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The Federal Reserve is being too aggressive with its stance on interest rates and could send the job market into a tailspin, warns MKM Partners chief economist Michael Darda. “I think households here are also caught in the Fed’s crosshairs because the tightening is likely to keep going until it kills the labor market,” Darda said on Yahoo Finance Live (video above). “They [the Fed] will kill inflation, but they are going to end up killing the labor market.” Cracks in the labor market are… 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 Friday, October 14, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with Yahoo Finance App. Inflation came in red-hot again on Thursday, meaning the Federal Reserve will almost certainly raise interest rates by at least 75 basis… Source link

The Business Secretary Jacob Rees-Mogg and the recently appointed Trade Minister, Dominic Johnson, are to offload their holdings in a firm that has strong financial links to a Kremlin propaganda machine, i can reveal. Mr Rees-Mogg and Mr Johnson are co-founders and shareholders in Somerset Capital Management LLP, which holds around 2.5 million shares in Russian internet giant Yandex. Known as Russia’s Google, Yandex pumps out pro-Kremlin search results on issues ranging from the war in… Source link

The Business Secretary Jacob Rees-Mogg and the recently appointed Trade Minister, Dominic Johnson, are to offload their holdings in a firm that has strong financial links to a Kremlin propaganda machine, i can reveal. Mr Rees-Mogg and Mr Johnson are co-founders and shareholders in Somerset Capital Management LLP, which holds around 2.5 million shares in Russian internet giant Yandex. Known as Russia’s Google, Yandex pumps out pro-Kremlim search results on issues ranging from the war in… Source link

Yandex will teach developers to build games using the Unity Engine to make money on them. If it doesn’t matter how she writes CNews, it’s a free course for Russians that will develop easily. In particular, they will learn how to add animation, effects and sounds, create various levels, develop a user interface, and conclude this scene. The course will be presented in a video tutorial with more training materials. Unity Engine is a game engine of the American company Unity… Source link

Draymond Green has rejoined the Golden State Warriors, and it would be understandable if the mood were a bit tense after his punch of teammate Jordan Poole. He’s just trying to move past it. The veteran spoke to reporters Thursday for the first time since stepping away from the team, and there was no shortage of topics. While Green was away, Warriors head coach Steve Kerr announced Green would be fined but not suspended for the punch, though his future with the club is still quite cloudy. As… Source link

In the Yahoo Fantasy Football Forecast, Matt Harmon, Scott Pianowski and Andy Behrens debate if Indianapolis Colts WR Alec Pierce is a good players for fantasy managers to target for the rest of the season, and debate if Matt Ryan causes worry for managers of Colts WRs. Video Transcript [AUDIO LOGO] MATT HARMON: Scott, we have a lot of questions about the Colts overall, but I know you want to highlight someone in particular. SCOTT PIANOWSKI: As far as the Colts go, I actually love the Colts in… Source link

Ariel Epstein gives her best value plays for the upcoming 2022-23 NBA season. Video Transcript [MUSIC PLAYING] ARIEL EPSTEIN: Welcome to Yahoo Sportsbook. I’m the Prop Queen, Ariel Epstein. All right, so we’ve got the NFL, Major League Baseball, hockey. Starting Tuesday, the NBA is back in action. That means you’ve got to get your futures bets in. I’m going to give you some value plays for the NBA futures market. I’m not saying here that these are the teams guaranteed to win. However, I do like… Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We just keep getting more excited about Disrupt, but it turns out there’s other stuff going on in the world. A lot of other stuff, in fact; it’s one of those days where keeping this newsletter to a manageable length was extra tricky. Here’s what we came up with. Enjoy! — Christine and Haje The TechCrunch Top 3 You, only holographic: Never mind… Source link

If I’m buying a smartphone, I’ll always pick the top tier option available. The ‘pro’ or ‘max’ version gets my cash every time. I want all of the features and none of the FOMO. But Google’s smaller Pixel 7 may change that. It’s available right now starting at $599, but here’s my quick take on it after a first look if you’re wondering whether it’s worth the money. The Google Pixel 7 is small and mighty. Janhoi McGregor Google has done a good job of making it look and… Source link