Costco stock surges during Russia-Ukraine war as traders seek safehavens

Costco (COST) has turned into the ultimate safe-haven investment (yet again) as markets have gotten uprooted due to the Russian war on Ukraine. Shares of the warehouse giant have gained about 8% since the war began in late February. The S&P 500 and Nasdaq Composite are down slightly during that same span. Walmart’s stock (WMT) is up 5% The buying activity likely reflects several factors. First is that Costco is a mostly U.S.-focused operation, meaning less relative geopolitical risk to the… Source link

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Biden set to sign widely awaited order to study crypto, digital dollar

President Joe Biden on Wednesday will officially sign an executive order directing agencies to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide approach to regulating digital assets. The long-awaited order lays out a national policy for digital assets across priorities, including, consumer and investor protection, financial stability, illicit finance, maintaining U.S. leadership in the global financial system and financial inclusion. The… Source link

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Oil’s magic number that everyone is talking about: 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 Wednesday, March 9, 2022 With prices ‘unhinged,’ next stop could be $150 (or higher) Uncle Sam is preparing to hit the Siberian bear where it hurts. And a lot of people will be feeling the pain. On Tuesday, President Joe Biden vowed to do the previously unthinkable: ban Russian energy imports in response to its invasion of Ukraine. Although… Source link

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Are XML Sitemaps A Google Ranking Factor?

Not to be confused with HTML sitemaps, which are designed to be viewed by humans, XML sitemaps are solely for search engines. Given that XML sitemaps are intended to assist Google, site owners may assume they play a role in search rankings. SEO experts even suggest XML sitemaps are so crucial to search that the absence of one can negatively impact rankings. Alternate claims suggest Google has progressed past the need for XML sitemaps, and site owners can forego them altogether. Despite only… Source link

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Yahoo ‘Brazen’ In Ripping Off Droplets’ Web IP, Jury Told

By Bonnie Eslinger (March 8, 2022, 10:15 PM EST) — Yahoo Inc. has been “brazen” in its unlicensed use of Droplets Inc.’s patented technology for quickly updating web pages while tech giants such as Facebook and Amazon eventually agreed to pay license fees, the startup’s lawyer said Tuesday during opening statements in a California federal court patent infringement trial. Kicking off the proceedings, Droplets’ lawyer Courtland Reichman of Reichman Jorgensen Lehman & Feldberg LLP told… Source link

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Deshaun Watson has 2 big legal proceedings: criminal, civil

Two key steps in the criminal investigation into Houston Texans quarterback Deshaun Watson are scheduled to unfold Friday, attorneys in the case told Yahoo Sports. Watson is slated for his first deposition in the sexual misconduct civil lawsuits brought against him, with the quarterback’s legal camp preparing him to plead the Fifth in testimony. It’s happening just as the Harris County District Attorney’s Office begins presenting evidence to a Houston grand jury in Watson’s criminal… Source link

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Oil prices — and how fast they’re moving — threaten to ‘wipe out’ drivers: Analyst

Oil prices are perched at 14-year highs, which has also driven a gallon of regular gas above $4, stoking new inflationary fears and pressuring already sticker-shocked consumers. And with the U.S. now moving to curtail Russian oil imports — and leaning on allies to do the same — as punishment for invading Ukraine, it’s not just the absolute price level that has market watchers concerned. “It’s just the speed of this move [that’s] concerning because it wipes out people in certain areas,”… Source link

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Stock futures open lower to extend earlier declines

Stock futures opened lower Tuesday evening following another volatile session on Wall Street. Concerns over the impact that the punitive measures countries and companies have taken against Russia have weighed on U.S. equity markets. The S&P 500 dropped another 0.7% on Tuesday to bring its year-to-date losses to 12.5%. The Dow shed more than 0.5% to sink further into a correction, while the Nasdaq Composite extended losses after sliding into a bear market earlier this week. President Joe… Source link

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How Google Search Console Tracks ‘People Also Ask’ Performance Data

Google clarifies how performance data for pages in the ‘people also ask’ section is measured in Search Console – such as clicks, impressions, and positions. This topic is discussed during a recent Google Search Central SEO office-hours hangout. An individual named Aakash Singh joins the livestream to ask how Google Search Console tracks data for pages appearing in ‘people also ask’ snippets. Google Search Advocate John Mueller answers the question by explaining how Search Console… Source link

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Google dupes diners, sidelines restaurants for delivery profits – lawsuit

The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Summary Law firms Related documents Proposed class action says Google misuses restaurant names to divert delivery orders Restaurants say they never authorized Google to sell their food (Reuters) – Alphabet Inc’s Google has been making unauthorized pages for restaurants and using them to take a cut of fees… Source link

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