the Dr. Web antivirus, though, the rewards may be impossible to cash out or are… Source link

Jennifer Howe is still holding onto gifts from Christmas she doesn’t want. Slippers that are too big, a designer perfume she’ll never wear, and candles. “They look nice, but I’ve never been a candle person,” she said. “I’m thinking about donating some of the stuff I got, or maybe re-gifting, since returning is a pain.” She’s not wrong. Retailers now are making returns more challenging, more confusing, and potentially more expensive. What a difference a couple of years make. During the… Source link

Cavan Images/Getty Images It’s not easy being Google. There you were, lauding it over everyone, bathing in unimaginably large advertising revenues, and actually telling people you do no evil. But then came internal discontent, governmental lawsuits, ChatGPT, and a general perception that the company has turned a little sad. Please don’t worry, Google, I’m going to make it a little worse for you.  more Technically Incorrect Or, rather, TikTok is. The somewhat controversial dance entertainment… Source link

Cavan Images/Getty Images It’s not easy being Google. There you were, lauding it over everyone, bathing in unimaginably large advertising revenues, and actually telling people you do no evil. But then came internal discontent, governmental lawsuits, ChatGPT, and a general perception that the company has turned a little sad. Please don’t worry, Google, I’m going to make it a little worse for you.  more Technically Incorrect Or, rather, TikTok is. The somewhat controversial dance entertainment… Source link

As companies send out acceptance and rejection emails for the upcoming summer internship season, not every intern will be equally compensated. New data from CashNetUSA reveals that states vary widely in average pay for interns and whether or not they offer financial compensation versus college credit. States like Wyoming, New Mexico, Louisiana, and Alabama pay the least for internships in terms of dollar amounts, while Washington, California, Connecticut, and Nevada pay the most. Roughly 25% of… Source link

After completing its first growth equity funding round, maternity company Hatch announced it is partnering with Marquee Brands to consolidate several maternity brands under the umbrella of Hatch Collective. The newly formed parent company will operate Hatch along with Marquee’s brands, including Motherhood Maternity, A Pea in the Pod, and Destination Maternity. “What we were doing in the maternity space is the gold standard from a brand level and how, together, we could be more of a powerful… Source link

Wall Street will face one of its busiest weeks of the year in the coming week, with earnings from Big Tech leaders, the Federal Reserve’s first meeting and rate decision of 2023, and the monthly jobs report for January all set for release. The S&P 500’s most heavily-weighted components — Alphabet (GOOGL), Apple (AAPL), and Amazon (AMZN), as well as Facebook parent company Meta (FB) — are among important players scheduled to report fourth-quarter financial results through Friday. Meanwhile,… Source link

Sundar Pichai, CEO of Google’s parent company Alphabet, announced on January 20 that around 12,000 employees would be cut.Mateusz Wlodarczyk/NurPhoto/Getty Images Former Googler Nicholas Dufau said he felt “acutely expendable” after being laid off via email. He wrote on LinkedIn that he discovered he’d lost his job while feeding his newborn daughter at 2 a.m. Google said on January 20 it was laying off 12,000 workers. A former Google employee said he felt “acutely expendable” upon discovering… Source link

Sundar Pichai, CEO of Google’s parent company Alphabet, announced on January 20 that around 12,000 employees would be cut.Mateusz Wlodarczyk/NurPhoto/Getty Images Former Googler Nicholas Dufau said he felt “acutely expendable” after being laid off via email. He wrote on LinkedIn that he discovered he’d lost his job while feeding his newborn daughter at 2 a.m. Google said on January 20 it was laying off 12,000 workers. A former Google employee said he felt “acutely expendable” upon discovering… Source link