Mary Daly, president of the Federal Reserve Bank of San Francisco, joined Yahoo Finance to discuss her outlook on inflation and the central bank’s response. Below is a transcript of her appearance, aired live on April 21. – BRIAN CHEUNG: Welcome to Yahoo Finance live. I am Brian Cheung live here at the Federal Reserve Bank of San Francisco alongside the president of the San Francisco Fed Mary Daly. Good morning. How are you? MARY DALY: Good morning. I’m terrific. Thanks for having me. BRIAN… Source link
Read More »Here’s how much President Biden paid in taxes
On Friday, three days ahead of tax day for most Americans, President Joe Biden and Vice President Kamala Harris released the completed tax returns from their first year in office. In a notable contrast to former President Donald Trump, Biden has now made 24 years of his tax returns public. Harris has released 18 years of her returns. Biden, 79, filed jointly with his wife Jill, reporting an adjusted gross income of $610,702. The majority of their money came from their salaries. Jill Biden, a… Source link
Read More »Amazon workers at 100 more facilities want to unionize: Amazon Labor Union president
Employees at more than 100 U.S.-based Amazon (AMZN) facilities have contacted Amazon Labor Union (ALU) President Chris Smalls about unionizing their workplaces since a historic union victory at a warehouse on Staten Island a week ago, Smalls told Yahoo Finance on Friday. Smalls, a former Amazon warehouse worker who led the organizing campaign on Staten Island, said he plans to hold a “national call” with employees at the Amazon facilities within the next two weeks. When asked whether he… Source link
Read More »Chinese President Xi Jinping warns it could take decades to repair economic damage caused by Ukraine crisis
Chinese President Xi Jinping has urged the EU not to “tie the whole world” to the crisis in Ukraine and warned it could take decades to repair the economic damage. In a virtual summit with European Union leaders on Friday, Xi told European Commission President Ursula von der Leyen and European Council President Charles Michel that the crisis must be “properly handled”. “Many people are very worried that the current situation may destroy the achievements of decades of international economic… Source link
Read More »What President Biden releasing oil from reserves may mean for gas prices
President Biden signing off on an oil release from the Strategic Petroleum Reserve (SPR) to cool elevated prices may have some effect, but not a ton, warns Goldman Sachs. “Conceptually, such a release would help the oil market rebalancing in 2022, increasing supply by 1 millions barrels per day for six months, for example. This would reduce the amount of necessary price-induced demand destruction, the sole oil rebalancing mechanism currently available in a world devoid of inventory buffers… Source link
Read More »At Jackson hearing, Alabama’s AG refuses to say Biden is ‘duly elected’ president
Alabama Attorney General Steve Marshall testified Thursday as a Republican witness in opposition to the confirmation of President Biden’s Supreme Court nominee, Ketanji Brown Jackson, but instead made headlines over his refusal to acknowledge Biden as the “duly elected and lawfully serving president of the United States.” Marshall was questioned by Sen. Sheldon Whitehouse, D-R.I., who focused his initial line of questioning on Marshall’s views about Biden. “Is Joseph R. Biden of Delaware the… Source link
Read More »EU sanctions Rostelecom president, Yandex deputy CEO, and VK Company CEO – DatacenterDynamics
The European Union has sanctioned Rostelecom president Mikhail Oseevsky, Yandex deputy CEO Tigran Khudaverdyan, and VK Company CEO Vladimir Kiriyenko due to Russia’s invasion of Ukraine. The sanctions restrict the individuals from traveling to the EU or doing business with companies that operate there. The EU said that it enacted the sanctions due to “a blatant violation… Source link
Read More »Crypto ‘will be a multi-chain world’: Ava Labs president
Cryptocurrencies have come a long way from the early days of bitcoin (BTC-USD) adoption. And as more cryptocurrencies have developed, the future of the space will be one that continues to grow as a multi-player arena, according to Ava Labs President John Wu. “I think this is the third generation of crypto already. The first generation was bitcoin, the second generation was ethereum, and the third generation has been this new group of, call it ‘layer ones’ and other crypto companies that have… Source link
Read More »Yahoo’s Paul Sigaloff Promoted to Vice President, Head of APAC
Yahoo has promoted Paul Sigaloff to vice president, head of APAC. Effective immediately, Sigaloff will lead sales for the ad technology business across the entire Asia Pacific region. Paul Sigaloff, vice president, head of APAC, Yahoo Previously VP of ANZ INSEA, his expanded remit now includes Australia, China, Hong Kong, India, Japan, New Zealand, Singapore, Taiwan, and Southeast Asia. Commenting on the appointment, Sigaloff says he’s looking forward to working collaboratively with… Source link
Read More »Atlanta Fed President Raphael Bostic speaks with Yahoo Finance [Transcript]
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, joined Yahoo Finance to discuss his outlook on inflation and how the central bank may respond. Below is a transcript of his appearance, aired live on Jan. 31. – BRIAN CHEUNG: Thanks so much, Alexis. Obviously a lot of attention paid to the Federal Reserve with regards to the possible policy tightening over the course of 2022. So let’s talk about this a little bit more with one of those key policymakers: Atlanta Fed President… Source link
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