Tag Archives: week

Global oil markets are going to be very volatile in the coming months if news emerging from OPEC’s main producers about production capacity constraints turns out to be true. OPEC will be meeting again in the coming days to discuss its export agreements, while today the oil group is presenting its Annual Statistical Bulletin (ASB) 2022. While the media is likely to be focused on rumors in the next 24 hours of a possible change in the export strategy of OPEC+, the real focus should be on… Source link

This week is International Small Business Week (June 27th to July 1st), and to mark the event, Google has announced a range of SMB support tools and offers to help small organizations maximize their opportunities to stand out and attract customers online. First off, Google is offering exclusive discounts on a range of digital tools designed to help SMBs operate more efficiently, reach more people and stay in touch with their customers. As you can see here, Google’s offering: Three… Source link

Gen Z workers entering the labor market are pushing to transform the idea of what a typical office job looks like. According to the Center for Generational Kinetic’s (CGK) Annual State of Gen Z study, starting salary is the most important job factor for Gen Z workers — defined as those who fall between the ages of 16 and 26 — followed by schedule flexibility. “We found that 44% of Gen Z said they had to work five days a week if they really wanted to get promoted,” Jason Dorsey, a Gen… Source link

U.S. stocks rose Tuesday as traders returned from a long weekend, with equities recouping some losses following the S&P 500’s worst week since March 2020. The S&P 500 advanced by 2.45% in its best day in three weeks, ending at 3,764.84 and recovering some declines after plunging by 5.8% last week. The Nasdaq Composite gained 2.5% to end at 11,069.30, and the Dow added more than 643 points, or 2.2%, to end at 30,531.77 and post its best single-day gain since May 4. Bitcoin (BTC-USD) rose back… Source link

LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE event for “Squid Game” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Photo by Charley Gallay/Getty Images for Netflix) Charley Gallay | Getty Images Entertainment | Getty Images CANNES, France – As the world’s biggest advertising conference gets underway here this week, all eyes will be on Netflix for clues on how the streaming giant plans to break from its ad-free business… Source link

Google added Anthos to its Distributed Cloud and Snowflake just made a big investment. As we head into the middle of June, it’s a good time to catch up on some low-key cloud news. These items have made the rounds over the last week. Channel partners for Google Cloud, Oracle Cloud, Snowflake and Seagate Technology will take particular interest in this latest batch of cloud news. We’ve also got a snippet from top Google Cloud MSP SADA, if you want to know what your peers are up… Source link

The Federal Reserve’s latest rate hike is expected to keep markets on edge in the holiday-shortened week ahead. Wall Street will be closed on Monday, with markets observing Juneteenth for the first time. Last week, the S&P 500 logged its worst weekly performance since March 2020, losing 5.8% after falling into a bear market on Monday. This decline also marked the benchmark index’s 10th loss in the last 11 weeks. The U.S. central bank on Wednesday raised its benchmark interest rate by 75… Source link

The Federal Reserve will dominate the conversation for investors this week. The central bank’s latest policy meeting will be held on Tuesday and Wednesday, June 14-15, with the Fed expected to announce at least another 0.50% increase in its benchmark interest rate on Wednesday afternoon. Wednesday’s 2:00 p.m. ET policy announcement will be followed by a press conference with Fed chair Jerome Powell at 2:30 p.m. ET. The Fed will also release its latest summary of economic projections on… Source link

For Democrats to have a fighting chance of keeping control of Congress this year, they needed inflation to show marked improvement in May, followed by steady declines through the summer and fall. Not gonna happen. Inflation in May went the wrong direction for Democrats, and even though the midterm elections are still five months away, it’s probably a safe bet Republicans will capitalize on soaring prices to take at least one chamber of Congress. Barring something dramatic or unforeseen,… Source link

Inflation will take top billing in the week ahead for the first full trading week of June. Investors will get the latest gauge on how quickly prices are rising across the U.S. when the Bureau of Labor Statistics releases its latest Consumer Price Index Friday. The measure will come as Federal Reserve policymakers hasten to rein in near 40-year-highs in inflation with interest rate hikes — while stoking worries the measures may temper economic growth. Underscoring that likeliness – and the… Source link