August marked the seventh straight month of gains for the S&P 500 (^GSPC) as investors ignored softening U.S. economic data at the hands of the COVID Delta variant.  But investors may be wise to stop ignoring the data, and position for a September rife with market volatility, says the team at Goldman Sachs.  “General mobility statistics have weakened, full-service restaurant indicators have softened, travel intentions appear to have faded and retail traffic declines (off of 2019 levels) have… Source link

Wealthy people are bracing for potentially higher taxes that could hit their bank accounts as soon as this year, while lower- and middle-income Americans could end up enjoying tax breaks from Uncle Sam that were originally only temporary. Last week, the House passed a $3.5 trillion budget plan that may ultimately include numerous Democratic proposals for taxing high-income earners and corporations and expanding tax credits for middle- and low-income earners. Democrats are still writing the… Source link

PARIS (AP) — Google is appealing a 500 million euro ($591 million) fine issued by French regulators over its handling of negotiations with publishers in a dispute over copyright. The dispute is part of a larger battle by authorities in Europe and elsewhere to force Google and other tech companies to compensate publishers for content. “We disagree with a number of legal elements, and believe that the fine is disproportionate to our efforts to reach an agreement and comply with the new… Source link

The Google logo displayed on a smartphone with several newspaper front pages pictured in the background. Hakan Nural | Anadolu Agency via Getty Images Google said on Wednesday it was appealing against a 500 million euro ($591 million) fine imposed by France’s antitrust watchdog in July over a dispute with local media about paying for news content. The fine came amid increasing international pressure on online platforms such as Google, part of Alphabet Inc, and Facebook to share more of the… Source link

The front of the Pixel 5a. It has a great design at any price point. Ron Amadeo … Source link

The amended Telecommunications Business Act was approved by the country’s National Assembly on Tuesday, with the backing of President Moon Jae-in’s party. It will become law once President Moon signs it. Under the new law, developers will be able to select which payment systems to use to process in-app purchases, meaning they may be able to bypass hefty charges imposed by the two longtime leaders. Apple’s commissions, for example, go as high as 30% on some purchases made through the… Source link

Sundar Pichai, senior vice president for Chrome at Google Inc., holds up a new Chromebook Pixel as he speaks during a launch event in San Francisco, California, U.S., on Thursday, Feb. 21, 2013. Google Inc., owner of the world’s most popular search engine, debuted a touchscreen version of the Chromebook laptop, stepping up its challenge to Microsoft Corp. and Apple Inc. in hardware. David Paul Morris | Bloomberg | Getty Images Google is edging closer to rolling out its own central processing… Source link

TAIPEI — Google is developing its own central processors for its notebook and tablet computers, the latest sign that major tech players see in-house chip development as key to their competitiveness. The U.S. internet giant plans to roll out the CPUs for laptops and tablets, which run on the company’s Chrome operating system, in around 2023, three sources with knowledge of the matter told Nikkei Asia. Google is also ramping up its efforts to build mobile processors for its Pixel smartphones… Source link

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Google may be working on a new wireless charging stand for its Pixel phones, according to a leaked image of a retail inventory backend mentioning a “Google Pixel 23W WL Stand” published by Android Police. The name suggests the charger could support 23W wireless charging, and if Google does end up releasing this stand, it seems likely that the upcoming Pixel 6 and Pixel 6 Pro would support 23W charging as well. … Source link