Tag Archives: chief

A potential railroad strike in the U.S. shouldn’t be viewed as a black swan event, according to Goldman Sachs chief economist Jan Hatzius, but it could still have an impact on the economy. “I don’t think it’s a black swan,” Hatzius told Yahoo Finance Live at the Goldman Sachs Communacopia + Technology Conference on Monday (video above). “I think it’s an indication, along with other indications of more labor strife and maybe more tensions, that labor still has a very significant amount of… Source link

The Washington Post’s longtime tech and data chief Shailesh Prakash is leaving the company for a new executive role at Google, sources told Axios. Why it matters: Prakash has led The Post’s design, product and tech teams for over a decade. He has long been considered the backbone of The Post’s technological transformation. Be smart: Prakash also led The Post’s publishing arm, Arc XP, since its inception in 2015, as well as its ad tech arm Zeus. Axios reported earlier this year that The Post Source link

Google CEO Sundar Pichai and 550 Washington Street (Illustration by The Real Deal with Getty, 550 Washington Street via COOKFOX Architects) Don’t bother plugging “biggest believers in New York City’s tech future” into your favorite search engine: Google already has the answer. The tech giant’s chief executive, Sundar Pichai, said he’s optimistic about the company’s prospects in the Big Apple, where it expects to continue growing its presence, Crain’s reported. “I’m… Source link

GENEVA: UN rights chief Michelle Bachelet said Saturday that the potential extradition and prosecution of Julian Assange raised concerns for media freedom and could have a “chilling effect” on investigative journalism.Assange, who has been held in a high-security London prison since 2019, has filed an appeal against his extradition from Britain to the United States.The Australian is wanted to face trial for allegedly violating the US Espionage Act by publishing classified US military… Source link

In the weeks since passage of the Inflation Reduction Act, one provision has generated more heat in certain corners of the internet than any other: an $80 billion infusion coming to the IRS. The money is set to help the tax-collecting agency chase down cheats and refresh its shockingly outdated technology over the coming decade. But many critics on the right who say the agency is politically motivated contend the money will also make tax collectors a more pernicious presence in Americans’… Source link

The former chief of the Justice Department’s national security division said Tuesday that the FBI warrant for the search of Donald Trump’s Mar-a-Lago home in Palm Beach, Fla., suggests prosecutors believe they have probable cause that there may have been violations of the World War I-era Espionage Act. That law has traditionally been used to target government leakers, such as former NSA contractor Edward Snowden. But it also “actually has provisions that apply to essentially the… Source link

Housing correction is ‘dead ahead,’ warns Moody’s chief economist Mark Zandi — here’s how he sees things playing out over the next several months Existing home sales showed a 5.4% decline in June from May, but prices remain elevated, according to the National Association of Realtors. The median sale price of existing homes in the U.S. set a new record high of $416,000 in June, marking a 13.4% increase from a year ago. Yet for those continuing to watch these rising home prices, chief… Source link

This is a significant update. Pinterest has today announced that co-founder and CEO Ben Silbermann is stepping down from his role, and shifting to a new position within the organization, with online commerce expert Bill Ready set to take over as Pinterest chief, effective June 29th, 2022.  Silberman posted an impassioned update on the Pinterest blog, noting the significance of the platform to him and his life. “As you can imagine, this was a hard decision. So much of my heart belongs to… Source link

If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund. Bridgewater Associates co–chief investment officer Greg Jensen said inflation is not going away, which could force the Fed to continue hiking interest rates, likely more than Wall Street currently anticipates. Story continues “We’re in a radically different world,” Jensen said in an interview with… Source link

BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return We’re almost halfway through the year, and sentiment has yet to turn bullish. The S&P 500 is down 13% in 2022, while the tech-centric Nasdaq is off 22%. If you want to know how low the market could really go, pay attention to what Savita Subramanian — head of U.S. equity and quantitative strategy at Bank of America Securities… Source link