Domantas Sabonis is among the players to watch in Monday’s Nets-Kings game. Tuesday brings five games across the NBA that will contain plenty of star power. The first game of the night is a battle between two Western Conference teams with playoff aspirations, with the Pelicans hosting the Grizzlies. The big news in that game is that Jaren Jackson Jr. (foot) is expected to make his season debut. However, it’s not all positive for the Grizzlies considering Desmond Bane (toe) is out… Source link

Sen. Cynthia Lummis (R-WY) likened some aspects of FTX’s collapse to a Ponzi scheme, with the crypto exchange’s bankruptcy prompting her to review the crypto regulation bill she and Sen. Kirsten Gillibrand (D-NY) put forth in June. “Certainly when you’re taking customer assets out of FTX, sending them over to shore up Alameda, that’s co-mingling assets that belong to your customers, that you are custody-ing for them— taking them and using them for your own purposes— borrowing from… Source link

The Biden administration isn’t ruffled by a potential Trump presidential run in 2024, according to U.S. Transportation Secretary Pete Buttigieg. “He can do whatever he likes,” Buttigieg told Yahoo Finance Live, declining to say Trump’s name. Buttigieg added the Biden administration is “working on getting results for people” by getting inflation under control and jumpstarting investment in the country. The tone may be very different from the Trump camp Tuesday evening. Trump is poised to make a… Source link

The hedge fund of the billionaire Sir Christopher Hohn has written to Alphabet saying staff at the Google and YouTube parent are paid too much and its workforce should be drastically cut back. London-based TCI, which has been a significant investor in the company since 2017 and holds a stake valued at $6bn (£5.1bn), has written to its chief executive, Sundar Pichai, urging it to emulate cost-cutting measures introduced by big tech rivals including the Facebook-owner, Meta, Amazon and… Source link

Goldman Sachs is pushing back on the notion that headline-grabbing layoffs from big-cap tech companies are a sign of a looming U.S. recession. “Tech layoffs are not a sign of an impending recession,” Goldman Sachs chief economist Jan Hatzius wrote in a note to clients on Tuesday. As the year nears a close, the layoffs announcements have picked up in tech land amid a terrible year for stock prices and slowing growth. In the past two weeks alone, Meta and Amazon have unveiled combined job cuts of… Source link

Wall Street may be cheering on the recent downtick in the rate of inflation by way of the Consumer Price Index (CPI), but Walmart (WMT) isn’t ready to declare an end to sky-high prices just yet. “I can’t call that,” Walmart CFO John David Rainey said on Yahoo Finance Live (video above) when asked if inflation had peaked. “Food inflation, in particular, has been pretty persistent. We see it in mid-teens growth [in grocery sales]. In general merchandise, we have seen more progress, but I can’t… Source link

Fresh geopolitical tension put a halt to a significant stock rally on Wall Street Tuesday, as investors assessed reports that Russian missiles crossed into Poland. The S&P 500 (^GSPC) pared early morning gains, ticking slightly higher by 0.2% during midday trading, while the Dow Jones Industrial Average (^DJI) slipped by 0.2%. The technology-heavy Nasdaq Composite (^IXIC) also lost some early gains but remained up 0.7% in the afternoon. Poland Prime Minister Mateusz Morawieck convened a… Source link

This article is part of our Yahoo DFS Hockey series. We’re midway through November as of Tuesday. Interestingly, while there are nine games on the docket for the NHL, there are zero teams on the second leg of a back-to-back. We’ve got fresh teams, and fresh recommendations for players to target and to avoid for your DFS lineups. GOALIE Logan Thompson, VGK vs. SAN ($38): Thompson’s been a fine No. 1 goalie for Vegas, as he has a 2.32 GAA and .925 save percentage. He’s got a nice… Source link

Google Cloud is relentless in its efforts to transform healthcare. This week, at one of the world’s largest healthcare innovation conferences, HLTH, the organization announced yet another step forward: the launch of three new Healthcare Data Engine (HDE) accelerators which will aim to address pertinent issues that plague healthcare delivery. The overarching goal of these accelerators will be to utilize Google Cloud’s powerful platform to increase healthcare data accessibility,… Source link

Netflix stock (NFLX) is at a 7-month high after three straight sessions of gains, buoyed by bullish investor sentiment surrounding the streaming platform’s newly launched ad-supported tier. Shares of the media giant, down roughly 50% since the start of the year, have climbed nearly 60% over the past six months. The stock rose about 3% in premarket trading on Tuesday. The ad plan, dubbed “Basic with Ads,” rolled out on November 3 with a price tag of $6.99 a month in the U.S. — just below… Source link