Author: usaeverydaylife

In a Thursday interview with CNBC’s Jim Cramer, the former chief of the Department of Justice’s antitrust division Jonathan Kanter described how the advertising landscape might start to change now that Alphabet’s Google has lost two antitrust cases brought on by the government.”The remedies in this case, as well as the search case, are going to be forward-looking in nature,” Kanter said.”That means the infrastructure for selling advertising against AI, for example, is going to be highly relevant to formulating the remedies in this case,” he continued.Hopefully, he added, there will be new opportunities for businesses to monetize AI through…

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Shop owners of a 70-year-old “takoyaki”, or octopus balls, restaurant chat while cooking along a street in the Taito Ward area of Tokyo on February 21, 2025.Richard A. Brooks | Afp | Getty ImagesJapan’s inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan’s 2% target.The figure was lower than the 3.7% seen in February.The so called “core-core” inflation rate, which strips out prices of both fresh food and energy and is closely monitored by the BOJ, climbed to 2.9% from 2.6% in the month before.Core inflation…

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Federal Reserve Chair Jerome Powell departs after speaking with Dr. Raghuram Rajan, a Professor of Finance at the University of Chicago’s Booth School, during an Economic Club of Chicago event on April 16, 2025 in Chicago, Illinois.Vincent Alban | Getty ImagesThe Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to average results over two years in setting capital requirements.The central bank also proposed giving banks three more months to adjust to the capital requirements set by the exam, as part of its overarching bid to make the process more…

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An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty ImagesEtsy is trying to make it easier for shoppers to purchase products from local merchants and avoid the extra cost of imports as President Donald Trump’s sweeping tariffs raise concerns about soaring prices. In a post to Etsy’s website on Thursday, CEO Josh Silverman said the company is “surfacing new ways for buyers to discover businesses in their countries” via shopping pages and by featuring local sellers on its website and app.”While we continue to nurture and enable cross-border…

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Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023.Joan Cros | Nurphoto | Getty ImagesNetflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story.Netflix posted a big beat on operating margin for the first quarter, reporting 31.7% compared with the average estimate of 28.5%, according to StreetAccount. And it guided well above analyst estimates for the second quarter — 33.3% against an average estimate of 30%.By its own phrasing, Netflix was “ahead” of…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin wrestles with $85,000 on Wall Street’s last trading day of the week. Also, Trump family-backed World Liberty Financial receives a $25 million investment from United Arab Emirates-based market maker DWF Labs. And Alice Liu, head of research at CoinMarketCap, breaks down crypto’s recent outperformance compared to Wall Street. Source link

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Even sharp market sell-offs can have a silver lining for investors. Beyond today’s dollar losses, they may offer an opportunity to boost tax savings tomorrow. President Donald Trump’s April 2 announcement of “reciprocal” tariffs sent the major averages on a wild ride, spurring worries of stubborn inflation on one hand and heightened recession risk on the other. The S & P 500 has fallen more than 6% since news of the tariffs broke earlier this month, and the broad market index ended Wednesday roughly 14% off the high it reached in February. The sudden downdraft in stocks offers long-term investors…

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