I was in Washington D.C. this past week and you could almost feel the strife in the brisk January air, with the endless squabbling over President Biden’s stalled Build Back Better plan being Exhibit A. And yet I did find instances of bipartisanship, featuring some strange bedfellows the likes of which I hadn’t seen since Representative Alexandria Ocasio-Cortez and Senator Ted Cruz briefly aligned on Twitter last year during the meme stock brouhaha — before AOC kicked Ted to the curb, 67… Source link
Read More »Shark Tank’s Kevin O’Leary thinks 2022 is the year of NFTs – Yahoo Finance
Shark Tank investor and crypto-convert Kevin O’Leary believes non-fungible tokens (NFTs) will be bigger than bitcoin (BTC-USD). The chairman of O’Shares Investments told Yahoo Finance Live that NFTs offer value because of their ability to digitally track the ownership, authenticity and inventory management of real-world items like vintage watches (of which O’Leary is a big collector), sports memorabilia, artwork and other assets. “One of the biggest challenges I have is inventory… Source link
Read More »Jim Harbaugh thinks Aidan Hutchinson will go No. 1 overall
At Saturday night’s Heisman Trophy ceremony, Michigan head coach Jim Harbaugh said he believes defensive end Aidan Hutchinson will be the first overall pick in the 2022 NFL draft. Sure, Harbaugh is biased. But that doesn’t mean he’s wrong. In a draft cycle where there doesn’t appear to be a clear-cut QB prospect worth taking first overall, Hutchinson has emerged as a viable candidate to land in the top spot. In 13 games this season, he’s had 14 sacks, three passes defended, two forced fumbles… Source link
Read More »Big Short’s Michael Burry Thinks Elon Musk ‘Just Wants to Sell Tesla’ – Yahoo Finance
Reuters IBM, Amazon partner to extend reach of data tools for oil companies International Business Machines Corp and Amazon.com Inc’s Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data. Amazon in 2018 worked with Royal Dutch Shell to create a technology to turn data from more than a century of oil production, largely from paper records, into a standardized format for multinational oil… Source link
Read More »Google’s Chrome Is Under Heavy Attack—This Startup Thinks It Has A Rival To Save Businesses From Disaster
Talon Cyber Security founders Ohad Bobrov and Ofer Ben-Noon. They’ve convinced big-name investors … [+] they have the answer to the boom in browser-based cyberattacks. Talon Cyber Security Browsers are proving to be a potential Achilles’ heel in computer and smartphone security. This year has seen a record number of so-called zero-day attacks in the wild, where unpatched weaknesses in software are exploited by hackers, and Google Chrome has seen at least 12… Source link
Read More »Why the White House thinks ‘this is a uniquely horrible time’ to have the debt ceiling fight
The next steps in Washington’s very busy week are currently up in the air. Senate Republicans blocked an effort to raise the debt limit and also avert a government shutdown Monday night. Now the Democrats are likely going to have to move on those issue one at a time with an Oct. 1 deadline to avert a shutdown and Oct. 15 or soon thereafter to address the debt ceiling. “It’s never even conceivably thoughtful to think about defaulting,” Jared Bernstein, a member of President Biden’s Council… Source link
Read More »Suddenly everyone thinks the stock market is going to plunge: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, September 13, 2021 But that doesn’t mean you should sell The calls for a stock market correction are beginning to blow through the streets of Wall and Broad. We aren’t talking about the reiteration of a decade-long Nouriel “Dr. Doom” Roubini type call for a stock market crash due to the always easy excessive valuation and bloated government… Source link
Read More »As Delta variant spreads across U.S., Alabama doctor thinks surge ‘is going to get worse’
Hospitals in the U.S. South have quickly become overwhelmed with COVID-19 patients as cases continue climbing amid the surge of the Delta variant of coronavirus. And while there are indications that Delta transmission tends to subside after around 50 days, some health professionals see things getting worse before getting better. “We’ve seen it pick up with children, young adults, young women, pregnant women, unfortunately,” Dr. Ellen Eaton, assistant professor at the University of… Source link
Read More »Why Goldman Sachs thinks these 32 stocks are very attractive
Being a successful investor this coming earnings season may be as easy as paying attention to companies with the best potential to expand profit margins amidst the current bout of inflation across spectrums such as raw materials and labor, Goldman Sachs reasons. The smartest investors in the game appear to already be placing that bet. “Investors have started to reward companies with attractive margin profiles. Our valuation model shows that profit margins are the second most important driver… Source link
Read More »Why the White House thinks the faster than expected inflation ‘is actually a good sign’
On Thursday, President Joe Biden traveled to Ohio to make the case that the economy is headed in the right direction. “We’ve turned the tide,” he told the crowd in Cleveland. Shortly afterward, during an appearance on Yahoo Finance Live, one of his top economic advisers acknowledged that in areas like inflation and in the labor market, “there’s going to be some bumps in the road” as the economy continues to right itself following the pandemic. However, National Economic Council… Source link
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