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The economy is likely to blow hot and cold for the immediate future, Morgan Stanley’s copresident says, as the economy swings between fears of inflation and fears of contraction. Last week, Ted Pick, head of institutional securities at investment bank Morgan Stanley, joined bankers and investors from Jamie Dimon to Carl Icahn in warning that chances of a recession are steadily rising, marked by periods of a hot and cold economy. “There is a fire narrative, and that fire narrative is… Source link

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This article is part of our Yahoo DFS Baseball series. Monday will be mostly quiet across baseball with just six games on the schedule. The Angels, who have lost a stunning 11 games in a row, will try to snap their skid at home against the Red Sox. The Mariners and Astros will face off in a battle between two AL West teams that have playoff aspirations. Maybe the most intriguing matchup of the night will feature the Padres hosting the Mets. The Padres are trying to catch the Dodgers… Source link

I’ll be honest. Today might be the worst day for a non-Apple company to drop a raft of mobile operating system updates. But I suppose a Google Pixel feature drop waits for no one, Tim Cook and Company included — even if it means dropping a blog post the exact moment the WWDC 2022 keynote kicks off. For owners of the Pixel 4 through 6/6 Pro, however, rejoice, because you’ve got some stuff to celebrate today, too. There’s a wide range of features on-board here, including the… Source link

Greg Norman, the public face of the breakaway LIV Golf series, says the executives and agents who currently run golf “are conspiring against LIV to protect an antiquated system that prevents golfers from realizing their own power and worth amid a global movement of athlete empowerment.” In a story by the Washington Post titled, “The Shark is on the attack again,” Norman also criticized Rory McIlroy and others, suggesting they’ve been “brainwashed” against the LIV movement…. Source link

Google has agreed to pay $100 million to Illinois residents to settle a class-action lawsuit over one of its facial recognition features in Google Photos (via Gizmodo). The complaint alleges Google’s face grouping tool, which automatically identifies your face in photos and videos uploaded to Photos, violates Illinois’ Biometric Information Privacy Act (BIPA). Introduced in 2008, the BIPA bars companies from collecting and storing any sort of biometric data, including a “retina or… Source link

A Californian is going viral after sharing the biggest culture shocks she faced after moving to Iowa. The clip comes courtesy of Katie Bishop (@katphishhbishh), a podcaster and CRNA student now living in Iowa. Her video, about the most surprising differences between her old state and new one, now has over 800,000 views. Bitcoin ETFs: What are they and how to invest in them? It’s the latest entry in a long line of posts about culture shocks TikTokers have faced after moving. In one clip, an… Source link

Reuters  —  An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory” videos drove him out of politics. The Federal Court found the Alphabet Inc (GOOGL) company intentionally made money by hosting two videos on its YouTube website… Source link

(Bloomberg) — European Union sanctions on the founder and former head of Russia’s most popular Internet search engine show how an increasing number of Russian businessmen are facing measures that aim to punish the Kremlin for the invasion of Ukraine. Most Read from Bloomberg Arkady Volozh promptly resigned from the board and as chief executive officer of Yandex NV after being sanctioned on Friday by the bloc, which said the company omitted content critical of the Russian government from its… Source link

Tesla CEO Elon Musk is raising another obstacle in his $44 billion bid to buy Twitter (TWTR). In an SEC filing released Monday morning, Musk’s counsel said Twitter has not coughed up adequate data on the company’s users, committing a “clear material breach” of the company’s obligations as part of its merger agreement. “Based on Twitter’s behavior to date, and the company’s latest correspondence in particular, Mr. Musk believes the company is actively resisting and thwarting his information… Source link