Donald J. Trump joined Yahoo Finance for a wide-ranging conversation covering topics such as the U.S. economy, COVID-19 vaccines, cryptocurrencies, and his thinking on a third run for the presidency in 2024. The full interview will be released on Monday. Former President Donald Trump told Yahoo Finance that inflation is one of the issues that will help him determine if he will run for the Republican presidential nomination in 2024. Soaring prices have become a fixture of the pandemic-era… Source link
Read More »BofA warns oil could hit $100 this winter and spur crisis — protect yourself this way
BofA warns oil could hit $100 this winter and spur crisis — protect yourself this way The worldwide energy crunch could push oil prices above $100 a barrel for the first time in years and trigger a global economic crisis, Bank of America warned on Friday. “[O]il prices could spike and lead to a second round of inflationary pressures around the world,” analysts including Francisco Blanch wrote in a note. “Put differently, we may just be one storm away from the next macro hurricane.” Of… Source link
Read More »Chevron CEO Warns of High Energy Prices and Supply Crunches
(Bloomberg) — The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive. “There are things that are interfering with market signals right now that we haven’t seen before. Eventually things work out, but eventually can be a long time,” Chief Executive Officer Mike Wirth said Wednesday in an interview at Bloomberg News headquarters in New York. He expects strong prices… Source link
Read More »‘A lot of our school systems’ are at risk of closing amid surges, doctor warns
Children are accounting for a larger number of COVID-19 cases as the highly transmissible Delta variant spreads rapidly. And as millions of students return to school nationwide, health officials are warning that infection numbers could get worse, potentially forcing schools to return to remote learning. “We’re going to start seeing a lot of our school systems, especially those that did not mandate masks, starting to close down,” University of Alabama at Birmingham’s Dr. Michael Saag… Source link
Read More »Google Meet now warns you when you’re causing an echo
Google Meet will soon tell you when it thinks you’re creating an echo in calls, Google announced in a blog posting Monday. Right now, it’s hard to know if you’re creating an irritating echo for meeting participants unless they interrupt the meeting to tell you. Google’s new proactive warnings should therefore help minimize everyone’s suffering. Google says that Meet already controls audio to remove echo. But it can’t account for all remote desktop speaker and mic… Source link
Read More »Goldman Sachs raises S&P 500 price target, but warns path higher ‘is unlikely to be a smooth one’
Goldman Sachs is getting more bullish on stocks. The Wall Street firm on Thursday upgraded its year-end price target for the S&P 500 (^GSPC) to 4,700, up from the 4,300 seen previously. That new target would represent an upside of nearly 7% from closing prices on Wednesday, and add to what has already been a more than 17% year-to-date gain for the blue-chip index. Goldman also expects the S&P 500 to close out 2022 at 4,900, raising this from a previous target of 4,600. A combination of… Source link
Read More »’30 million will have a bill coming due,’ Sen. Warren warns
Democratic lawmakers continue to pressure President Biden to extend the student loan pandemic payment pause and enact student loan forgiveness. “Tick tock, tick tock — over 30 million Americans will have a bill coming due in about two months,” said Senator Elizabeth Warren (D-MA) during a press conference. “The payment pause is running out on student loan debt payments. The size of these payments for many borrowers is the size of their rent, their car payments, groceries, child care —… Source link
Read More »U.S. Warns on U.K. Travel; Singapore Restrictions: Virus Update
(Bloomberg) — A summer resurgence of the pandemic stoked by the spread of the delta variant is raising alarms, sparking a global stocks selloff. The U.S. warned citizens against travel to the U.K. and Indonesia amid rising infections in the two nations. Singapore will re-tighten restrictions on dining-in and social gatherings amid a record number of daily cases. Half of Australia’s population is back in lockdown after South Australia state joined Victoria and New South Wales in ordering… Source link
Read More »Google boss Sundar Pichai warns of threats to internet freedom
As boss of both Google and its parent company Alphabet, he is the ultimate leader of companies or products as varied as Waze, FitBit and DeepMind, the artificial intelligence pioneers. At Google alone he oversees Gmail, Google Chrome, Google Maps, Google Earth, Google Docs, Google Photos, the Android operating system and many other products. Source link
Read More »Anti-Doxxing Law Could Force Tech Giants Including Amazon, Google From Hong Kong, Industry Group Warns
Topline Proposed anti-doxxing laws could soon make Hong Kong an unsustainable place to do business, warned an industry group representing some of the world’s largest tech companies—including Amazon, Apple, Google, and Facebook—in the latest sign of growing dissatisfaction as Beijing tightens its hold on the city. Hong Kong’s anti-doxxing law has been criticized as overly restrictive. getty Key Facts In a letter to Hong Kong’s data protection commissioner seen by… Source link
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