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Cathie Wood rejects Fed’s inflation “jawboning,” pivots back to deflation narrative

Wall Street’s rate-hike jitters have wreaked havoc on high-growth tech stocks — and Cathie Wood’s Ark ETFs were front and center for the damage yet again. Still, Wood dismissed concerns over inflationary pressures, reaffirming an earlier assertion that deflation remains the focus for her firm during a webcast on Tuesday. The Ark Invest CEO also said that price increases were likely to ease as supply chain issues resolve. Wood’s remarks come amid Federal Reserve Chair Jerome Powell’s… Source link

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Amazon Echo Dot vs. Google Nest Mini

Smart speakers and their respective personal assistants like Amazon Alexa or Google Assistant are a convenient way to stream your favorite music, control your smart home gadgets and ask nearly any question that may cross your mind. The best part? You can get started for less with Amazon’s $34.99 Echo Dot and Google’s $24.99 Nest Mini, the least expensive smart speakers you can get. But which one is best for you? Here’s everything… Source link

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3 big investing themes for the next decade: BlackRock strategist

Looking to escape the daily volatility in markets? Then find a few great investing themes and invest around those for the next decade, argues Kate Moore, BlackRock’s head of thematic strategy for the global allocation. “Three of my favorite themes are disrupting the consumer, the digital transformation and really thinking about climate and ESG opportunities around the globe,” the closely followed strategist revealed on Yahoo Finance Live.  Moore points to software companies as one way to bet… Source link

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Game maker says Apple, Google selling rip-offs in new lawsuit

Maker of popular game says Singapore company copied it Apple, Google sued for distributing alleged copycats The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) – The maker of the popular game “PlayerUnknown’s Battlegrounds” says in a new U.S. lawsuit that a… Source link

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Early top 25 rankings for 2022 season

Now that the 2021 college football season is over, it’s already time to start looking ahead to 2022. We’ll have a better idea of what teams will look like over the next few weeks as players declare for the NFL draft before the Jan. 17 early-entry deadline and coaches add transfers before shoring up their recruiting classes in February. But it’s not too early to make our first guess at what the top 25 will look like ahead of the 2022 season. As always, this is simply a first look. Things are… Source link

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Which NFL head coaching vacancy is most attractive?

Mike Florio and Peter King rundown the vacant head coaching positions in the NFL as of Tuesday morning, and decide which job is the most attractive for interested coaching candidates. Video Transcript [MUSIC PLAYING] MIKE FLORIO: Time now for PFT on Yahoo Sports. Peter King, Mike Florio. 18 teams are done for the 2021 season. And a third of those teams are looking for new coaches. Six vacancies already. Who knows what else may happen. But we know that six teams are looking for coaches. The… Source link

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Google can’t cloak documents showing an ‘antiunion campaign,’ NLRB judge rules

A judge appointed by the National Labor Relations Board has ruled that Google must turn over some 180 documents related to an internal campaign to fight union organizing efforts by employees. Dubbed Project Vivian, a Google attorney described the ongoing effort between 2018 and 2020 as a way to “engage employees more positively and convince them that unions suck,” according to one of the documents. The documents are part of a case the NLRB brought against Google in December 2020,… Source link

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Apple's Tim Cook made $98M in 2021 — how that compares to other tech CEOs – Yahoo Finance

Apple (AAPL) CEO Tim Cook is flush with cash. The head of the world’s first company to reach a $3 trillion market cap took home a staggering $98.7 million in stock and cash in 2021. That’s a 571% increase in his compensation compared to 2020. Cook, of course, has seen Apple through a slew of firsts including hitting a market cap of $1 trillion in 2018. Oh, and he also oversaw the release of everything from new versions of the Apple Watch to the company’s expansion into streaming… Source link

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‘If we have to raise interest rates more over time, we will’

Federal Reserve Chairman Jerome Powell told Congress Tuesday that if the pace of price increases do not come down, the central bank will get more aggressive with raising short-term borrowing costs. “If we see inflation persisting at high levels, longer than expected, if we have to raise interest rates more over time, then we will,” Powell said in a Senate Banking Committee hearing. Powell is facing the Senate for his renomination. President Joe Biden announced in November that he was… Source link

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