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Goldman Sachs isn’t yet ready to join the chorus of its peers in calling a U.S. recession, but it sure appears to be inching closer to that frenzied camp. “We do put some weight on the historical patterns [of the labor market] and believe that the overheating of the labor market has raised the risk of recession meaningfully. The yield curve seems to discount a recession probability in 2023 of about one in three, roughly double the unconditional average, and we would broadly concur with this… Source link

Engineers at Russia’s biggest tech firm, Yandex, are fleeing the country and seeking foreign tech jobs. Current and ex-engineers recounted leaving Russia at short notice, often leaving spouses behind. Some said they are struggling to access their Yandex salaries from abroad. Alexei* doesn’t know when he’ll see his wife again. “She’s still in Russia. We call every night.”… 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 Tuesday, April 12, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter This week, first-quarter earnings season begins in earnest with the big banks, from JPMorgan Chase (JPM) to Goldman Sachs (GS), posting results. And this earnings season, there will be one clear factor separating the winners from… Source link

Yahoo Sports WNBA writer Cassandra Negley recaps all three rounds of excitement from the 2022 WNBA Draft. Video Transcript [MUSIC PLAYING] CASSANDRA NEGLEY: The WNBA welcomed 36 new players to its ranks on Monday night for the 2022 WNBA draft. The first was Rhyne Howard out of Kentucky. Atlanta Dream picked her number one after making a trade for that spot last week. Now the first round went off script, if you had followed mock drafts up until this point. And it started with the Indiana Fever,… Source link

Even Galileo would be shocked at how many bet slips are revolving around the Suns as we begin the NBA playoffs. Nearly 30% of all money wagered on championship futures is on Phoenix, who’s also seeing 55.2% of the Western Conference champs handle on BetMGM. If they rise from the ashes of last year’s Finals defeat to avenge themselves with a title, the sportsbooks are going to get burned by everyone who jumped onboard the Suns bandwagon. The cream of the NBA After Phoenix started this season… Source link

HASTINGS, Neb. (KSNB) – Our Local4 Scam Alert of the Week focuses on businesses, and in particular the business profiles they have on Google. We’ve all seen how businesses can share their phone numbers, addresses and even menus for restaurants, but what a lot of the business owners might not know is how easy it is to be scammed out of that profile online. Better Business Bureau Public Relations Director Josh Planos says it’s a relatively easy process for scammers. ”If you own a company,… Source link

Warning: Derogatory language below. Free agent quarterback Cam Newton appeared on a podcast Sunday, and proceeded to shove his entire foot directly into his mouth. While appearing on the “Million Dollaz Worth of Game” podcast, Newton discussed how he believes women should act, based on how his mother acted during his upbringing. “I had a perfect, a perfect example of what a man was in my life by my father. My parents have been together for 36, 37 years now and it’s a beautiful thing,” Source link

By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc’s $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as he balked at paying the insurer’s banking fee, a regulatory filing on Monday shows. Alleghany said its Chief Executive Officer Joseph Brandon met with Buffett for dinner in New York City on March 7, where after some “casual conversation” Buffett offered $850 per share in cash for the… Source link

Frank Vogel is out. Now, less than 24 hours since their season ended in sputtering disappointment, the Los Angeles Lakers offseason starts in overdrive. Up next on the docket: Figuring out what to do with Russell Westbrook and finding a new head coach — not necessarily in that order. The Lakers job is one of the biggest and most scrutinized in all of sports. Will they seek out an established veteran or an up-and-comer to lead LeBron James‘ twilight years? Candidates of both ilk were already… Source link

Employees are welcomed back to work with breakfast in the cafeteria at the Chicago Google offices on April 05, 2022 in Chicago, Illinois.  Scott Olson | Getty Images Google brought employees back into the office after two years of remote work last week, and the occasion was met with everything from marching bands to visits from prominent politicians as well as increased traffic.  Last week, Chicago Mayor Lori Lightfoot visited Google’s Chicago offices, which house roughly 2,000 employees,… Source link