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The Biden administration expects to implement the first phase of a price cap on Russian oil exports this fall in coordination with the G7, with sights set on bringing additional Asian partners on board in the winter. “We’re trying to prevent a spike in global energy prices by avoiding a situation where Russia production just shuts down, and you see a subsequent spike in the price,” Assistant Treasury Secretary for Economic Policy, Ben Harris, told Yahoo Finance. The U.S. has been in… Source link

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Google Maps continues to show results for anti-abortion crisis pregnancy centers (CPCs) when users search for a nearby abortion clinic. A new analysis from Bloomberg shows that CPCs make up about a fourth of the top 10 search results on average in all 50 states and Washington, DC. Unlike legitimate abortion clinics, CPCs don’t actually provide abortions. They instead attempt to dissuade people from going through with the procedure and often use misinformation to make their case. For… Source link

Late last week, Google research scientist Fei Xia sat in the center of a bright, open-plan kitchen and typed a command into a laptop connected to a one-armed, wheeled robot resembling a large floor lamp. “I’m hungry,” he wrote. The robot promptly zoomed over to a nearby countertop, gingerly picked up a bag of multigrain chips with a large plastic pincer, and wheeled over to Xia to offer up a snack. The most impressive thing about that demonstration, held in Google’s robotics lab in… Source link

Google’s parent company Alphabet is bringing together two of its most ambitious research projects — robotics and AI language understanding — in an attempt to make a “helper robot” that can understand natural language commands. Since 2019, Alphabet been developing robots that can carry out simple tasks like fetching drinks and cleaning surfaces. This Everyday Robots project is still in its infancy — the robots are slow and hesitant — but the bots have now been given an… Source link

Stocks were mixed near noon on Tuesday with results out of Walmart and a resurgence in the meme stock rally taking centerstage. Near 11:30 a.m. ET, the S&P 500 was up 0.1%, the Dow was up 0.6%, and the Nasdaq was down 0.3%. Earlier in the session, the S&P 500 and Nasdaq had traded in red figures, with the Nasdaq off more than 1.1% at session lows. Around 11:20 a.m. ET, shares of Bed, Bath & Beyond (BBBY) were halted at least twice for volatility after gaining more than 70% on the day. GameStop… Source link

Donald Trump has assailed the government’s official economic data this summer by calling it “phony” or “fake news.” He likes to say the “actual” number for jobs statistics or the inflation rate would be much more flattering to him — and would look worse for President Joe Biden. It’s a return to form for the former president who called the unemployment rate “total fiction” during his 2016 campaign before flipping and touting that same data once he was in office. This time… Source link

Walmart’s business looks to have stabilized after surging inflation for food and gas weighed on the company’s guidance a few weeks ago. The world’s largest retailer revised its full year guidance for profits to drop 9% to 11% from a prior range for a 11% to 13% decline. Walmart stock popped 4% in pre-market trading Tuesday following a 15 cents a share beat versus Wall Street profit estimates. Sales came in better than expected as well. Yahoo Finance caught up with Walmart’s well-regarded CFO Source link

Amid the renewed retail investor interest in meme stocks, it’s Bed Bath & Beyond that has taken the crown from former heavyweights AMC and GameStop. Bed Bath & Beyond stock (BBBY) skyrocketed by nearly 70% in afternoon trading on Tuesday as Reddit traders speculated on a massive short squeeze. Shares were originally down around 3% in pre-market trading today following a stunning 23% pop on Monday. The two days of gains came as enthusiastic traders on Reddit hyped the struggling retailer and Source link

Google’s aesthetic has always been rooted in a clean appearance—a homepage free of advertising and pop-up clutter, adorned only with a signature “doodle” decorating its name. Part of why many users love Google is its sleek designs and ability to return remarkably accurate results. Yet the simplicity of Google’s homepage is deceptively static. Overtime, the way that the corporation returns information has shifted ever so slightly. These incremental changes go largely unnoticed by… Source link