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Economic inequality between the richest and poorest Americans is continuing to widen, boosted by the fallout of the coronavirus pandemic. According to data from the Federal Reserve, household wealth among the top 1% of Americans grew from $17.08 trillion in Q3 2010 to $35.3 trillion in Q3 2020, and currently sits at $42.13 trillion. (Wealth is defined as the value of all assets of worth owned by a person or entity, while income is the money that the person or entity received in exchange for… Source link

Since peaking at $5 per gallon in June, gasoline prices have gone President Biden’s way. The sharp price drop since then, to around $3.80 per gallon, has neutralized what was looking like a catastrophic liability for Biden and his incumbent Democrats. Yet Biden’s party seems set to lose control of Congress in the Nov. 8 midterm elections anyway. The Supreme Court’s gutting of the Roe v. Wade abortion protections in June was supposed to be a game-changer for Democrats that would boost… Source link

Since peaking at $5 per gallon in June, gasoline prices have gone President Biden’s way. The sharp price drop since then, to around $3.80 per gallon, has neutralized what was looking like a catastrophic liability for Biden and his incumbent Democrats. Yet Biden’s party seems set to lose control of Congress in the Nov. 8 midterm elections anyway. The Supreme Court’s gutting of the Roe v. Wade abortion protections in June was supposed to be a game-changer for Democrats that would boost… Source link

Comment on this story Comment Hi all, Gerrit De Vynck here. I’m a tech reporter for The Post out in San Francisco. You can follow me on Twitter at @GerritD.  Lawsuit challenges Google’s claim that its ‘Incognito mode’ protects users’ privacy It can be hard to keep track of all the lawsuits against Google. The Department of Justice filed one in 2020 and might have another one coming soon. Texas has at least two. Arizona recently settled theirs with the search giant for $85 million. And

NEW DELHI, Oct 25 (Reuters) – Alphabet Inc’s Google should not restrict app developers from using third-party billing or payment processing services in India, the country’s antitrust body said on Tuesday, as it fined the U.S. giant $113 million for anti-competitive practices. The Competition Commission of India (CCI) said Google (GOOGL.O) used its “dominant position” to force app developers to use its in-app payment system, noting the sale of in-app digital goods is a key means for developers… Source link

Disgraced Hollywood mogul Harvey Weinstein is on trial for sex crimes this week in Los Angeles. The 70-year-old is already serving a 23-year prison sentence after a jury convicted him of rape in New York, and reportedly at least 100 women have accused him of rape or sexual assault. On a recent episode of “Influencers with Andy Serwer,” the New Yorker staff writer Ken Auletta compared Weinstein to another “evil” yet talented person he profiled — the late Roy Cohn, a key figure during the Red… Source link

Disgraced Hollywood mogul Harvey Weinstein is on trial for sex crimes this week in Los Angeles. The 70-year-old is already serving a 23-year prison sentence after a jury convicted him of rape in New York, and reportedly at least 100 women have accused him of rape or sexual assault. On a recent episode of “Influencers with Andy Serwer,” the New Yorker staff writer Ken Auletta compared Weinstein to another “evil” yet talented person he profiled — the late Roy Cohn, a key figure during the Red… Source link

General Motors (GM) reported profit jumped in the third quarter, driven by record revenue and robust demand. For the quarter, GM reported revenue of $41.89 billion, just slightly below analyst expectations of $42.37 billion, but still a record amount for the automaker. GM’s adjusted third quarter EPS came in at $2.25, well ahead of expectations of $1.89, with adjusted net income jumping nearly 50% to $4.3 billion. What has surprised some on the Street is GM reaffirming its full-year EBIT… Source link

Yandex Introduces a Lineup of Smart TVs With Alice You can control the devices with your voice using a TV remote or a Yandex Station Internet, 25 October 2022. Yandex has introduced its first Smart TV with Alice. The device includes a voice assistant and supports 4K Ultra HD resolution. Users have access to a huge selection of movies and shows from various streaming platforms, videos from the web, and TV channels. … Source link

Another week, another messy bye situation. Fantasy managers will be without their Chiefs and Chargers in Week 8, which of course is not ideal. Additionally, we have to fret about the possibility that the approaching NFL trade deadline will make a mess of our plans. In all likelihood, your teams can use a talent boost from the waiver wire. Below you’ll find a collection of approved pickups, all available in at least 50 percent of Yahoo leagues and approved for use. Running backs on the… Source link