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Bank of America (BAC) CEO Brian Moynihan isn’t joining the chorus of those warning about the economy heading into 2023, and that’s because the consumer continues to shop, shop, shop despite ongoing inflationary pressures. “The American consumer is resilient,” Moynihan said on Yahoo Finance Live (video above). According to the chief executive, consumer spending — as measured by transactions on BofA’s debit and credit cards — is up 10% through October even as inflation remains high and the… Source link

Google confirms an algorithm update targeted at fighting spam is rolling out to search results worldwide and in all languages. Google estimates the October 2022 spam update will take several days to roll out. Exact details about spam updates are rarely provided, except in cases where they target specific types of spam, such as last year’s link spam update. Google regularly rolls out spam updates to maintain the quality of its search results. Spam updates are designed to improve Google’s… Source link

Google is rolling out a new search ranking algorithm update targeting the more spammy side of the search results. The company is calling this update the “October 2022 spam update.” It should take about a week to fully roll out and be noticed in the search results. Google said this update is global and affects all languages. What are spam updates. Google wrote: “While Google’s automated systems to detect search spam are constantly… Source link

The semifinals of the College Football Playoff could look very familiar on New Year’s Eve. Four of the teams currently in the top five of the AP Top 25 made a playoff appearance in either 2020 or 2021. And while any of those five teams could easily make the playoff, we’re picking those teams with playoff experience to make the playoff field at the end of 2022 in our first set of bowl projections. Georgia is our provisional No. 1 seed as the Bulldogs can solidify their status as the top… Source link

The semifinals of the College Football Playoff could look very familiar on New Year’s Eve. Four of the teams currently in the top five of the AP Top 25 made a playoff appearance in either 2020 or 2021. And while any of those five teams could easily make the playoff, we’re picking those teams with playoff experience to make the playoff field at the end of 2022 in our first set of bowl projections. Georgia is our provisional No. 1 seed as the Bulldogs can solidify their status as the top… Source link

Many health-care companies talk about addressing high costs and health equity, but too many fall flat in reaping impact, says one health-care CEO. “We have to clean up our act. None of us is blame-free in this environment of ever-increasing health care costs,” SCAN Group & Health Plan CEO Dr. Sachin Jain told Yahoo Finance at the 2022 All Markets Summit. As an example of increasing costs, Jain pointed to Pfizer (PFE) CEO Albert Bourla’s comments to Yahoo Finance about raising prices for… Source link

P&G CEO Jon Moeller sees robust business conditions despite the ongoing economic slowdown. “Strong core business. Very strong topline growth, organic sales up 7%, growth in ten out of ten categories in almost every market,” Moeller told Yahoo Finance Live (video above). “And we’re dealing with the significant headwinds from the combination of commodities, foreign exchange, transportation, and warehousing.” Asked about price increases, Moeller said: “The consumer is resilient.” Asked about his… Source link

Netflix (NFLX) is showing signs of a comeback, at least according to one bullish analyst. “I think it’s back to growth,” Santosh Rao, Manhattan Venture Partners head of research, told Yahoo Finance Live (video above). “It’s doing everything from a position of strength now because the big concern was: Are they rushing into this ad tier model from a position of weakness? Is their whole business model not working?” The company’s third-quarter earnings report showed a beat on both the top and… Source link

Netflix (NFLX) is showing signs of a comeback, at least according to one bullish analyst. “I think it’s back to growth,” Santosh Rao, Manhattan Venture Partners head of research, told Yahoo Finance Live (video above). “It’s doing everything from a position of strength now because the big concern was: Are they rushing into this ad tier model from a position of weakness? Is their whole business model not working?” The company’s third-quarter earnings report showed a beat on both the top and… Source link

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link