Stocks mixed, oil prices resume advances

Stocks traded mixed Monday to steady after last week’s gains, while energy prices resumed a march higher. The S&P 500 edged slightly higher, while the Dow and Nasdaq dipped. Trader’s paused after last week’s gains, when the S&P 500 posted its first weekly advance in three weeks and its largest since November 2020. The Treasury yield curve steepened, and the benchmark 10-year yield rose to top 2.2%. Energy and commodity prices spiked amid the latest developments in Russia’s war in Ukraine. As… Source link

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Is It A Google Ranking Factor?

Does Google use a quality score similar to the one in Google Ads as part of its organic search ranking algorithm? This has been hotly debated over the years, to the extent there are even articles out there telling you how to optimize for it. But is there actually an organic quality score? And does it impact your rankings? Let’s explore some of the resources and discussion on this whole Google organic quality score concept and see if we can get to the truth. The Claim: Website Quality… Source link

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Usurping Dollar’s Dominance Over World Is a Near Impossible Task

(Bloomberg) — Dethroning the dollar is easier said than done. Most Read from Bloomberg That’s the conclusion of investors after Washington’s freeze of Russia’s dollar holdings created fresh impetus among central bankers to rethink the security of access to foreign-exchange reserves. The move fueled speculation that countries such as China could redouble efforts to unshackle itself from greenback-denominated financial systems and look for alternatives. While Goldman Sachs Group Inc. and… Source link

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Eating at a restaurant roars back from the COVID-19 pandemic: survey

Splurging on a night out at a restaurant is coming back in fashion for some, according to a new survey from Evercore ISI. The survey found a COVID-era record 74% of people say they are comfortable eating at a restaurant, above the prior high of 70% last summer. “We believe much of this increase is due to the recent 94% reduction in COVID cases in the U.S. Importantly, COVID fatigue also seems to be impacting comfort levels — comfort is higher than at any point in time since the start of the… Source link

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The stock market is depressed, and apparently that’s great: Morning Brief

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, March 21, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Markets have rallied nicely off the early March lows that were triggered by the start of Russia’s war on Ukraine, but they are still dealing with a bout of depression. The percentage of… Source link

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Berkshire Hathaway to Acquire Alleghany Corporation for $848.02 Per Share in $11.6 Billion Transaction

All-cash transaction provides significant premium, delivering substantial and certain value for Alleghany stockholders Strong strategic fit between Berkshire Hathaway and Alleghany Alleghany and its subsidiaries will continue to operate as an independent entity with increased capital strength and support from Berkshire Hathaway OMAHA, Neb. & NEW YORK, March 21, 2022–(BUSINESS WIRE)–Berkshire Hathaway (NYSE:BRK.A; BRK.B) and Alleghany Corporation (NYSE:Y) today jointly announced they have… Source link

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Disputed no-call derails TCU’s upset bid

After his program came devastatingly close to its first Sweet 16 in 54 years, TCU men’s basketball coach Jamie Dixon tried his best not to blame the loss on the referees. Not once did he complain about the disputed no-call that robbed his team of the chance to potentially finish off top-seeded Arizona at the free-throw line. “I mean, I think everybody’s seen it and is talking about it,” Dixon said when reporters asked if he thought a foul should have been called. “We’re gonna handle it the… Source link

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Google acquires microLED startup Raxium

San Francisco: Google has reportedly acquired Raxium, a five-year-old startup focused on developing microLED displays for AR and VR applications. The terms of the deal are unknown, but Google put a value of $1 billion on Raxium, according to a report from The Information. microLED is similar to OLED in that it doesn’t use a backlight, instead, each pixel emits its own light. Two years ago it acquired North, a pioneer in human computer interfaces and smart glasses, has built a strong… Source link

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McDonald’s is bringing back Szechuan Sauce — while supplies last

McDonald’s (MCD) is bringing back its fan-favorite Szechuan Sauce. Beginning on March 31, and for “only a few days,” the sauce will be available for free with any Chicken McNuggets order at U.S. locations. There’s a catch though, the dipping sauce will only be sold via the McDonald’s app. This is the sauce’s fourth return to the Golden Arches since its debut 24 years ago as a promotional tie-in to Disney’s animated movie “Mulan.” The sauce made a cult-fan comeback 20 years later, in 2017,… Source link

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Miami upsets Auburn, advances to Sweet 16

With just over six minutes left for his team to save its season on Sunday night, Auburn coach Bruce Pearl made an eye-opening decision. He substituted for Walker Kessler with the second-seeded Tigers trailing by 10, benching the all-SEC 7-footer to go with a smaller lineup. While 10th-seeded Miami had to wait a little while longer to celebrate a 79-61 victory and an improbable berth in the Sweet 16, Pearl’s desperation move was the equivalent of him raising a white flag. In a second-round… Source link

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