Tag Archives: week

CBS 62 weather reporter April Moss made the bombshell announcement in the middle of the weekend weather forecast. Screengrab/CBS 62 April Moss, a CBS affiliate journalist who paused her weather report to say she’s talking to Project Veritas, has lost her job. The station told Insider that Moss objected to its policies on COVID testing and mask-wearing. Last week Fox 26 reporter Ivory Hecker lost her job after interrupting a broadcast to claim she was being muzzled by the network. Visit Insider’s… Source link

Investors this week are set to eye a number of economic data prints, including an update on the Federal Reserve’s preferred measure of inflation — personal consumption expenditures (PCE). Corporate events will include Amazon’s annual shopping extravaganza. This week’s inflation report from the U.S. Bureau of Economic Analysis on PCE will take on additional significance after the Fed upgraded its forecast on inflation for this year and next. The Fed’s updated median outlook for inflation… Source link

Initial unemployment claims likely dropped for a seventh straight week to a fresh pandemic-era low, with the number of newly unemployed individuals trending down as economic activity ramped further. In the coming weeks, a phase-out of enhanced unemployment benefits across many states may further decrease the total number of claimants.   The Department of Labor is set to release its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here are the main metrics expected from the… Source link

After years of pop-up experiments, Google is finally dipping its toes in the physical retail waters with its first store, located underneath its offices in the Chelsea neighborhood in New York City. It will primarily feature Google’s own hardware products, including Pixel phones, Nest smarthome gadgets, Fitbits, and assorted other devices. There will also be a selection of third party accessories and Google-branded swag like hats or T-shirts. Google characterizes this as its “first”… Source link

One of the main focuses for investors this week will be on the Federal Reserve’s June policy decision. The central bank’s statement and press conference are set to help clarify the path forward for monetary policy as investors contemplate the staying power of higher inflation. A number of key economic data releases are also scheduled for this week, including May retail sales.  The Fed’s monetary policy decision and press conference from Fed Chair Jerome Powell will take place Wednesday… Source link

U.S. states saw the fewest new unemployment claims since March 2020 last week, with initial filings down for a sixth straight week as economic activity picked up further.  The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended June 5: 376,000 vs. 370,000 expected and an unrevised 385,000 last week  Continuing claims,… Source link

This week is set to be a relatively quiet one for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their “blackout period” ahead of their June policy-setting meeting. Still, new data on consumer price inflation will be of interest, since market participants have been looking for signs that the post-pandemic recovery is generating a surge in prices amid supply chain and labor shortages and booming demand.  The Labor… Source link

Enlarge / The Google Photos storage management tool. Google Google Photos would like some of your money. The service is turning six years old and will kick off its quest for monetization next week, when Google will start getting more restrictive about photo storage limits. The goal is to push users over the 15GB free limit that comes with every Google account so they’ll buy more storage via the “Google One” program. Google Photos launched with… Source link

Google is ending its unlimited free storage policy on June 1. Sarah Tew/CNET Google Photos will end its unlimited… Source link

Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery. The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to… Source link