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Gap Swings to Profit With Turnaround Under Way Amid Persistent Inflation

Gap Inc.’s GPS 5.56% turnaround efforts resulted in a return to a profit in the latest quarter as results for retailers remain mixed amid stubbornly high inflation. The apparel retailer, whose holdings include Old Navy and Banana Republic, said its third-quarter results highlighted its progress in streamlining its brands and reducing its inventory. Like its competitors, economic uncertainty stemming from inflation has shifted consumer…

Covid’s Drag on the Workforce Proves Persistent. ‘It Sets Us Back.’

Two-and-a-half years after Covid-19 emerged, reported infections are way down, pandemic restrictions are practically gone and life in many respects is approaching normal. The labor force, however, is not.Researchers say the virus is having a persistent effect, keeping millions out of work and reducing the productivity and hours of millions more, disrupting business operations and raising costs. In the average month this year, nearly 630,000 more workers missed at least a week of work because of illness than…

‘Battlefield 2042’ update reworks Orbital map and adds persistent server hosting

A new update for Battlefield 2042 reworks the Orbital map and adds the option to host persistent servers that stay live, even when nobody is online. Following the rework of Renewal in September’s update, Battlefield developer EA Dice has “improved gameplay flow” by making adjustments to the Orbital map. The update released earlier today (October 20) and adds “more cover and assets” as well as “terrain improvements”. Orbital is now “more action-packed with an improved atmosphere”. In conquest mode, two flags have been…

Fed Minutes Show Concerns of More Persistent High Inflation

WASHINGTON—Federal Reserve officials expressed concern at their meeting last month over the persistence of high inflation and expected that bringing prices and wages down would likely require the labor market to weaken. Many officials revised higher their expectations for anticipated rate rises, though some signaled greater caution about overdoing increases due to elevated risks of economic and financial volatility, according to minutes of the Sept. 20-21 gathering released Wednesday.…

Fed Official Says Inflation Is ‘Stubbornly Persistent,’ Justifying Rapid Rate Rises

High inflation is proving to be more persistent than anticipated and has created a strong case for the Federal Reserve to lift and then hold interest rates at levels that will slow economic activity, a central bank official said Thursday. The Fed will need to keep rates at restrictive levels “until we are confident that inflation is firmly on the path toward our 2% goal,” said Fed governor Lisa Cook in remarks at the Peterson Institute for International Economics, where she made her…

TidyPanel App Allows You To Hide Persistent Notifications

Persistent notifications can be a real hassle to deal with. Well, if you’re having that problem on your Android phone, we do have a solution. We’re talking about an app, and its name is TidyPanel Notification Blocker.TidyPanel app can easily hide persistent notifications on your phoneTidyPanel is an app with one purpose, to allow you to control persistent notifications. This app can easily remove a persistent notification for you, be it the charging one, or something else entirely.Some OEMs are considerably worse when it…

400 million voting records show persistent gaps in voter turnout by race, age, and political affiliation

Credit: Unsplash/CC0 Public Domain A new study from BYU and the University of Virginia analyzed 400 million voter records from elections in 2014 and 2016 and found that minority citizens, young people, and those who support the Democratic Party are much less likely to vote than whites, older citizens, and Republican Party supporters. Moreover, those in the former groups were also more likely to live in areas where their…

Oracle Financials vs Persistent AI: the Best NLP Stock to Look for 2022

Take a look at the article to find the best NLP stock between Oracle Financials and Persistent AI Natural language processing is ushering in an era once imagined only in novels. NLP is the reason behind the wondrous technologies like almost flawless Google search results, self-driving cars, AI, robotics, and technology-based healthcare systems. NLP is a technological phenomenon that has steadily been gaining headway across the globe. The global Natural Language Processing market size to grow from USD 11.6 billion…

Persistent gender and class differences in cultural voraciousness

Credit: Unsplash/CC0 Public Domain SCI Honorary Researcher Tally Katz-Gerro co-published a new journal article with Oriel Sullivan in the Journal of Consumer Culture that adds to the literature on cultural stratification by revisiting cultural voraciousness, nearly two decades after it was first introduced as a measure of cultural participation designed to capture inequalities in the pace and variety of cultural activities.…

Peloton Swaps Out Finance Chief as It Navigates Persistent Losses

Peloton Interactive Inc. is exchanging its top finance executive about four months after it named a new chief executive, a move that comes as the fitness-equipment maker navigates persistent losses. The New York-based at-home exercise equipment company on Monday said Liz Coddington will serve as its chief financial officer, effective June 13. Peloton said its current CFO, Jill Woodworth, decided…