Tag Archives: critical

Federal Reserve Chairman Jerome Powell on Wednesday downplayed the recent string of high readings of inflation, telling Congress that price pressures will still likely abate. On Tuesday, figures from the Bureau of Labor Statistics showed the Consumer Price Index increasing by 5.4% on a year-over-year basis in June, the fastest pace since August 2008. A read on producers also showed prices accelerating to the largest annual increase in over a decade, testing the Fed on its commitment to only… Source link

WASHINGTON, DC – JULY 29: Apple CEO Tim Cook speaks via video conference during the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law hearing on Online Platforms and Market Power in the Rayburn House office Building, July 29, 2020 on Capitol Hill in Washington, DC. (Photo by Graeme Jennings-Pool/Getty Images) Wednesday, May 19, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it… Source link

Dr. Anthony Fauci says the country is back in a precarious situation, with daily COVID-19 case averages increasing in the past few weeks — signaling a potential surge that could mimic what is happening in Europe.  Throughout the pandemic, the U.S. has regularly lagged a few weeks behind Europe and could continue to follow suit, Fauci told Yahoo Finance. Getting Americans vaccinated is key in preventing another surge, he said. “I believe that the vaccine will actually have a major impact on… Source link

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ We’ll talk about dividend stocks, but we’ll get there through tax policy. The connection is simple: Government spending is going up, as exemplified by the $1.9 trillion COVID stimulus bill passed this month. Stimulative cash infusions into the economy are likely to boost consumer spending, and there are worries that the Biden Administration has no plans to pay for its increased spending. Several tax proposals made… Source link

TipRanks Box: A Cheap Way To Play The Cloud Even though cloud computing has been around for over 20 years – the innovator in the space was Saleforce.com (CRM) – the market continues to grow at a rapid pace. The fact is that this technology offers much more flexibility, integration and access to data. There are also many large companies that are looking to migrate their legacy systems to the cloud to achieve digital transformation. Of course, the COVID-19 pandemic has been another catalyst…. Source link

The House of Representatives passed President Biden’s $1.9 trillion stimulus plan on March 10. The legislation, called the American Rescue Plan, will head to the president’s desk for his signature on Friday in a final step before becoming law. While most Americans are focused on getting their $1,400 stimulus checks, it’s the extension of the child tax credit in the relief legislation that really stands out as revolutionary policy, according to Pamela Stone, professor of sociology at… Source link

The Spartans are likely dancing after Sunday’s win over Michigan. (Gregory Shamus/Getty Images) Michigan State entered Sunday’s regular-season finale in unfamiliar territory — squarely on the NCAA tournament bubble. It left in much better shape — with a win No. 2 Michigan and a likely at-large bid to the NCAA tournament secured. Facing the Wolverines for the second of a back-to-back set against their rivals, the Spartans held a 61-59 lead with less than a minute remaining in Sunday’s game…. Source link

The 5-year-old child severely injured in a vehicular crash involving Kansas City Chiefs assistant coach Britt Reid remains in critical condition, police said Saturday. The child suffered life-threatening injuries Thursday night after the pickup truck Reid was driving slammed into two vehicles parked at the side of Interstate 435 near the Chiefs’ practice facility. A 4-year-old was also injured in the collision and suffered non life-threatening injuries. Reid, an outside linebackers coach and… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link