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Bloomberg China’s Trade Surges as Global Stimulus Keeps Export Boom Going (Bloomberg) — China’s exports rose more than expected in April, suggesting its trade out-performance could last longer than expected this year, fueled by global fiscal stimulus.Exports grew 32.3% in dollar terms in April from a year earlier, the customs administration said Friday, exceeding the 24.1% median estimate in a Bloomberg survey of economists. Imports climbed 43.1%, a sign of strong domestic demand and… Source link

Future Hall of Famer Albert Pujols is being released by the Los Angeles Angels, the team announced on Thursday. The news was first reported by MLB.com’s Mark Feinsand.  Pujols is officially being designated for assignment, which means he’s being immediately removed from the team’s 40-man roster as a prelude to his eventual release. No reason has been given by the Angels or Pujols himself, but it may stem from an incident that reportedly happened on Wednesday.  In a statement, Angels owner… Source link

For the first time in a long time, concerns about inflation are intensifying as the economy strengthens. Even rate changes could be on the table as former Federal Reserve chair and current Treasury Secretary Janet Yellen said that interest rates might need to rise. As Bank of America pointed out in a recent research note, mentions of inflation on earnings calls are up 800% year over year. Higher prices of raw materials is pushing up the cost of food at the grocery store too. This level of… Source link

Shark Tank investor Kevin O’Leary may agree with billionaire investor Warren Buffett, and his right-hand man, Charlie Munger, on a number of things. The trading app Robinhood, isn’t one of them. The chairman of O’Shares ETF told Yahoo Finance Live, “I have ultimate respect for Charlie Munger. I’m a huge fan of his philosophy of investing. That doesn’t mean I can’t disagree with him on an issue like this.” At Berkshire Hathaway’s annual shareholder meeting in May, Munger tore… Source link

The Conversation Reducing methane is good for climate, health and can pay for itself – yet emissions are still rising fast, a new UN report warns Methane is the world’s second most abundant greenhouse gas. It doesn’t stay in the atmosphere as long as CO2, but it’s many times more potent. Photo by Don Bartletti/Los Angeles Times via Getty ImageMethane, the main ingredient in natural gas, is a larger climate problem than the world anticipates, and cutting its emissions will be crucial to… Source link

The New York Times ‘Turning the Corner’: U.S. COVID Outlook Reaches Most Hopeful Point Yet After weeks of coronavirus patients flooding emergency rooms in Michigan, the worst COVID-19 hot spot in the nation, hospitalizations are finally falling. On some recent days, entire states, including Wisconsin and West Virginia, have reported zero new coronavirus deaths — a brief but promising respite from the onslaught of the past year. And in New York and Chicago, officials encouraged by the recent… Source link

Share This Story, Choose Your Platform! Verizon recently announced that they would be selling Yahoo! and AOL to a private equity firm for about half the amount they bought the two properties for.  And so the Yahoo saga continues — and with this news, we have almost come full circle. If you are looking for more details about the history of this situation, you can find that here. For now, here’s a quick timeline of events: The early 2000s: Yahoo! is the king of the search engines 2003:… Source link

Verizon announced this week that it will sell its AOL and Yahoo assets to Apollo Global Management, Inc. for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo when the transaction closes. The deal allows Verizon Media to pursue other growth areas, which it hopes will benefit its employees, advertisers, publishing partners and approximately 900 million monthly active users around the world. “We are excited to be joining forces with Apollo,”… Source link

The Guardian I watched Arizona’s unprecedented election audit – here’s what’s happening Experts say the effort, trundling along slowly in Phoenix, is unreliable and dangerous Contractors working for Cyber Ninjas in Phoenix examine and recount ballots from the 2020 election. Photograph: Courtney Pedroza/Getty Images Sign up for the Guardian’s Fight to Vote newsletter Happy Thursday, I’m writing from Phoenix, where I’m spending the week covering a remarkable GOP audit of the 2020… Source link

The Facebook (FB) oversight board’s decision to uphold an indefinite ban on former President Trump’s account renewed calls for antitrust action against the social media giant Wednesday. But one lawmaker spearheading the charge to reshape the country’s antitrust law says Trump should be banned permanently. Speaking to Yahoo Finance, Sen. Amy Klobuchar (D, MN) said Trump’s refusal to admit defeat in the 2020 presidential election, and continued lies about election fraud are reason… Source link