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, September 7, 2021 With unemployment down and pay up, Delta variant is clearly ‘scaring off customers’ The usual summer doldrums — and one particularly implacable virus — clearly took its toll on U.S. job creation last month. The market’s most closely watched high-frequency data series was an unmitigated letdown in August, with new… Source link

UK prime minister Boris Johnson plans to raise national insurance rates by an expected 1.25 percentage points. Photo: Toby Melville/Pool/Reuters Markets made moves lower on Tuesday in London as an announcement by prime minister Boris Johnson that the UK will implement a tax rise of more than £12bn a year reverberated. The tax rise will finance a new tranche of spending on health and social care and has been met with a wave of opposition from Conservative MPs. It is the largest tax increase in… Source link

You may well have seen sci-fi movies or television shows where the protagonist asks to zoom in on an image and enhance the results – revealing a face, or a number plate, or any other key detail – and Google’s newest artificial intelligence engines, based on what’s known as diffusion models, are able to pull off this very trick.   It’s a difficult process to master, because essentially what’s happening is that picture details are being added that the camera didn’t originally capture,… Source link

(Bloomberg) — Most Asian stocks rose Tuesday as Japan extended a rally and traders took heart from indications that the global recovery is weathering challenges from the delta virus variant. Japan’s Nikkei 225 hit 30,000 for the first time since April as an index reshuffle added to optimism that a new prime minister will usher in favorable policies. China climbed, aided by a continuing rebound in technology stocks and better than expected trade data. S&P 500 and Nasdaq 100 futures edged up… Source link

(Bloomberg) — George Soros criticized BlackRock Inc.’s China push as a risk to clients’ money and U.S. security interests, in the billionaire financier and philanthropist’s latest broadside against investment in the world’s second-largest economy. “Pouring billions of dollars into China now is a tragic mistake,” Soros wrote in an op-ed in the Wall Street Journal. “It is likely to lose money for BlackRock’s clients and, more important, will damage the national security… Source link

In this article, we discuss the 10 trending stocks on Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Trending Stocks on Reddit. The finance world has been rocked in recent months by the dramatic influx of retail investors on the marketplace. According to a report by professional services firm Deloitte, the COVID-19 pandemic played a central part in this story, as more than 10 million Americans opened a brokerage account in 2020. In January 2021, at the… Source link

You can find your Google Collections tab in the Google search app.  NurPhoto/Getty images Google… Source link

The former Verizon Digital Media Services unit, including its serverless and Content Delivery Network (CDN) services, has rebranded as Edgecast as Apollo Global completes its acquisition of Yahoo!/Verizon Media. Edgecast offers Edge Computing, CDN, and streaming delivery services, as well as a Functions-as-a-Service (FaaS, also known as serverless computing) offering called [email protected] Verizon acquired Yahoo! In 2017 and merged it with its Verizon Digital Media Services business… Source link

Senator Joe Manchin (D-WV) threw a monkey wrench into Democratic plans to quickly pass their proposed $3.5 trillion budget plan with an op-ed last week that called for a “pause.” And while the Democratic-led House is “moving at light speed” to pass the legislation, Rep. Kevin Brady (R-TX) said on Yahoo Finance Live (video above), Sen. Manchin — who holds a crucial swing vote in the upper chamber — is “asking exactly the right questions.” Some experts predict that for the bill to… Source link

The world’s largest multichannel video game retailer GameStop is expected to report its fiscal second-quarter loss of -$0.67 per share, an improvement from a loss of -$1.40 per share seen in the same period a year ago. The Grapevine, Texas-based company would post year-over-year revenue growth of about 20% year-on-year to around $1.1 billion. EPS estimates have been exceeded twice in the last four quarters. GameStop Corp. will report second-quarter fiscal 2021 earnings results after the… Source link