The global economy is likely to grow so slowly in 2023 that it will certainly feel like a recession, one economist says. “The global economy is slowing, and risks are to the downside,” Morgan Stanley Global Chief Economist Seth Carpenter wrote in a new note, adding that “we are on the cusp of a loose definition of recession.” And given the general nature of the slowdown, “the distinction between a recession and not is going to be a little murky,” Carpenter told Yahoo Finance Live… Source link
Read More »Monthly Archives: December 2022
Here comes a ‘loose’ recession
The global economy is likely to grow so slowly in 2023 that it will certainly feel like a recession, one economist says. “The global economy is slowing, and risks are to the downside,” Morgan Stanley Global Chief Economist Seth Carpenter wrote in a new note, adding that “we are on the cusp of a loose definition of recession.” And given the general nature of the slowdown, “the distinction between a recession and not is going to be a little murky,” Carpenter told Yahoo Finance Live… Source link
Read More »Yahoo NBA DFS Breakdown: Wednesday, Dec. 7
Thunder guard Josh Giddey could be set for a big game on Wednesday. We have a full 11-game slate on tap Wednesday night in the Association, and several intriguing matchups should be highly competitive and feature some very fruitful performances from a DFS perspective. As customary, we’ll dive into a pair of candidates to consider deploying in your Yahoo lineups, along with one player at each position that may be worth steering clear of. Guards Josh Giddey, OKC at MEM ($29): Giddey has… Source link
Read More »NHTSA opens safety probe over Honda CR-V & HR-V SUVs
The potential for a huge recall of Honda (HMC) vehicles in the U.S. is on the horizon. Auto safety agency NHTSA (National Highway Traffic Safety Administration) is opening a preliminary investigation into issues affecting 1.72 million Honda CR-V and HR-V SUVS. The probe is looking into allegations of loss of power for some drivers at highway speeds without warning. The power loss failure is attributed to “differential seal leaks resulting in rear differential lock-up,” per NHTSA field reports…. Source link
Read More »Google Launches ‘Year in Search’ Overview for 2022
Google has launched its 2022 ‘Year in Search’ overview, which provides a snapshot of the key interests and trends throughout the year, based on Google Search activity. And it certainly provides a quick dose of recent nostalgia. As per Google: “Wordle was the top trending search globally, as guessing five-letter words every day became a way of life. We also saw pop culture continue to leave its mark as we searched for “how to become a fighter pilot” thanks to “Top Gun:… Source link
Read More »U.S. SEC to vote on proposals that could overhaul Wall St. trading
By John McCrank NEW YORK, Dec 7 (Reuters) – The U.S. Securities and Exchange Commission will vote on whether to propose some of the biggest changes to the American equity markets in nearly two decades at a Dec. 14 meeting, the agency said on Wednesday. The potential changes include new rules that would require marketable retail stock orders to be sent to auctions before they are executed, a new standard for brokers to show they get the best possible executions for client orders, and lower… Source link
Read More »Congress doubles down fight against Live Nation after Taylor Swift ticketing fiasco
Congress is ramping up its fight against Ticketmaster’s parent company, Live Nation Entertainment (LYV), following last month’s Taylor Swift ticketing fiasco. On Tuesday, the House Energy and Commerce Committee wrote a letter addressed to Live Nation CEO, Michael Rapino. It requested a rundown of Live Nation’s ticketing process for Swift’s “Eras” tour, in addition to a list of actions the company has since taken to ensure consumers can better access live entertainment. The letter also asked… Source link
Read More »Why I think email is still the best communication service, as Yahoo Mail for iOS gets another upgrade
Earlier this fall, Yahoo Mail added new features designed to streamline how users manage commerce features via email. As the Christmas season likely leads to more email newsletters, shopping alerts, and discounts, read on to learn how Yahoo is looking to improve signal-to-noise with your inbox. Yahoo Mail’s new top-of-inbox navigation makes it easier for users to save money and shop seamlessly from their inbox. The update includes a gift card view that allows users to easily manage… Source link
Read More »Stocks struggle to rebound as selling pressure continues
U.S. stocks edged lower in choppy trading Wednesday, extending a downtrend that started the week as investors weigh higher interest rates and the prospect of an economic downturn against optimism around easing COVID protocols in China. The S&P 500 (^GSPC) slumped 0.3%, while the Dow Jones Industrial Average (^DJI) fell roughly 50 points, or 0.2%. The technology-heavy Nasdaq Composite (^IXIC) sank 0.7%. In commodities markets, oil extended losses to trade near $72 per barrel after a decline of… Source link
Read More »Stocks struggle to rebound as selling pressure continues
U.S. stocks edged lower in choppy trading Wednesday, extending a downtrend that started the week as investors weigh higher interest rates and the prospect of an economic downturn against optimism around easing COVID protocols in China. The S&P 500 (^GSPC) slumped 0.3%, while the Dow Jones Industrial Average (^DJI) fell roughly 50 points, or 0.2%. The technology-heavy Nasdaq Composite (^IXIC) sank 0.7%. In commodities markets, oil extended losses to trade near $72 per barrel after a decline of… Source link
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