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The head of the largest U.S. bank said markets are underestimating the speed by which he expects the Federal Reserve to raise interest rates. In a letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon added that short-term borrowing costs need to be “substantially” higher to address the rapid pace of price increases. “The stronger the recovery, the higher the rates that follow (I believe that this could be significantly higher than the markets expect),” Dimon penned in… Source link

Google has a new recycling attribute label you may be able to add to your Google Business Profile, the company announced. This attribute can be used to highlight if your business offers recycling services for its customers. Google said this makes “it easier than ever for people to find nearby recycling points on Search and Maps.” What it looks like. You may be able to see examples of this in the wild for queries such as [battery recycling near me] or similar kind queries. But here is an… Source link

Google has made its Cloud Edge hardware generally available. The company this week announced the availability of Google Distributed Cloud Edge (DCE), including Google Distributed Cloud Edge Appliances. Google said DCE allows customers to run 5G Core and radio access network (RAN) functions at the Edge, enabling applications including anomaly detection using machine vision,… Source link

U.S. stock futures traded mostly higher Monday morning as investors monitored the potential for more sanctions against Russia amid ongoing concerns over inflation and global economic growth. Contracts on the S&P 500 traded slightly higher as the index looked to hold onto last week’s gains. The Dow was flat to slightly higher, while the Nasdaq Composite rose 0.4% as technology shares outperformed in pre-market trading. Shares of Twitter (TWTR) soared by more than 20% after Tesla (TSLA) CEO… Source link

After two years of mostly remote work and months of changing plans about when to bring people back to the office, Google’s hybrid work arrangement begins today. That means that most employees will be expected to be in the office three days each week, with the rest of the time spent working remotely. Google has spent a considerable amount of time and energy reconfiguring office spaces to accommodate a hybrid work arrangement and to give employees peace of mind about returning even though we… Source link

By Nivedita Balu (Reuters) – Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a rise of more than 27% in the company’s shares. Musk’s move, revealed in a regulatory filing, comes on the heels of his tweet that he was giving “serious thought” to building a new social media platform, while questioning Twitter’s commitment to free speech. He also started a poll asking Twitter… Source link

Google’s John Mueller answered a question in a Google SEO office-hours video about whether rankings could be affected by a banner popup. John answered the question and then shared the technical background of why banners may have a negative effect as well as other issues related to Core Web Vitals. The answer to the question involves more than just the banner. The answer is more technical because of ranking factors related to Core Web Vitals which can also be influenced by things like popup… Source link

Google’s John Mueller answered an interesting question about whether Google treats sites in different niches differently. John Mueller said that it’s true that Google’s algorithm handles different content differently but it’s not the case that Google treats niches differently. Niche-Specific Ranking Factors There is an idea that ranking factors differ across niches, based on looking at the kinds of sites that are top ranked. For example, studies published by some SEO tool sites… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, April 4, 2022 “Cash is trash,” billionaire Ray Dalio told me in a chat recently (more on that below). And he may be right as it pertains to the current investing backdrop. Cash allocations are almost two times more than last year’s levels, according to new data out of Bank of America. The data looks at the average recommended allocation to… Source link

(Bloomberg) — A hawkish Federal Reserve, high inflation, war and pestilence are among the reasons to doubt the U.S. stock market rebound. Technical studies suggest such naysayers risk missing out on a run to a record high. Most Read from Bloomberg Skeptics are presently fixated on proliferating inversions across the Treasury yield curve, where shorter-term yields exceed those for longer tenors. Some view that as a harbinger of an economic downturn that will hurt stocks. While bear markets tend… Source link