Tag Archives: whats

Economic inequality between the richest and poorest Americans is continuing to widen, boosted by the fallout of the coronavirus pandemic. According to data from the Federal Reserve, household wealth among the top 1% of Americans grew from $17.08 trillion in Q3 2010 to $35.3 trillion in Q3 2020, and currently sits at $42.13 trillion. (Wealth is defined as the value of all assets of worth owned by a person or entity, while income is the money that the person or entity received in exchange for… Source link

I went out for pizza the other night, but had to eat it in my car. That’s because the Frank Pepe’s in Manchester, Connecticut had this sign on its door. “Attention: Dining Room closed after 4 p.m. today due to staffing shortages.” So I ate in my SUV, no problem, (the pizza was fantastic), but it made me think 1) this can’t be good for Frank Pepe’s, and 2) the note on the door is literally a sign of the times. A sign we’re living in a world where supply shortages — employees, oil,… Source link

It took longer than skeptics might’ve guessed, but Google Stadia is finally shutting down. On January 18, 2023, anyone who bought games on the streaming service will lose access to their library. To compensate people who invested in the ecosystem, Google will be giving Stadia users a full refund—quite an unprecedented move.  If you bought a game on Stadia at any point since its launch, you might have questions. Here’s how it’s all going to play out. Why Is Google Giving Refunds? Google has a… Source link

It took longer than skeptics might’ve guessed, but Google Stadia is finally shutting down. On January 18, 2023, anyone who bought games on the streaming service will lose access to their library. To compensate people who invested in the ecosystem, Google will be giving Stadia users a full refund—quite an unprecedented move.  If you bought a game on Stadia at any point since its launch, you might have questions. Here’s how it’s all going to play out. Why Is Google Giving Refunds? Google has a… Source link

Florida’s insurance market was depleted long before Hurricane Ian made landfall, with six insurers deemed insolvent this year alone. The aftermath of the most powerful storm to hit Southern Florida is expected to exacerbate the slow-moving crisis further, leaving millions of residents in the state without insurance coverage. “Terms like 100-year events and 1,000-year events really aren’t capturing what’s happening,” Craig Fugate, former FEMA director under President Obama, told Yahoo… Source link

NEW YORK — The world of smartphones is still mostly ruled by two names: Apple and Samsung. It’s been that way for years. And yet, Google is still trying to bust up the status quo. Alongside its first Pixel smartwatch and a new tablet that transforms into a smart home speaker, the company unveiled its $599 Pixel 7 and $899 Pixel 7 Pro smartphones in New York on Thursday. Like most phones introduced this year, these new Pixels come with some unsurprising upgrades — think brighter screens… Source link

While equities declined this week, the major fireworks were happening in the bond market, both in the US and abroad. In continuation of our series “What to do in a bear market,” Yahoo Finance asked the experts to weigh in on what’s happening in fixed income and if the traditional 60/40 [equites/bonds] portfolio is dead or alive. What just happened in bond market this week? Earlier in the week, the British pound fell to a new low against the U.S. Dollar and the U.K.’s 2-year Gilt surged… Source link

WASHINGTON – The Federal Reserve barreled ahead with a third straight outsize interest rate hike Wednesday in an effort to squash high inflation – but economists worry the campaign is increasingly risking a recession by next year. The Fed raised its key short-term rate by three-quarters of a percentage point to a range of 3% to 3.25%, a higher-than-normal level designed to ease inflation by slowing the economy. It also significantly bumped up its forecast for what that rate will be at… Source link

Each week, we’ll dive into understanding the most surprising fantasy performances from the NFL action. These are the players who won — or maybe lost — your fantasy matchup. We like to think we know a few things after Week 1, but trying to decipher what’s a fact and what’s a fluke can tie your brain in knots. There are all kinds of reasons that logical decision-making falls by the wayside in fantasy football (see some of them here). Let’s check in with a few Week 2 surprises and figure… Source link

The war in Ukraine has turned against Russia and its authoritarian president, Vladimir Putin, with Ukrainian forces routing battered Russian units and retaking surprising amounts of turf in northeast Ukraine. But Putin still has some potent weapons he can deploy, and an energy war with the West is erupting in parallel with the military war in Ukraine. Despite bruising sanctions, Russia remains the world’s third largest exporter of oil and natural gas, and in coming months, Putin seems very… Source link