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What to know in markets this week

After last week’s solid March jobs report, investors this week are set to turn their attention to more commentary from the Federal Reserve, along with several quarterly corporate earnings reports. And to this end, Wednesday’s release of the Federal Open Market Committee’s (FOMC) March meeting minutes will be closely watched. The minutes, capturing the meeting that took place March 15-16, will unveil more of monetary policymakers’ thinking around the path forward for interest rates after their… Source link

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Frank Gore to sign one-day deal to retire with 49ers

Frank Gore is headed back to the Bay Area one last time. Gore announced on Sunday that he will sign a one-day contract with the San Francisco 49ers to officially retire with the franchise. Gore is undoubtedly one of the best running backs in NFL history. Gore got his start with the 49ers in 2005, when they selected him in the third round of the draft. He spent the next decade there before playing short stints with the Indianapolis Colts, Miami Dolphins, Buffalo Bills and New York Jets — where… Source link

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Does war in Ukraine justify an even bigger U.S. military budget?

“The 360” shows you diverse perspectives on the day’s top stories and debates. What’s happening The Biden administration asked Congress to approve $813 billion in defense spending in its budget for next year, $30 billion more than lawmakers allocated for 2022. The request came as part of President Biden’s sprawling $5.8 trillion budget proposal for 2023 that was released earlier this week. “This will be among the largest investments in our national security in history,” Biden said… Source link

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Crypto can ‘fix a lot of the systems that are broken’

Adrian Grenier is bullish on crypto. The “Entourage” actor, who previously said he expects Bitcoin (BTC_USD) to replace fiat currencies like the U.S. dollar, told Yahoo Finance that crypto can “fix a lot of the systems that are broken currently, and are quite wasteful across all industries.” Grenier, a UN Environment Goodwill Ambassador, defended operations like bitcoin mining, which critics say hurts the environment due to its sizable energy draw. “[There’s] a trade off for all things,”… Source link

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Hitting the Books: Raytheon, Yahoo Finance and the world’s first ‘cybersmear’ lawsuit

A company’s public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if not for its “don’t be evil” motto? Nobody’s going to buy your cars if they think the company is run by some “pedo guy.” With the scale of business that modern tech giants operate at and the amounts of… Source link

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Raytheon, Yahoo Finance and the world’s first ‘cybersmear’ lawsuit

A company’s public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if not for its “don’t be evil” motto? Nobody’s going to buy your cars if they think the company is run by some “pedo guy.” With the scale of business that modern tech giants operate at and the amounts of… Source link

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Tiger Woods hasn’t yet made his final Masters decision

Tiger Woods is still weighing whether to attempt one of the most remarkable comebacks in sports history. Less than 14 months after a catastrophic February 2021 car wreck that nearly cost him his leg, Woods continues to consider whether to play the Masters this week. Woods spent time last week walking the steep hills of Augusta National and performed well enough to warrant keeping the door open. “I will be heading up to Augusta today to continue my preparation and practice. It will be a… Source link

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Ex-Google CEO Eric Schmidt on career-building, working with Steve Jobs

This story is part of the Behind the Desk series, where CNBC Make It gets personal with successful business executives to find out everything from how they got to where they are to what makes them get out of bed in the morning to their daily routines As far as career accomplishments go, it’s hard to top Eric Schmidt. A self-described software “nerd” from Falls Church, Virginia, Schmidt was hired as Google’s chairman and later CEO by co-founders Larry Page and Sergey Brin in 2001 to provide… Source link

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In a World Full of Risk, Stocks Look Like the Least-Bad Option

(Bloomberg) — Whatever hardships are afflicting global stock investors, it’s worse in other markets, and that alone may be enough to keep the equity rebound going for now. Most Read from Bloomberg Stocks recovered in record time from the initial shock of the war in Ukraine and the havoc it’s wreaked on global commodity supplies. That followed their resistance to successive waves of the coronavirus pandemic since 2020. Now, they’re refusing to be undone by ominous portents in bond… Source link

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6 dead, 12 injured in Sacramento

SACRAMENTO, Calif (AP) — Six people were killed and 12 injured early Sunday in Sacramento when shots were fired into crowds as bars and nightclubs emptied for the night in the second mass shooting in five weeks in California’s capital city. Police were searching for at least one suspect and had recovered at least one firearm. Investigators said they were reviewing video footage posted to social media that showed what appeared to be an altercation before the gunfire erupted. A video posted… Source link

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