Bloomberg SoftBank Nears End of $23 Billion Buyback, Imperiling Rally (Bloomberg) — Masayoshi Son has run almost all the way through $23 billion allocated to buy back SoftBank Group Corp. shares, raising concerns that his stock’s bull run will end without rapid intervention.The Tokyo-based company purchased more than $20 billion worth of its own shares over the past year through March, according to SoftBank filings, an unprecedented effort that more than doubled the value of the stock. Now,… Source link
Read More »Biden’s budget proposal is ‘the most reckless fiscal policy in the last half-century’: economist
President Joe Biden’s first 100 days in office have been dominated by government spending proposals. On Friday, Biden unveiled his $1.5 trillion “skinny budget” – a precursor to the full annual budget. It comes on top of his $1.9 trillion COVID-relief package and his $2.3 trillion infrastructure proposal. Tyler Goodspeed, former acting chairman of the Council of Economic Advisers under former President Trump, told Yahoo Finance Live all that spending is not prudent at a time when the… Source link
Read More »Ex-Google Policy Lead Founds Tech-Friendly Progressive Group
(Bloomberg) — A new technology industry group led by the former head of U.S. public policy at Alphabet Inc.’s Google is looking to remind Democrats that technology companies are on their side when it comes to progressive priorities like voting rights, fighting climate change and reducing income inequality. Adam Kovacevich, who most recently led government relations for electric scooter company Lime, launched the Chamber of Progress on Monday to promote “a progressive high-tech society,… Source link
Read More »As Democrats’ Once-Cozy Relationship With Tech Is Tested, Ex-Google Policy Lead’s New Trade Group Touts Industry’s Benefits
A new tech industry association, led by a former Google public policy director and with funding from Amazon.com Inc., Facebook Inc. and Google, is coming to Washington. But instead of starting its efforts with traditional tech policy issues, the group is leaning hard into another Democratic linchpin: voting rights. Just a few days after House lawmakers ripped into the chief executives of Facebook, Google and Twitter Inc. for myriad issues, the Chamber of Progress launches Monday with the… Source link
Read More »Fed easy monetary policy means it's time for active management: Mohamed El-Erian – Yahoo Finance
TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link
Read More »Data shows how few Google Play developers will pay the higher 30% commission after policy change – TechCrunch
Google this week announced its was cutting the commissions it charges Android app developers who publish on its Google Play marketplace, following a similar move by Apple last year aimed at fending off antitrust claims. According to Google’s own estimates, 99% of its developers who sell goods and services would see their fees cut in half, as a result of the move that reduces the 30% commission to 15% on the first million dollars a developer earns. Now, data shared by App Annie helps… Source link
Read More »Fed to announce policy decision at 2 p.m. ET
TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the… Source link
Read More »Google’s new privacy policy for Chrome won’t stop targeted ads
Google parent company Alphabet CEO Sundar Pichai. (AP Photo/Jeff Chiu, File) Google’s (GOOG, GOOGL) Chrome browser said this week that it won’t deploy other web-tracking tools after phasing out third-party cookies in 2022. But that won’t transform your online experience, or stop you from seeing ads for whiskey if you’ve just looked up how to mix a Manhattan. “You’re 100% still being targeted,” Elizabeth Renieris, an affiliate of Harvard University’s Berkman Klein Center for… Source link
Read More »Google’s new privacy policy for Chrome won’t stop targeted ads
Google parent company Alphabet CEO Sundar Pichai. (AP Photo/Jeff Chiu, File) Google’s (GOOG, GOOGL) Chrome browser said this week that it won’t deploy other web-tracking tools after phasing out third-party cookies in 2022. But that won’t transform your online experience, or stop you from seeing ads for whiskey if you’ve just looked up how to mix a Manhattan. “You’re 100% still being targeted,” Elizabeth Renieris, an affiliate of Harvard University’s Berkman Klein Center for… Source link
Read More »Fed will be ‘patient’ on keeping easy money policy
Refinery29 Doctors Are Going Broke During The Pandemic. Why Is No One Talking About It? Heather Bartos, MD, OB/GYN, received no salary for most of last year. She was still working all week: delivering babies in nearby hospitals, performing routine exams, logging into telehealth appointments. But because she has her own private practice, soon after COVID-19 was declared a pandemic by the World Health Organization, she had to make a choice between reducing her employees’ work hours or going… Source link
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