Rates will rise until the ‘job is done’ bringing down inflation

Rates will rise until the ‘job is done’ bringing down inflation

Federal Reserve Chairman Jerome Powell on Friday said the central bank’s job on lowering inflation is not done, suggesting that the Fed will continue to aggressively raise interest rates to cool the economy. “We will keep at it until we are confident the job is done,” Powell said in remarks delivered at the Fed’s annual conference in Jackson Hole, Wyoming. “While the lower inflation readings for July are welcome, a single month’s improvement falls far short of what the Committee… Source link

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Civil rights icon Andrew Young cites Inflation Reduction Act as a sign of progress

Civil rights icon Andrew Young cites Inflation Reduction Act as a sign of progress

During a recent episode of “Influencers with Andy Serwer,” civil rights activist and former ambassador to the United Nations Andrew Young praised the passage of the Inflation Reduction Act. “It’s taken us a long time,” Young told Yahoo Finance. “But Joe Biden got a bill passed last night, but we’ve been moving in this direction for a long time.” The Inflation Reduction Act, which President Biden signed into law last week, invests roughly $375 billion into fighting climate change over… Source link

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Stock market news live updates: August 26, 2022

Stock market news live updates: August 26, 2022

  Stock futures slipped Friday morning as Wall Street awaited a highly-anticipated speech by Federal Reserve Chair Jerome Powell at the U.S. central bank’s economic symposium in Jackson Hole. Futures tied to the S&P 500 fell 0.4%, while futures on the Dow Jones Industrial Average shed roughly 100 points, or 0.3%. Nasdaq futures were off by 0.6%. The moves come after all three major averages rallied in the previous session to log gains of more than 1%. Powell is scheduled to deliver remarks… Source link

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Twitter cofounder Jack Dorsey reveals his ‘biggest regret’ is letting the social media app become a company

Twitter cofounder Jack Dorsey reveals his ‘biggest regret’ is letting the social media app become a company

Twitter cofounder and former CEO Jack Dorsey has rarely lacked candor in describing the company he once led. In his latest assessment of the state of the social media platform, Dorsey said he regrets letting the app become a company at all. “The biggest issue and my biggest regret is that it became a company,” Dorsey wrote in a recent tweet, replying to a question as to whether Twitter turned out the way he had originally wanted it to. Dorsey elaborated further on what his original vision… Source link

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Yandex Releases DivKit, an Open Framework for Server-Driven UI | by Tayrinn | Yandex | Aug, 2022

Yandex Releases DivKit, an Open Framework for Server-Driven UI | by Tayrinn | Yandex | Aug, 2022

Hi there! Yandex just published DivKit to open source. It’s a framework for server-driven UI rendering; you can use this approach to speed up the app development. It allows you to roll out server-sourced updates to different app versions. Also, it can be used for fast UI prototyping, allowing you to write a layout once and then ship it to iOS, Android, and Web platforms. The framework includes several tools: a client-side for rendering UIs and a DSL for generating a UI description in… Source link

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Google Apps vs. Microsoft Apps: Which Do Young People Like More?

Google Apps vs. Microsoft Apps: Which Do Young People Like More?

When it comes to productivity and collaboration tools, a new study found that recent college graduates vastly prefer Google Cloud products to Microsoft products. The study, commissioned by Los Angeles-based Google Cloud part SADA and conducted by independent research firm College Pulse, asked young people to choose which products they would use when collaborating with a team. Google Docs, Google Sheets, and Google Slides won by huge margins over… Source link

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Nyheim Hines’ fantasy outlook this season I Yahoo Fantasy Football Forecast

Nyheim Hines’ fantasy outlook this season I Yahoo Fantasy Football Forecast

In this edition of the Yahoo Fantasy Football Forecast, Matt Harmon and Frank Schwab talk about the former NC State running back, including how he’ll be fighting for targets in Indianapolis. Video Transcript MATT HARMON: This one’s interesting. Because Colts head coach Frank Reich said it himself, if I was a fantasy owner, if I was going to be in a fantasy league, I think I’d pick Nyheim this year. Obviously, Nyheim Hines. From James Boyd. You’re already shaking your head, Frank. There’s… Source link

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Google Maps will now label clinics that provide abortions

Google Maps will now label clinics that provide abortions

Comment on this story Comment Google will begin specifically labeling medical clinics and hospitals that provide abortion care in its Maps app and websites. The move comes in response to years of complaints from users and abortion advocates that its search results for abortion care often return links to crisis pregnancy centers that do not provide abortions and sometimes actively try to dissuade people from getting them. “For a number of categories where we’ve received confirmation that… Source link

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Yahoo! Sports analyst predicts Wyoming-Illinois showdown in Week 0

Yahoo! Sports analyst predicts Wyoming-Illinois showdown in Week 0

Illinois is just about set to tee things up for the start of the 2022 season. On Saturday, the Illini will face Wyoming to open a new year of college football. Entering that game, Illinois will be around a 10-point favorite against the Mountain West program. Sam Cooper with Yahoo! Sports also provided a breakdown and prediction for that game. According to Cooper, Wyoming’s loss of some key offensive pieces to the transfer portal makes it a long shot the Cowboys will be able… Source link

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Lawsuits accuse George Foreman of sexually assaulting 2 teenage girls in 70s

Lawsuits accuse George Foreman of sexually assaulting 2 teenage girls in 70s

George Foreman has been accused of sexual assault by two women. (Photo by Cooper Neill/Getty Images for Houston Sports Awards) Former boxing heavyweight champion George Foreman has been accused of sexually assaulting two women when they were teenagers and below the age of consent during the 1970s in a pair of lawsuits, according to The New York Times. The two women, now in their early 60s, reportedly both claim to have met Foreman when they were under 10 years old. One accuser’s father was… Source link

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