Tag Archives: cost

Google is adding several new sustainability features for Search, the company announced today at its Search On event. The search giant will start showing the annual fuel cost for cars in search results to help people who are in the market for a new car. Google will also show emissions estimates for cars, so you can get a better understanding of how a particular car model you’re interested in compares to similar ones. These new features are going to roll out over… Source link

Federal Reserve Chair Jerome Powell has warned that getting inflation under control will involve “some pain to households and businesses.” What kind of pain is he talking about? So far, the pain has been plunging stock values and higher borrowing costs for homes, cars, credit-card purchases and business investments. But the toll could also include a surge in unemployment, and all the strains that go along with it—which typically harms lower-income workers most of all. Powell won’t… Source link

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost cutting and employee dissent over cultural changes, CEO Sundar Pichai is finding himself on the defensive. At a companywide all-hands meeting this week, Pichai was faced with tough questions from employees related to cuts to travel and entertainment… Source link

Google’s… Source link

2008 all over again? BofA just launched a test of zero-down-payment, zero-closing cost mortgages for minority communities A major American bank has launched a new program to help first-time minority buyers finance a home purchase with no down payment or closing costs. It’s a boon to buyers at a time when rising interest rates and low home inventory have stacked the deck against them. It’s also the latest response to longstanding criticism that banks favored white borrowers. Bank of… Source link

PayPal has only known a growth, growth, growth mindset under long-time CEO Dan Schulman. That mindset officially ended as of August 2 as PayPal switches tactics to appease activist investor Elliott Management, which has disclosed a $2 billion stake in the payments giant. Late Tuesday, the company outlined $900 million in cost cuts — mostly through layoffs, real estate consolidation, and project cutbacks. PayPal also uncorked a new $15 billion stock buyback plan. Investors cheered the about… Source link

President Joe Biden.MANDEL NGAN/AFP via Getty Images There’s a 72% chance the Federal Reserve could cause a recession by 2024, Bloomberg Economics says. In February, the same models forecasted nearly zero chance of a downturn by that time. The latest forecast came after the central bank made its largest interest rate hike since 1994 to combat inflation. The odds that the US economy will fall into a recession by early 2024 have soared to nearly three-in-four in just a few months as the Federal… Source link

As gas prices top $5.00 a gallon nationwide and economists ponder when demand destruction will really kick in, many wonder whether the electric vehicle (EV) industry is benefitting. Data shows that new EV purchases jumped in Q1, and many industry watchers speculate high gas prices are driving this behavior. But a new study from Autolist — an online car shopping platform— shows gas prices actually are not driving more EV consumer sentiment. “This was a little bit of a surprise for us,”… Source link

Here comes even more expensive ticket prices for spring breakers and summer travelers. “Ticket prices are strong now. Probably not really related to oil — demand is so strong, we have full planes. I think our fares are as good as they have been for us. We are talking about prices 4% or 5% higher than they were in 2019,” said Alaska Airlines CFO Shane Tackett on Yahoo Finance Live. Domestic airlines are seen increasing fares by 7% on average each month until June, according to the latest Source link

The cost of a Google home really boils down to the number of devices you want.  … Source link