Tag Archives: Expected

On Thursday, President Joe Biden traveled to Ohio to make the case that the economy is headed in the right direction. “We’ve turned the tide,” he told the crowd in Cleveland. Shortly afterward, during an appearance on Yahoo Finance Live, one of his top economic advisers acknowledged that in areas like inflation and in the labor market, “there’s going to be some bumps in the road” as the economy continues to right itself following the pandemic. However, National Economic Council… Source link

Bloomberg Is Gold Set to Tear Even Higher? Four Key Charts to Watch (Bloomberg) — Just when the vaccine rollout and economic optimism left gold looking like last year’s metal, it staged a recovery.Bullion is one of the best-performing commodities this month, erasing almost all of this year’s losses. Investors have been lured back by gold’s appeal as an inflation hedge, while the Federal Reserve maintains its monetary stimulus and says price pressures should prove temporary. Spot gold… Source link

Workers filing for new unemployment benefits fell to a new pandemic-era low in the latest week, hitting their lowest levels in more than a year as the labor market continued to heal from the worst days of the COVID-19 outbreak.  The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 15: 444,000 vs. 450,000… Source link

TipRanks Fisker vs. Nikola: Which EV Startup Stock Is Primed For Upside In 2021? Electric vehicles (EVs) are proving to be an increasingly popular mode of transportation in different countries, including the United States, for their concept of clean energy and zero emissions. The U.S. Government has also been pushing for their adoption, fueling a rise in EV sales. According to a Bloomberg New Energy Finance report from last year, sales of EVs are expected to account for 10% of all passenger… Source link

Jock MKT, the Stock Market App for Sports, Raises $10 Million By Andrew Cohen May 19, 2021 Jock MKT, a fantasy sports app that lets users buy and sell shares of athletes, has raised $10 million in Series A funding. The funding will be used to expand Jock MKT’s mobile app into 44 U.S. states and Canada.  New York-based Left Lane Capital led the round alongside participation from sports technology investment firm Will Ventures and Ryan Moore, a founding investor and board… Source link

Jock MKT, the Stock Market App for Sports, Raises $10 Million By Andrew Cohen May 19, 2021 Jock MKT, a fantasy sports app that lets users buy and sell shares of athletes, has raised $10 million in Series A funding. The funding will be used to expand Jock MKT’s mobile app into 44 U.S. states and Canada.  New York-based Left Lane Capital led the round alongside participation from sports technology investment firm Will Ventures and Ryan Moore, a founding investor and board… Source link

The Google IO event is scheduled to be held this year from May 18-20 after a hiatus of one year in the wake of the COVID-19 pandemic.  The event, to be held online this year, is essentially an annual developer conference but it is also famous around the globe for the announcements of new Google devices and software updates.    …and we’re back:) Join us May 18-20 for #GoogleIO live, online, and free for everyone. https://t.co/763eVjWpYE pic.twitter.com/Sk3tUnLme0 — Sundar Pichai… Source link

Google I/O is taking place next week where the company will announce updates and future improvements across its various platforms, operating systems, and online services. Android Central reports that some users on Android have been prompted to fill a survey to help improve Wear OS. There has been much speculation about Wear OS and what direction Google may be steering the platform. Ever since Google’s Acquisition of Fitbit, it was rumored that Google planned to launch a Pixel-branded… Source link

When Google parent Alphabet Inc. reports first-quarter earnings on Tuesday, the bottom-line should be stout with advertising sales. The same can’t be said for its prospects on the regulatory front. Alphabet GOOGL, +2.10% GOOG, +2.09% is expected to show revenue growth of roughly 25% from last year, when the COVID-19 pandemic caused some companies to immediately cut off their advertising budgets to preserve cash. The company’s sales… Source link

The Daily Beast Texas Lifestyle Coach and QAnon-Obsessed Boyfriend Nabbed for Capitol Riot Criminal ComplaintA Texas lifestyle coach and essential oils guru has been charged after storming the U.S. Capitol on Jan. 6 with her QAnon-obsessed boyfriend who documented “patriots [going] to war” on his social media.Elizabeth Rose Williams, a Kerrville, Texas resident, and her boyfriend, Bradley Stuart Bennett, were arrested last week for violent entry and disorderly conduct and knowingly… Source link