Yahoo News

Yahoo Australia has launched a major marketing campaign for its search engine in an attempt to gain a greater share of the market which is heavily dominated by Google. The Yahoo Search for Change campaign, developed by CHE Proximity, plays into consumers’ privacy concerns and reminds them they have a choice with which search engine they can use. According to reports, Google more than 90% of the search engine market in Australia. The push comes a week after Verizon announced it is… Source link

Axios GOP senators hoping White House will counteroffer their infrastructure proposal Top Republican senators are hoping the White House will make some sort of counteroffer to their infrastructure proposal when they meet with President Biden on Thursday, lawmakers and their aides tell Axios.Why it matters: This is a sign of how serious the negotiations are, they say. In advance of the meeting, some of the senators are already publicly signaling the areas in which they have flexibility.Stay on… Source link

Bitcoin and ether seem to be more sensitive to a fickle global stock market. But that hasn’t affected aave and uniswap and other altcoins making huge upward swings, fueled by DeFi hype. Aave (AAVE) trading around $567 as of 21:00 UTC (4 p.m. ET). Gaining 27.7% over the previous 24 hours. Uniswap (UNI) trading around $40.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.6% over the previous 24 hours. Ether (ETH) trading around $4,090 as of 21:00 UTC (4 p.m. ET). Gaining 0.33% over the previous 24… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * U.S. consumer prices jump most since June 2009 * Megacap growth stocks weigh heaviest * Energy shares gain as crude climbs * Indexes down: Dow 1.99%, S&P 2.14%, Nasdaq 2.67% (Updates with closing prices) By Stephen Culp NEW YORK, May 12 (Reuters) – Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled… Source link

Inflation is back, and consumers have noticed. Consumer prices in April rose by the most in 12 years, as product shortages conspired with strong demand by consumers emerging from the coronavirus pandemic. Annual inflation is now 4.2%, a pace economists expect to persist and maybe rise further during the next few months. Household budgets are suffering. In a new Yahoo Finance-Harris poll, 53% of respondents say their household income is failing to keep up with inflation. Fifteen percent say… Source link

Bitcoin is expensive. Too expensive, according to Mike Novogratz. People are being put off by its high price. To attract smaller savers, exchanges should switch to quoting in satoshi: Satoshis are bitcoin’s equivalent of cents, except there are far more of them. Just as one dollar is made up of 100 cents, so one bitcoin is made up of 100 million satoshis. This is defined in the Bitcoin system’s original code.  In Bitcoin’s early days, when the bitcoin currency was only worth a few… Source link

The New York Times Before Any Diplomacy Begins, Israel Attacks Gaza With Ground Forces BRUSSELS — American and Egyptian mediators are heading to Israel to begin de-escalation talks, but the antagonists face critical political decisions before they will agree to begin discussions on ending the violence. Both Israel and Hamas first have to find ways to spin a narrative of victory for their publics, analysts say, but the task will be easier for Hamas than for Israel. Israel’s caretaker prime… Source link

Federal Reserve officials are reiterating that single data points will not sway the central bank’s patience on its easy money policies. Inflation data on Wednesday morning showed consumer prices increasing at the fastest rates in over 10 years. But Fed Vice Chairman Richard Clarida said later in the morning that he was “surprised” by the reading but unmoved from a policy perspective. “This is one data point, as was the labor market report,” Clarida said, referencing the Source link

TPC Craig Ranch hops in this week to fill the void of hosting the AT&T Byron Nelson. They have a five-year contract for this event but as we saw with Trinity Forest, that could end sooner if it doesn’t go well. What do we know about Craig Ranch? It’s a par 72 that will play over 7,400 yards. The course has been soaked with rain in the lead-up to the event. The zoysia fairways don’t get much run to begin with so we should expect big hitters to have a nice advantage if they don’t move up some… Source link

By Kirstin Ridley LONDON (Reuters) – An Australian computer scientist who alleges he created bitcoin has launched a London High Court lawsuit against 16 software developers in an effort to secure bitcoin worth around 4 billion pounds ($5.7 billion) he says he owns. In a case that was promptly labelled “bogus” by one defendant, Craig Wright is demanding that developers allow him to retrieve around 111,000 bitcoin held at two digital addresses that he does not have private keys for. In his second… Source link