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CLOSE Yahoo and Walmart want you to shop from your email inbox. (Photo: Verizon Media) On Monday, Verizon Media added a feature to Yahoo Mail that lets you shop from a not-so-sexy place: Your inbox.  Through a partnership with Walmart, Yahoo email users can now browse, add to cart and buy groceries from the supermarket giant without leaving their inbox. The move comes during the pandemic as more people order online and retailers find more abstract ways to sell merchandise.  “Because of… Source link

Monday, July 20, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe S&P 500 turnover is unpredictable in a bullish way Could the stock market deliver extraordinary returns over the next decade? As we’ve written before, some of the more widely-followed stock market forecasters believe the average annual total return for stocks, which includes dividends, will be far below the 10% level investors might expect for the risk and time commitment.

(Bloomberg) — Apple Inc. will soon invite a mainland Chinese company into the exclusive club of global iPhone assemblers, marking the biggest change to a decade-old production model just as Washington-Beijing tensions escalate. Luxshare Precision Industry Co. struck a deal to acquire Wistron Corp.’s iPhone unit and become the first mainland company to assemble Apple’s marquee device. It’s another win for a company that went from making cables and antennas to AirPods, sending its shares… Source link

India’s coronavirus crisis continues to worsen at an alarming rate, recording more than 40,000 cases in a single day for the first time on Sunday. On Friday, the virus-hit nation became only the third country to surpass the daunting milestone of one million cases after the US and Brazil. On Sunday India recorded 675 deaths, the tenth consecutive day it has recorded more than 500 daily deaths. Governments have rushed to try and stop the alarming surge in cases with a series of measures… Source link

(Bloomberg) — Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup Inc. Prices are benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, analysts including Ed Morse wrote in the bank’s third-quarter commodities outlook. Gold is expected climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000… Source link

NEW YORK (AP) — Organizers of a national strike say tens of thousands of workers are set to walk off the job Monday in more than two dozen U.S. cities to protest systemic racism and economic inequality that has only worsened during the coronavirus pandemic. Dubbed the “Strike for Black Lives,” labor unions, along with social and racial justice organizations from New York City to Los Angeles, will participate in a range of planned actions. In places where work stoppages are not possible… Source link

(Bloomberg) — Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms. The startup plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering, co-founder Yashish Dahiya told Bloomberg News. Policybazaar is now selecting two to three IPO lead underwriters from a roster that… Source link

Who is the GOAT of GOATs? The greatest of the greatests? An answer to the question: Who is the greatest athlete of all time? We’ve asked you to vote, and now we’re down to the final two: Wayne Gretzky vs. Michael Jordan. When you vote, keep this in mind: It’s impossible to compare players of different sports. What we can attempt to determine is this: Who dominated their competition the most? That’s ultimately the question we’re trying to answer here. So let’s get to it to determine… Source link

“If I wasn’t who I was today, I’m no different than anybody else of color.” That was part of Jimmy Butler‘s logic for requesting a blank nameplate on the back of his jersey during the restart in Orlando, as Butler told Vincent Goodwill of Yahoo Sports. The idea of the blank nameplate has not cleared by the NBA “as of now”, reports Tim Reynolds of the AP (the Heat are prepping a “Butler” jersey currently, reports Ira Winderman of the Sun-Sentinal). Per sources, it appears as… Source link

A quarter of a billion people are set to lose their jobs this year, the Microsoft president has said, warning millions will need to learn new skills.  Brad Smith said the globe faces a huge jobs challenge, requiring millions up-skill to get new jobs or keep their current one.  But, he added, even this doesn’t take into account “internet inequality”.  “It’s true that the nature of work varies widely around the world. Not all jobs can be digitised, particularly in the developing… Source link