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Gary Cohn, a key architect of former President Trump’s 2017 Tax Cuts and Jobs Act, has a new mission.  “We now need to get people back into the workforce and we need to force people in many respects to re-enter the workforce,” Cohn told Yahoo Finance Live. Cohn said he is worried the current shortage of labor threatens to undermine the ability of American businesses to compete at home and globally. The U.S. Department of Labor’s latest JOLTS report showed there are almost 11 million job… Source link

Cryptocurrency electronic cash bitcoin banner advertisement seen in Hong Kong. (SOPA Images/Sipa USA) Bitcoin tumbled on Friday afternoon as the People’s Bank of China said all cryptocurrency-related transactions are illegal. The central bank vowed to crack down on illegal activities of cryptocurrency trading and banned overseas exchanges from providing services to mainland investors. It also said it will stop all companies from facilitating cryptocurrency trading and will strengthen monitoring… Source link

Ben Gwin works for Google Shopping in Pittsburgh, Pennsylvania. Though he is technically a temporary worker at the tech giant, Gwin and 65 of his colleagues are now represented by the United Steelworkers union. The group of workers ratified their first union contract in July after two years at the bargaining table with their contractor, HCL America Inc. The contract victory was historic in an industry that has aggressively opposed union drives, especially among temp and contracted employees.

File Photo: The logo of the Russian internet group Yandex was taken on October 4, 2018 at the company’s headquarters in Moscow, Russia. REUTERS / Shamil Zhumatov / File Photo September 24, 2021 Moscow (Reuters) -Russian internet company Yandex plans to launch a cloud business in Germany in 2022 with an initial investment of $ 30 million announced prior to Friday’s annual Yandex.Scale cloud conference. .. Yandex.Cloud revenue is expected to double to around 3 billion rubles in 2021, but… Source link

MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in 2018, it remains one of Yandex’s smaller business lines. Group revenue for 2021 is seen at between 330 and 340 billion roubles. “This is a very important step…. Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo MOSCOW, Sept 24 (Reuters) – Russian internet firm Yandex (YNDX.O) plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in… Source link

Russian federal competition watchdog FAS has ordered internet search engine Yandex to stop discriminating against competing services in its search results, the regulator told RIA-Novosti. Following the FAS investigation, Yandex could face a fine on the basis of its revenues for the violation of competition law. Source link

Your kids are too old for the family stimulus checks? You can still get a payout The temporary expansion of the child tax credit, which is part of COVID relief, is paying out “family stimulus checks” to roughly 35 million households during the latter half of this year. Families are getting payments totaling up to $1,800 for each child under 6, and as much as $1,500 for kids ages 6 to 17. But if you have slightly older, college-age children under your roof, you might qualify for some government… Source link

Stock futures held onto gains after equities’ best day since July, with the major indexes looking to shake off earlier volatility and end the week on a high note. The S&P 500 paced toward a weekly gain of 0.4% as of Thursday’s close.  Equity investors have managed to look past concerns over China Evergrande’s debt crisis, uncertainty over monetary and fiscal policy and ongoing debates in Washington over the debt ceiling to trade higher.  Cyclical stocks including the industrials, energy and… Source link

Shares of Salesforce (CRM) rallied more than 7% Thursday after the cloud-based software company boosted its full-year sales forecast as the pandemic-led shift to remote work continues to fuel demand for its products. The stock is up about 24% so far this year. The company now expects fiscal full-year 2022 sales between $26.25 billion and $26.35 billion, up from its previous forecast of $26.2 billion to $26.3 billion. Salesforce also raised its revenue outlook for fiscal year 2023 as it bets… Source link