During this holiday-shortened week, traders will be keeping an eye on new inflation data at the producer level, as well as the early impacts on the labor market from the expiration of a crucial source of unemployment insurance during the pandemic.  Under Congress’ Coronavirus Aid, Relief, and Economic Security (CARES) Act, millions of Americans were offered additional unemployment support during the pandemic with augmented federal unemployment benefits. These programs expire nationally on… Source link

Over the past month, the crypto market has looked like a rising tide for all coins — but data suggest growth across the asset class hasn’t been equal. Last week, Bitcoin (BTC-USD) breached $50,000 for the second time in two weeks, extending a rally that put a grim sell-off that started in May further in the rear-view mirror. While notable for its volatility, gains in the the largest cryptocurrency may have gotten lost in the swell of rising prices across the entire asset class. With a… Source link

Restaurants walloped by COVID-19 have suffered a silent epidemic of financial woes among an unlikely segment: Franchise eateries. The pandemic’s impact on the food industry has been well chronicled, with many having to shutter, drastically cut staffing and hours, or resort to other desperate measures just to stay afloat. However, some experts say franchises — third party operators licensed by larger brands — are just as vulnerable to closure and operational struggles, like food and… Source link

Whether you are attending an online class or a corporate meeting, Google Meet has the tools to give you the best experience. One of my favorite tools is the ability to record your meetings.  Recording your Google Meet meeting can have various benefits. For corporate meetings, it can help team members revisit topics that were discussed. It can also replace logging more traditional minutes during the meeting. For students, they can use a recording of their professor’s lecture as a… Source link

By Mei Mei Chu and Naveen Thukral PERAK, Malaysia/SINGAPORE (Reuters) – In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate. A coronavirus pandemic-induced labour crunch has forced managers of the 2,000-hectare estate in Slim River to find creative ways to upkeep their fields, even as prices of the world’s most consumed edible oil are… Source link

Good news for Apple CarPlay users! Apple, which has been working to increase the experience it offers while driving, has agreed with Yandex.   Developing technology continues to make our lives easier day by day. One of the clearest examples of this is the interfaces for our cars such as Android Auto and Apple CarPlay. These features, which are used to facilitate phone control, make your vehicle smarter and provide a safe drive, come up with innovations. The number of innovations, especially on… Source link

Chronic absenteeism by school students is one of the many problems exacerbated by the COVID-19 pandemic. EveryDay Labs is a startup looking to boost attendance rates by 10% to 15% districtwide. The company recently announced an $8 million Series A round of financing led by female-only venture capital fund Rethink Impact. “Even before the pandemic, 1 in 6 students missed 10% or more of school days,” EveryDay Labs CEO Emily Bailard told Yahoo Finance. “Now, since the pandemic, that’s… Source link

Wildfires are taking a toll on the West Coast right into the end of the summer, with water shortages a top concern for local leisure and hospitality businesses. But according to Tom Danowski, Oregon Wine Board President, there’s an “oversupply” of wine across the nation — even with demand for alcoholic beverages on the rise. “Look at your shelf and your store, you’ll see quite a bit more wine than you might have ever thought could ever [have] been produced,” he told Yahoo Finance LIVE. He… Source link

Let’s say you’re a well-to-do businessman or woman or otherwise successful professional. You’ve put in the time to hone your craft, made the right career moves, climbed the corporate ladder, and likely drive home in your German-built, luxury sports sedan. Yes, you’ve made it, and now you might be thinking to yourself, “It’s time I bought that status symbol that lets everyone else know I’ve made it whenever I walk into a room” — a Rolex. Well I’ve got some bad news for – you… Source link

Former Theranos CEO Elizabeth Holmes’ possible defense strategy claiming that her ex-boyfriend and former business partner abused her could benefit her in a high-stakes criminal fraud case, two legal experts told Yahoo Finance. Opening arguments begin Wednesday in a trial that could land her in prison for up to 20 years if she’s convicted of using her blood-testing startup to defraud investors and patients. “I think that [abuse claims] are a possible benefit to her in that if a jury is… Source link