For vocal Bed Bath & Beyond bear Anthony Chukumba, the recent gyrations in Bed Bath & Beyond’s stock — despite the retailer being on the brink of bankruptcy — underscore the need for people to boost their financial literacy. “It is a living, breathing example of the need for financial literacy education in the United States,” the Loop Capital analyst said on Yahoo Finance Live (video above). “I mean, Bed Bath & Beyond is going to go bankrupt.” Bed Bath & Beyond finished Friday’s session… Source link
Read More »Fed’s Bullard Leaves Open Possibility of Larger December Hike
(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard left open the possibility that the central bank would raise interest rates by 75 basis points at each of its next two meetings in November and December, while saying it was too soon to make that call. Most Read from Bloomberg The Fed hiked rates by 75 basis points for the third straight meeting last month, to a target range of 3% to 3.25%. Officials projected 125 basis points of tightening for the rest of the year,… Source link
Read More »Apple challenges Google for a larger slice of your dashboard – TechCrunch
Apple said Monday that its next-generation CarPlay system will power the vehicle’s entire instrument cluster, the next move in its battle against Android Automotive OS, Google’s in-vehicle operation system, to dominate dashboards around the world. The growing size and number of screens inside vehicles gives the iPhone an opportunity to play a bigger role, regardless of the size of the screen or the shape of its layout. Integrating deeper into the vehicle and… Source link
Read More »The end of mask mandates? CDC eases guidelines for schools and public spaces, signaling larger shift.
Amid plummeting COVID-19 rates, the Biden administration eased its indoor mask recommendations Friday for about 70 percent of Americans, including most schoolchildren — a shift that could hasten the end of mask mandates in the United States. Before Friday, more than 96 percent of U.S. counties were considered areas of “substantial” or “high” transmission, where the Centers for Disease Control and Prevention recommended masking in most indoor settings. Now just 37.3 percent of… Source link
Read More »Mark Cuban just tripled his stake in Dogecoin — but his bet on these 2 stocks is 667x larger
Mark Cuban just tripled his stake in Dogecoin — but his bet on these 2 stocks is 667x larger Mark Cuban just tripled his stake in popular cryptocurrency Dogecoin — from $500 to $1,500. Of course, for a billionaire shark and owner of the Dallas Mavericks, that’s not exactly a big chunk of change. While Cuban has been highly supportive of Dogecoin, calling it the “people’s way to pay” back in August, he recently told Fox Business that he owns the token just “for fun.” “I’ve… Source link
Read More »Twitter Signs a Larger Deal With Alphabet’s Google Cloud
Twitter (NYSE:TWTR) just signed a multiyear deal with technology giant Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) that moves most of the social network’s data processing onto the Google Cloud platform. Twitter has been using Google Cloud since 2018, but this agreement takes the partnership to a new level. The new… Source link
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