Yahoo News

On one hand, they are deliciously creamy, versatile and gloriously Instagram-mable. On the other, they leave an enormous carbon footprint, which hasn’t stopped consumers from slathering them on everything in a way that’s led to a dramatic boost in consumption in recent years. Americans have a “hefty” appetite for avocados — one that’s adding to widespread food price pressures and general scarcity, according to Zhengfei Guan, an associate professor of food and resource economics at the Source link

Customers and companies alike are getting nervous about soaring inflation — but Krispy Kreme (DNUT) is a notable exception. CEO Mike Tattersfield told Yahoo Finance visits are “infrequent” enough that higher prices on its donuts is not steering customers away. “The average user visits a Krispy Kreme two and a half times a year,” Tattersfield told Yahoo Finance in a recent interview. When visitors do walk through the doors, “it’s about a celebration…it’s about a shared experience,” the… Source link

Investors will shift their focus from Putin to Powell in the week ahead when the Federal Reserve Chair testifies before lawmakers Wednesday and Thursday for clues in his remarks on how geopolitical risk could impact the central bank’s path forward on lifting interest rates. Traders will also tune in to the Labor Department’s February jobs report Friday for the latest snapshot on the U.S. job market recovery. Russia’s foray into Ukraine and punishing sanctions on the country and… Source link

Biden administration officials and Democrat senators are considering a suspension of the federal fuel tax in order to combat record inflation levels ahead of the Federal Reserve’s planned rate hikes. The proposition has received bipartisan pushback from legislators who are skeptical about the efficacy of a gas tax holiday. According to the Tax Foundation, a Washington, D.C.-based think tank which collects data and publishes research studies on U.S. tax policies at both the federal and state… Source link

A new database released by Georgetown University’s Center on Education and the Workforce (CEW) ranks 4,500 colleges and universities based on their return on investment (ROI). “At 1,233 postsecondary institutions (30% of all colleges), more than half of students 10 years after enrollment earn less than a high school graduate,” the Center wrote in its accompanying report. “CEW’s previous research suggests that these low earnings may be related to low college graduation rates and… Source link

Yahoo mail will officially stop working in mainland China from tomorrow, February 28. The company has already windup all its other operations in the country. HIGHLIGHTS Yahoo mail will stop working for people in mainland China from February 28. Microsoft, Google, and Yahoo are all exiting China due to increased government scrutiny. The news may prompt a further exodus of companies from the world’s most populous country. Yahoo previously announced that from November 1, 2021, users will not be… Source link

Mike Cole insists that, until a few months ago, he gladly would have accepted $500 in exchange for his unused ticket to Michael Jordan’s 1984 NBA debut. Thankfully for him, nobody ever made him that low-ball offer. A ticket that Cole stashed for years in his basement alongside some other old keepsakes turned out to have more than just sentimental value. It was one of two tickets that nearly doubled the previous record for the most expensive vintage sports ticket when their auctions closed… Source link

Tom Forte bought a desk made from recycled skateboards on Etsy (ETSY) during the pandemic, then a matching stool. What’s unusual about Forte isn’t that he bought something on the site — 96 million people did that last year. What’s unusual is his gender. Forte’s familiar with Etsy in part because he’s an analyst at D.A. Davidson who covers the stock. But the company’s own 2020 research found that 50% of male-identified customers in the U.S. weren’t even aware the company… Source link

Russia invaded Ukraine Thursday, shelling key strategic targets.Vadim Zamirovsky/AP Morgan Stanley Wealth Management CIO Lisa Shalett said the Russia-Ukraine conflict will keep markets in risk-off mode for weeks. She said a rapidly-changing situation often results in a flight out of risk assets, but this isn’t a good strategy in the longer run. Russia invaded Ukraine on Thursday in the region’s largest military operation since World War 2. Financial markets have been roiled this week after… Source link

JUPITER, Fla. – The deadline set by Major League Baseball to ensure a 162-game season and save the scheduled March 31 opening day is now close enough you could measure the time left to get a deal in hours, not days. If there is no deal by Monday, the league has said that it will start canceling regular season games, and has publicly avowed that those games will not be rescheduled and players will not be paid for them. So to say it was a bad sign that bargaining ended Saturday with the… Source link