Coffee consumption at home — which boomed during COVID-19 lockdowns — is here to stay despite momentum to return to the office, according to one top consumer brand. J.M. Smucker (SJM) CEO Mark Smucker told Yahoo Finance that “at-home consumption will stay elevated” with 70% of coffee drinking now happening at home, compared to 2/3 prior to the pandemic. With a hybrid model in mind, Smucker believes people will continue “working from home” and “potentially for a long time,” he added. In the… Source link
Read More »3 reasons why inflation is here to stay
As 2022 quickly progresses towards the end of a turbulent first month for markets, it appears that the transitory vs. persistent inflation debate, which was a hot topic for financial markets in the late summer and early fall of 2021, is coming to a close: Inflation has been more persistent than a transient and impermanent blip in an otherwise vibrant economy. The Federal Reserve described high inflation rates as transitory as recently as November, and while some analysts remain firmly seated… Source link
Read More »Google Basically Pays Apple to Stay Out of the Search Engine Business, Class Action Lawsuit Alleges
Apple has an agreement with Google that it won’t develop its own internet search engine so long as Google pays it to remain the default option in Safari, a new class action alleges. Filed in a California court earlier this week against Apple, Google, and their respective CEOs, the lawsuit alleges the two companies have a non-compete agreement in the internet search business that violates US antitrust laws. Specifically, the complaint charges Apple CEO Tim Cook and Google CEO Sundar Pichai of… Source link
Read More »Yahoo!, Sports Illustrated Reporting Dave Aranda Is About To Get $Paid … To Stay at Baylor
Yahoo!’s Pete Thamel, formerly of Sports Illustrated, tweeted the following this morning in response to SE365’s tweet about a video interview that Aranda did with Joel Klatt. That was convoluted, but it’s worth the watch. Source tells @YahooSports that Baylor plans to put together a contract extension for coach Dave Aranda in the upcoming weeks. Aranda has made clear — below and otherwise — that he plans to stay at Baylor in this coaching cycle. https://t.co/RH5TeCdYQq —… Source link
Read More »Yahoo!, Sports Illustrated Reporting Dave Aranda Is About To Get $Paid … To Stay at Baylor
Yahoo!’s Pete Thamel, formerly of Sports Illustrated, tweeted the following this morning in response to SE365’s tweet about a video interview that Aranda did with Joel Klatt. That was convoluted, but it’s worth the watch. Source tells @YahooSports that Baylor plans to put together a contract extension for coach Dave Aranda in the upcoming weeks. Aranda has made clear — below and otherwise — that he plans to stay at Baylor in this coaching cycle. https://t.co/RH5TeCdYQq —… Source link
Read More »Damian Lillard looked at Suns in decision to stay with Trail Blazers
It was no secret that All-NBA guard Damian Lillard had some soul-searching to do after last season. The same injury-hit Denver Nuggets team that got swept by the Phoenix Suns in the second round of the playoffs got to that series by beating Lillard’s Portland Trail Blazers in six games. So for the Blazers star, losing meant asking the question: Was Portland doing everything to win a title? Should he leave? In an interview with Yahoo! Sports’ Chris Haynes,… Source link
Read More »Make these 5 moves to stay out of the poorhouse in retirement
Suze Orman: Make these 5 moves to stay out of the poorhouse in retirement Everyone hopes that, after decades of hard work, they’ll retire rich enough to spend decades more enjoying the fruits of their labor. But if you ask financial guru Suze Orman, the average American is nowhere near ready. Their savings won’t last decades — they’ll last about three years. Research by the Transamerica Center for Retirement Studies found the median savings in this country is just $144,000. That might sound… Source link
Read More »Youth involved in the stock market are ‘here to stay’: Teen investor
Seventeen-year-old Dylan Jin-Ngo became fascinated with the stock market when he was in sixth grade. Now the Huntington Beach teen spends much of his free time teaching other kids about markets. “Being able to invest without my age being a barrier was something so unique,” Dylan told Yahoo Finance about his motivation. “I learned on my own for the past 3 or 4 years, and I became the youngest certified mutual fund counselor in the nation in 2020.” Dylan spearheads a literacy program through… Source link
Read More »‘As long as the stimulus goes on, the stock market can stay in very overvalued territory’
Billionaire bond investor Jeffrey Gundlach, founder and CEO of $137 billion DoubleLine Capital, says as long as the Federal Reserve’s stimulus continues, “The stock market can stay in very overvalued territory.” Speaking to Yahoo Finance Live on Monday, Gundlach, known as the “Bond King,” said that while U.S. stocks are overvalued they look cheap compared to bonds. “[As] overvalued as stocks are relative to historical measures — like the price-to-earnings ratio, or Dr. Shiller’s CAPE ratio,… Source link
Read More »‘Inflation is here to stay’: financial adviser
The upward movement we’re seeing in prices is not transitory and big tech will suffer from it, says one financial adviser. “Wages are going up and typically what happens is they just don’t go down over time. So they don’t temporarily go up and go back down,” Chris Payne of Payne Capital Management told Yahoo Finance Live. “Even if you’re going out to the grocery store, things are just more expensive. So not only do I think inflation is not transitory, I think it’s here to stay. And I… Source link
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