Tag Archives: fighting

Investors are warming to the fact the Federal Reserve is about to throw ice cold water on the hot U.S. economy where inflation is surging to four-decade highs. But whether the Fed hikes 50 basis points next week — or even a previously-unfathomable 75 points — Jerome Powell and company are unlikely to achieve the proverbial (and rare) soft landing, according to one veteran trader. Bill Smead, chief investment officer at Smead Capital Management, compared the present bout of persistently… Source link

As the words and images from Ukraine grow grimmer and more heartbreaking by the hour, it’s almost impossible to imagine what Ukrainians are going through. To the extent we have any idea is thanks to reporters on the ground. And Putin is waging war on those brave souls as well — in Ukraine and in Russia. Putin isn’t only attacking journalists, but the very concept of journalism — and even truth itself. Putin’s global war on the media is part of his M.O.: A dirty, sneaky and deadly… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 3, 2021 Like Freddie, Jason and John McClain, the U.S. debt fight just won’t die The Omicron variant and inflation worries are spooking markets. And as if investors aren’t preoccupied by enough, the nation’s leaders are bickering over debt and spending — well, and just about everything else, to be honest — in ways that could… Source link

Video game developer Eidos-Montreal announced its shift to a four-day workweek last Thursday, marking it as the most high-profile studio in the gaming world to do so. Eidos’ announcement is a tectonic shift in an industry that’s been notorious for the poor treatment of its developers for decades. Crunch culture — the video game industry practice of working longer hours for big studios (known industry-wide as AAAs), and pushing employees to exhaustion when a project’s deadline draws… Source link

Ben Gwin works for Google Shopping in Pittsburgh, Pennsylvania. Though he is technically a temporary worker at the tech giant, Gwin and 65 of his colleagues are now represented by the United Steelworkers union. The group of workers ratified their first union contract in July after two years at the bargaining table with their contractor, HCL America Inc. The contract victory was historic in an industry that has aggressively opposed union drives, especially among temp and contracted employees.

AKRON, Ohio — The piece of metal that struck a Cedar Point amusement park guest waiting in line for the Top Thrill Dragster roller coaster was about the size of “a man’s hand,” according to state investigations. The accident has left 44-year-old Rachel Hawes of Michigan in intensive care with a brain injury, according to a family statement released to a Cleveland TV station. “We are devastated by last weekend’s accident at Cedar Point,” the statement said. “We want to thank everyone for… Source link

As the highly transmissible Delta variant spreads rapidly nationwide, the U.S. has “two weapons” to mitigate the outbreak, according to One Medical Regional Medical Director Dr. Natasha Bhuyan. “We have two key weapons in fighting this virus: one is masks, the other is vaccines” Dr. Natasha Bhuyan told Yahoo Finance Live. “If we can get our vaccination rates up, we will be able to slow down the spread of the virus. But until then, it’s important that even people who are fully… Source link

There was one relatively abnormal metric in Restaurant Brands’ (QSR) second quarter earnings release on Friday — a 2.5% same-store sales decline at Popeyes U.S. The result marked a continued U.S. sales slowdown for arguably the creator of the current fast-food chicken sandwich craze. From the fourth quarter of 2019 (when the Popeyes chicken sandwich insanity kicked off) through the third quarter of 2020, Popeyes U.S. saw same-store sales gains of 34% to 17.4%. But the sales trajectory has… Source link

PHOENIX — Saving your passwords and even your payment information on your phone may make online shopping a lot quicker, but it could also leave you open to some unexpected charges. Kathy says she learned the hard way after she got a fraud alert from her bank. “I was absolutely appalled. They had drained the entire checking and savings account,” said Kathy. Almost $9,000 was gone. She says even more surprising, all the money went to buy games through Google Play. Kathy says she did link her… Source link

Facebook Inc. FB 2.12% on Tuesday agreed to restore news to its platform in Australia, following a five-day blackout that came amid a standoff with the country’s government over a proposal that would force tech companies to pay news publishers for content. The current showdown, which also involves Alphabet Inc.’s GOOG 0.29% Google, represents the boiling over of a long-simmering… Source link