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Kyrie Irving ‘let [his] teammates down,’ Dave Bing says

Kyrie Irving can often be confusing, but very recently he spoke with the most clarity he’s displayed in years, saying unequivocally he would not be taking the COVID-19 vaccine. It puts the Brooklyn Nets in a curious position, particularly with Kevin Durant out for four to six weeks with an MCL injury. There was thought to be a little opening, especially when James Harden joked he would inject Irving himself last week, but Irving stated in no uncertain terms where he stands on the… Source link

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Taming inflation is a ‘critical job’ for the Federal Reserve

President Joe Biden acknowledged that a major problem facing Americans remains high inflationary pressures, but said Wednesday that a large share of the dilemma falls on the shoulders of the nation’s central bank. “A critical job in making sure elevated prices don’t become entrenched rests with the Federal Reserve, which has a dual mandate: employment and stable prices,” Biden said on the eve of the one-year anniversary of his inauguration. The price stability mandate is in flux, where the… Source link

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EXCLUSIVE Google aims to improve spotty enforcement of children’s ads policy

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo Register now for FREE unlimited access to Reuters.com Register Jan 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said this week it would immediately improve enforcement of an age-sensitive ad policy after Reuters found ads for sex toys, liquor and high-risk investments in its search engine that should have been blocked under its efforts to… Source link

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Markets are stuck with a case of Fed indigestion: analyst

With the Nasdaq Composite (^IXIC) teetering on the brink of correction territory, a painful sector rotation continues to flummox investors this year in expectation of the Federal Reserve taking its foot off the gas. Amid the overall market defensiveness, one analyst is suggesting that investor pessimism may be overblown. Callie Cox, investment analyst at eToro, recently appeared on Yahoo Finance Live to break down the current macro environment, as markets recently went from pricing in zero… Source link

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Federal Reserve may trigger “deep corrections’ in stock market in 2022 with its actions, strategist warns

Investors should buckle up as it could get hairy this year with the Federal Reserve poised to begin lifting interest rates from rock bottom levels.  “I definitely think we will experience more volatility in 2022 than what we have seen certainly over the last year, but even going back over the last decade. We started to see in 2021 volatility creep up, and I think we will see volatility creep up even further in 2022,” said Pimco portfolio manager Erin Browne on Yahoo Finance… Source link

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Google will make free ‘legacy’ G Suite accounts pay for its office apps starting in July

If you’re part of a business or school that is a G Suite legacy free edition user, your organization will soon have to sign up for a paid subscription to continue using Google Workspace (via 9to5Google). Google will automatically upgrade free plans to a Google Workspace subscription “based on the features you currently use” if your organization doesn’t sign up for a paid plan by May 1st. The free edition was initially available in Google’s first iteration of Workspace, called… Source link

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Worst case scenario for 2022 is variant that eludes vaccine protection

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to President Joe Biden, told Yahoo Finance that COVID-19 could become endemic in 2022 but only if certain parameters are met. If you get “a combination of enough people vaccinated and boosted together with people who are infected and recover and have a degree of immunity — hopefully they’ll wind up getting vaccinated too — and you have a virus, a variant, that has a lesser… Source link

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Russia’s Yandex reaches settlement in search engine dispute | WSAU News/Talk 550 AM · 99.9 FM

MOSCOW (Reuters) – Russian tech giant Yandex on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and a consortium of IT companies. The FAS told Yandex last February that it had created unequal market conditions for general online search services, that it was preferentially promoting its own products and asked it to stop. Yandex at the time said it was ready to defend its… Source link

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Russia’s Yandex reaches settlement in search engine dispute

Yandex founder and CEO Arkady Volozh (front, 2nd R) celebrates as Yandex is listed on the Nasdaq exchange during their IPO at the Nasdaq market site in New York May 24, 2011. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Jan 19 (Reuters) – Russian tech giant Yandex (YNDX.O) on Wednesday said it had reached a settlement agreement in a competition law dispute over its search engine results with Russia’s Federal Antimonopoly Service (FAS) and… Source link

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‘A lot of people will lose a lot of money,’ Interactive Brokers founder says

It’s been roughly a year since GameStop (GME) began overtaking headlines and a ‘meme stock’ phenomenon was born. However speculative assets have been under pressure recently amid rising inflation and a more hawkish-toned Federal Reserve.  “I do hope that investors will refocus on fundamental values,” Thomas Peterffy, founder of Interactive Brokers told Yahoo Finance Live.  “This meme stock idea — it’s fun, but it’s not sustainable,” he continued. “I think a lot of people will lose a lot of… Source link

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