Tag Archives: raising

JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea. The attack on the Gibraltar Eagle, later claimed by the Houthis, further escalates tensions gripping the Red Sea after American-led strikes on the rebels. The Houthis’ attacks have roiled global shipping, amid Israel’s war with Hamas in the Gaza Strip,… Source link

A frame of video showing two Huntington Park Police officers pointing their guns at 36-year-old Anthony Lowe Jr., a double amputee, moments before he was shot and killed by police. (via Twitter/Mike Sington) A Los Angeles County police department is facing intense criticism this week after a video surfaced on social media of two officers fatally shooting a double amputee moving away from them. The short video showed the 36-year-old Black man, Anthony Lowe Jr., missing the bottom halves of both… Source link

A frame of video showing two Huntington Park Police officers pointing their guns at 36-year-old Anthony Lowe Jr., a double amputee, moments before he was shot and killed by police. (via Twitter/Mike Sington) A Los Angeles County police department is facing intense criticism this week after a video surfaced on social media of two officers fatally shooting a double amputee moving away from them. The short video showed the 36-year-old Black man, Anthony Lowe Jr., missing the bottom halves of both… Source link

Dave’s Hot Chicken Co-Founder Arman Oganesyan said his pop-up tent turned national food chain is focused entirely on its food and its customers, allowing it to stand out among its mega competitors. “You always have your big chicken competitors like the Chick-fil-A’s and the Raising Cane’s, but [again] we like to focus on our food. We like to focus on our customer,” he said to Yahoo Finance Live. Its menu includes 4 combo meals that feature chicken tenders or chicken sandwiches, and include… Source link

Apple (AAPL) is raising its prices, and one analyst says it shouldn’t come as a surprise. “It’s not surprising,” Dan Morgan, senior portfolio manager at Synovus Trust, told Yahoo Finance Live (video above). “It’s a very competitive environment, and [Apple] is trying to offset some of the things that are happening with some of the competitors.” Morgan cited the current inflationary environment along with upcoming ad-supported tiers from Netflix (NFLX) and Disney (DIS) as reasons for Apple’s… Source link

Florida Gov. Ron DeSantis broadcast his national ambitions this week by taking credit for a flight that sent undocumented immigrants from Texas to Martha’s Vineyard, making him the latest conservative lawmaker to protest the rise in illegal immigration by shipping border crossers to a liberal state. The governor’s stunt may have broken the law, and spurred locals to assist the migrants. It’s nonetheless likely to strengthen his position as former president Donald Trump’s most formidable… Source link

Americans were sitting on $815.3 billion worth of savings as of April. This may be good news for consumers individually, but bad news for the Federal Reserve, whose efforts to slow inflation could be delayed by this extra pile of cash lying around. “The problem is there is so much cash on household sector balance sheets and corporate sector balance sheets that it’s going to take more rate hikes to slow the economy down, simply because the starting point is a level of cash that is much higher… 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

Sundar Pichai, Google CEO David Paul Morris | Bloomberg | Getty Images Google is overhauling its performance evaluation process, implementing changes that will result in increased salaries, as the company tries to ease tension between employees and leadership on the issue of compensation. Starting this week, Google is using a new process for performance reviews called GRAD, which stands for Google Reviews and Development. It’s part of an effort to streamline the evaluation process, limiting… Source link

The Federal Reserve announced that it would raise its benchmark Federal Funds Rate target range to between 0.25% and 0.50% last Wednesday in a long-awaited move seeking to combat decades-high inflation. The move is long overdue, Marketgauge.com Partner and Director of Trading Research & Education Michele Schneider told Yahoo Finance Live in a recent segment. “I think it should have happened already, quite honestly,” she said. “I think they should have been less concerned [with market… Source link