Amazon (AMZN) aims to hire 150,000 seasonal employees ahead of the busiest time of year for retailers. The e-commerce giant is offering lucrative incentives to lure talent amid a supply chain crunch and tight labor market. The average salary for seasonal jobs start at $18 per hour along with sign-on bonuses up to $3,000. Despite lucrative incentives, the question is whether Amazon and other giant retailers can convince enough people to work for them amid a red hot labor market.  Competition… Source link

IndexNow – new initiative by Microsoft and Yandex to push content to search engines Your privacy means the world to us. We share your personal information only when you give us explicit permission to do so, and confirm we have your permission each time. Learn more by viewing our privacy… Source link

The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks, reasons Goldman Sachs (GS) chief economist Jan Hatzius.  “I would say growth is clearly slowing. Obviously we are past the peak [growth] rate, but it’s a relatively graduate slowdown,” said Hatzius on Yahoo Finance Live.  Hatzius and his team made headlines earlier this month for cutting their 2021 GDP growth estimate to 5.6% from 5.7%. The group also issued a… Source link

The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As a result, the relevancy of these public filings and their content is indisputable, as they may reveal… Source link

We’ve seen the Pixel 6 and Pixel 6 Pro. Google’s decision to announce and thoroughly tease its new high-end flagship was revealing and confusing but, given all the leaks that followed, ultimately not that consequential. The Pixel 6 and 6 Pro feature an all-new, in some cases, quite colorful design, with an in-display fingerprint sensor, Google’s new Tensor SoC, and the Titan M2 security chip. The standard Pixel 6 has a 90Hz 6.4-inch screen, while the Pro gets a 120Hz 6.7-inch, but… Source link

Stock futures fell Monday morning to give back some gains after the S&P 500’s best week since July, with investors’ concerns over elevated inflation offsetting hopes that more companies will follow the lead of the big banks last week and post strong quarterly earnings results.  Contracts on the Dow dropped about 100 points, or 0.3%, with about two hours until the opening bell. The S&P 500 and Nasdaq also headed for lower opens. The moves tracked a drop in overseas equities after China… Source link

(Bloomberg) — Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted. Most Read from Bloomberg The stock gained as much as 0.9% to $850.99 in U.S. premarket trading on Monday, set for a 50% increase from a March 8 low of $563. That comes after eight weeks of gains, its longest winning streak since before the Covid-19 pandemic roiled markets. The… Source link

By David Wagner Investing.com — As a Bitcoin ETF in the United States will finally become a reality this week, some believe that Bitcoin will soon set new records, while others predict that investors will “sell the fact” after having “bought the rumor.” Indeed, it would not be the first time that Bitcoin has risen in anticipation of a major event, only to start falling as soon as that event becomes a reality. This was the case with the launch of CME Bitcoin futures in 2017, and more recently,… Source link

(Bloomberg) — Some of Southeast Asia’s old-money tycoons are boosting investment in technology startups, looking to ride a wave of surging valuations as they seek to counter the fallout of the pandemic on businesses ranging from retail to hospitality and manufacturing. Most Read from Bloomberg Holding companies, family investing arms and other vehicles of moguls from Thailand’s Dhanin Chearavanont to the Philippines’ Lance Gokongwei are either plowing millions of dollars directly into… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, October 19, 2021 Trash. That’s my word of the morning for you all.  My golf game was in trash-like form on Sunday afternoon while catching a quick 18 holes with Yahoo Finance senior columnist Rick Newman (whose play was not trash). I doff my cap to you, Sir Rick.  Trash was in my thoughts on the golf course (that led to trash play). I… Source link