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The U.S economy muddled through a spate of high inflation, with employment staying strong last year despite inflation rising to a 40-year high. Now, markets are signaling that the muddle is ending and something worse is replacing it. The Federal Reserve, the markets’ BFF during much of the last decade, is now more like a frenemy. On Sept. 21, the Fed raised interest rates by three-quarters of a percentage point, as expected. It also signaled more aggressive rates hikes ahead. This is the… Source link

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Meta (META) is having a rough year. The company’s stock price is down 57% year-to-date, torpedoing CEO Mark Zuckerberg’s personal wealth to the tune of $72 billion, according to Bloomberg’s Billionaire Index. While the macroeconomic climate is hammering the entire tech industry, Meta and other tech companies that rely on ad-based revenue face a unique headwind — Apple’s (AAPL) massive privacy shakeup called App Tracking Transparency. The feature, which allows users to determine if… Source link

Google’s John Mueller recently answered a question of whether there’s a percentage threshold of content duplication that Google uses to identify and filter out duplicate content. What Percentage Equals Duplicate Content? The conversation actually started on Facebook when Duane Forrester (@DuaneForrester) asked if anyone knew if any search engine has published a percentage of content overlap at which content is considered duplicate. Bill Hartzer (bhartzer) turned to Twitter to ask John… Source link

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Google has announced the date for its Pixel-centric “Made by Google” event, joining Microsoft and presumably also Apple with fall product releases. The live event will be held on October 6 at 10:00 AM ET, and Google is expected to announce its… Source link

BOSTON — Following their suspension of head coach Ime Udoka for the entire 2022-23 NBA season, Boston Celtics managing partner Wyc Grousbeck and president of basketball operations Brad Stevens offered scant factual substance during Friday’s news conference, citing “privacy reasons for the people involved.” The Celtics officially suspended Udoka on Thursday night “for violations of team policies.” The news came less than 24 hours after The Athletic’s Shams Charania reported through anonymous… Source link

Real estate investors have largely done well for the past few years. But with higher interest rates, things could be about to change. The U.S. Federal Reserve raised its benchmark interest rates by 0.75 basis points on Wednesday, marking the third such hike in a row. Higher interest rates translate to bigger mortgage payments — not good news for the housing market. But cooling down housing prices is part of what needs to be done to bring inflation under control. Don’t miss “For the longer… Source link

Special to Yahoo Sports It’s still early and most fantasy hockey drafts probably haven’t occurred, but we can still learn a great deal from average draft positions. There are plenty of players who are being overrated by fantasy managers according to their average draft position. Avoiding taking players too early and tempering expectations will save you some headaches once the season starts. It will also allow for much better roster construction. ADP data courtesy of Yahoo Fantasy Kreider… Source link

A protestor ran onto the court and set his arm on fire in the middle of the 2022 Laver Cup in London on Friday. The man wore a white shirt with the words “end UK private jets” written on it. He was quickly escorted off the court after the fire was put out by officials. The protest temporarily halted the singles match between Stefanos Tsitsipas and Diego Schwartzman. He reportedly ran onto the court after Tsitsipas won the first set and set his arm on fire before security grabbed him. After… Source link

LONDON: Microsoft President and Vice Chairman Brad Smith has hinted that the tech giant is adopting a different approach to tackling disinformation and fake news. While other companies focus their efforts on removing fake content, and telling users what is true and what is not, Microsoft wants to avoid any suggestion that it is trying to censor speech online. “I don’t think that people want governments to tell them what’s true or false. And I don’t think they’re really… Source link