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 Thursday, February 3, 2022 Omicron wave retreats, leaving wreckage in its wake Like a strong tide that crashes into a beach shore before it washes back out to sea, the Omicron variant of COVID-19 — which has spent months buffeting the global economy — is mercifully in retreat. But it’s leaving some debris in its wake. On Wednesday, we learned… Source link
Read More »U.S. experiencing ‘largest wave of minimum wage raises’ ever despite federal inaction
The new year has ushered in a slew of minimum wage increases across the country. A total of 81 states and cities will be raising their minimum wages in 2022, and 44 cities will be increasing theirs to above $15 an hour. “These raises that took effect this week, combined with others scheduled for later this year, are the largest wave of minimum wage raises that we’ve seen,” Paul Sonn, state policy program director at the National Employment Law Project, said on Yahoo Finance Live (video… Source link
Read More »Doctor sees ‘beginning of a wave’ as winter looms
COVID-19 cases are rising in a number of U.S. states ahead of the holiday season, and it’s prompting warnings of a coming winter wave, as health care officials point to rising cases in Europe as a sign of what’s to come in the United States. “Sadly, I do think that we’re at the beginning of a wave,” said Dr. Taison Bell, assistant professor of medicine in the divisions of Infectious Diseases and International Health and Pulmonary and Critical Care Medicine at University of Virginia,… Source link
Read More »Microsoft launches Google Wave – TechCrunch
Microsoft is bringing back Google Wave, the doomed real-time messaging and collaboration platform Google launched in 2009 and prematurely shuttered in 2010. Maybe we should’ve seen this coming. Back in 2019, Microsoft announced the Fluid Framework (not to be confused with the Fluent design system). The idea here was nothing short of trying to re-invent the nature of business documents and how developers build real-time applications. Last year, the company open-sourced Fluid and… Source link
Read More »Cathie Wood’s $500K Bitcoin call is already happening — how to ride the wave to half a million
Cathie Wood’s $500K Bitcoin call is already happening — how to ride the wave to half a million Cathie Wood isn’t afraid to make bold predictions. Back in early 2018, the owner of Ark Invest said Tesla shares would go from $300 to $4,000 within five years — a potential upside of around 1,200%. Yet Tesla hit the target early. This January, Tesla shares surged past the $800 mark, or $4,000 on a split-adjusted basis. Pretty astounding, but Tesla may not be Wood’s most bullish call at the… Source link
Read More »Wave of ‘unrest events’ like Afghanistan may become a drag on global growth: IMF
Soaring COVID-19 infections, combined with mass uprisings around the world, are destabilizing global order — and new research from the International Monetary Fund (IMF) suggests the collective dynamic is likely to hinder a fragile recovery. A working paper published by IMF researchers Luca Antonio Ricci, Metodij Hadzi-Vaskov and Samuel Pienknagura, PhD, recently explored the macroeconomic impact of social unrest, finding that “unrest events” are correlated to a decline in global… Source link
Read More »2 ‘Strong Buy’ Stocks to Ride the Crypto Wave
Crypto currencies have been around long enough that we can’t really describe them as ‘the next big thing’ anymore – they’re here and they’re part of the financial landscape. For stock traders, the rise of crypto brings a unique opportunity – not only in crypto currencies themselves, but in the technology that supports them. The blockchain technology that makes crypto secure, and the digital mining operations that generate new units of crypto currency, require a strong foundation… Source link
Read More »Clover Health rides Reddit-fueled ‘meme stock’ wave amid record-high trading volume
Shares of Clover Health Investments, Corp. () breached their previous 52-week high of $24.93 in pre-market Wednesday morning. This added to a total increase in the stock’s value of over 110% in the past week amid a to short the stock. Following market open, its price fell just below Tuesday’s close $22.15. Founded in 2014 and headquartered in Tennessee, Clover Health is a Medicare-backed insurance seller with 458 full-time employees and provides preferred provider organization and health… Source link
Read More »Apple’s wave of new products bring a special kind of baggage
Wednesday, April 28, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Apple’s latest products should be hits, but they come with risks for the company Apple (AAPL) has begun launching a slew of game-changing products and features, like devices that track down your lost stuff and a new feature to protect your privacy online. But each one… Source link
Read More »The US is ‘not helping enough’ as India battles new COVID-19 wave: Expert
The U.S. is slowly ramping up its commitments to help India, which has been consistently reporting more than 300,000 new daily coronavirus cases. But as the world’s second most populous country — with more than 1.4 billion people — some experts say the response is too slow. “There is a humanitarian reason to do this, as well as self-interest, to prevent new variants from arriving,” Dr. Leana Wen, former Baltimore health commissioner and a visiting professor at the Milken Institute School… Source link
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