Tag Archives: optimistic

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox by signing up here. Saturday, January 14, 2022 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Big banks including JPMorgan, Wells Fargo, Citigroup, and Bank of America all reported quarterly results on Friday. These firms collectively sent a clear message to… Source link

While labor shortages are not quite as bleak as earlier in the year, small businesses are still not catching a break. “Many small business owners continue to face big challenges hiring and retaining employees,” Holly Wade, executive director of the NFIB Research Center, told Yahoo Money. Small companies, those with fewer than 250 employees, accounted for nearly 80% of the 10.3 million job openings in the most recent report by the U.S. Bureau of Labor Statistics, according to an analysis by… Source link

While labor shortages are not quite as bleak as earlier in the year, small businesses are still not catching a break. “Many small business owners continue to face big challenges hiring and retaining employees,” Holly Wade, executive director of the NFIB Research Center, told Yahoo Money. Small companies, those with fewer than 250 employees, accounted for nearly 80% of the 10.3 million job openings in the most recent report by the U.S. Bureau of Labor Statistics, according to an analysis by… Source link

On Wednesday, the Bureau of Labor Statistics released data showing the Consumer Price Index rose 8.5% over the past year as of July. The number showed inflation had cooled from 9.1% the prior month, somewhat easing fears of a recession. On a recent episode of “Influencers with Andy Serwer,” before the latest inflation numbers were released, ServiceNow (NOW) CEO Bill McDermott predicted that, if a recession comes, it would not pose a long-term threat to the U.S. economy. “I’m actually really… Source link

Amazon (AMZN) warehouse workers at a facility in Staten Island, New York, began casting their votes in a union election on Friday, thrusting the e-commerce giant into a nationwide surge of workers organizing across major companies like Starbucks (SBUX) and Disney (DIS). The Staten Island warehouse marks the second site of a union election among a large group of warehouse workers in Amazon’s history, arriving roughly one year after the overwhelming defeat of a labor drive at an Amazon… Source link

Despite the emergence of the Omicron variant, Canadians are feeling optimistic going into the holiday season and plan to spend an average of $678 on gifts this year, a new poll has found. A Yahoo/Maru Public Opinion poll released Monday found that Canadians are feeling optimistic about the holidays and look forward to returning to pre-pandemic routines, with nearly 70 per cent of those surveyed saying they were feeling the same about the 2021 holiday season as they did before the… Source link

The Pixel 6. Notice how the bottom one has a bigger area above the camera block? That’s the “Pro” model. Google … Source link

ContextLogic Inc. (WISH) announced that its Dutch subsidiary ContextLogic B.V. (CLBV) has been granted a Payment Services License from the Dutch Central Bank. ContextLogic is an E-commerce platform that facilitates transactions between buyers and sellers. The stock is gaining a lot of attention amid the meme stock frenzy, with WISH gaining 53% in the past month compared to a six-month decline of 43.2%. (See ContextLogic stock charts on TipRanks) The new Payment Services License will allow the… Source link

The Federal Reserve is running into a unique challenge as it kicks off its second policy-setting meeting of the year: maintaining easy monetary policy through what could be the fastest economic recovery in history. “There’s a lot left to do,” said Fed Chairman Jerome Powell at a Wall Street Journal event on March 4. “We have a lot of ground left to cover and good reason for optimism.” The Federal Open Market Committee (FOMC) is expected to release its quarterly economic forecasts on… Source link