Tag Archives: pressure

Billionaire hedge fund manager Bill Ackman has been urging the Federal Reserve to get serious on inflation since late last year. Now, he has doubts about the U.S. central bank’s ability to bring price stability down to its target. And thinks stock prices could remain under pressure as rates stay high amid this new environment. The Pershing Square Capital founder and CEO said Thursday in a quarterly call with investors that interest rates are “meaningfully below where they are going to… Source link

INGLEWOOD, Calif. — Just six minutes and 17 seconds of play had elapsed between the Dallas Cowboys and Los Angeles Rams. Already, the Cowboys had scored twice. A strip sack returned promptly for a 17-yard touchdown. Favorable field position from a blocked punt handily converted into a field goal. From the sideline of SoFi Stadium, Ezekiel Elliott turned to his partner in crime. “All right now, TP,” he told fellow running back Tony Pollard. “Get ready now.” The Cowboys were already off… Source link

By Nupur Anand, Ira Dugal MUMBAI (Reuters) – Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Even though Google doesn’t fall under the Reserve Bank of India’s (RBI) ambit, the U.S…. Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. Even though Google doesn’t fall under the Reserve… Source link

Google has quietly launched a pilot for apps to offer new payment options on Android devices in Australia, Europe, India, Indonesia and Japan, following pressure from regulators across the globe to open up alternative payment systems. On Friday, Google opened enrolment to developers of non-gaming apps to allow them to trial user-choice payment options for users in the five locations, with caveats, including that Google will reduce its service fee by 4% for transactions. That brings down the… Source link

The next month, 17 Republican attorneys general wrote a letter to Pichai pushing for the opposite. They argued that any move to suppress pro-life search results at the behest of Democratic officials “would violate the most fundamental tenet of the American marketplace of ideas” and also “actively harm women seeking essential assistance.” The dueling reactions highlighted a new political flashpoint for Google. The tech giant has long faced concerns from lawmakers about its vast reach and trove… Source link

Aliyah Boston said no to ESPN. The South Carolina women’s basketball star who won a national championship and was named unanimous National Player of the Year and Final Four Most Outstanding Player in 2022 has declined an invitation from the network to appear at the ESPY Awards, its annual summer showcase ceremony awarding top athletes, teams and moments from the sports year. Boston turned down the invitation that arrived after she was initially not included among the nominated athletes invited… Source link

Boston Celtics players delivered a message to the White House on Saturday during their NBA Finals practice. Bring Brittney Griner home. Marcus Smart, Jaylen Brown, Grant Williams and other Celtics players wore T-shirts at practice reading “We are BG” and imprinted with a QR code on the back linking to a petition calling for Griner’s safe return. Griner — a seven-time All-Star for the WNBA’s Phoenix Mercury — has been detained in Russia on drug charges since Feb. 17 after she allegedly… Source link

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast Most Read from Bloomberg Spanish inflation unexpectedly quickened, denting hopes that the euro zone’s record price surge is peaking and piling more pressure on the European Central Bank to act. The acceleration — to 8.5% in May from 8.3% the previous month under European Union harmonized standards — came as increases in fuel costs offset an easing in electricity prices that have… Source link

Yandex’s Uncertain Q1 FY 2022 Outlook Yandex N.V (NASDAQ: YNDX) has caught the ire of the West in response to Russia’s invasion of Ukraine. After being accused of suppressing free speech and spreading misinformation about conflict,… Source link