U.S. stocks are coming off of their best week since June, and Wall Street’s ability to extend the winning streak in days ahead likely hinges on news out of the retail sector. Lighter inflation data rekindled investor hopes that a monetary policy shift is near, and key earnings results from retailers and the government’s October report on the sector could put that optimism to the test. Walmart (WMT), Target (TGT), and the Home Depot (HD) top a lengthy docket of companies scheduled to unveil… Source link

AMC (AMC) CEO Adam Aron is preparing to go on a shopping spree if struggling theater operators begin to sell their locations amid financial struggles. “I think there’s going to be an opportunity for us to pick up theaters quite inexpensively and pick up really high-quality theaters and potentially quite profitable theaters,” Aron said on Yahoo Finance Live (video above). “Right now, because of the unique position we’re in, that we have liquidity and a lot of our competitors do not, I think… Source link

South Korea lawmakers observe that as broadband is essential for society, so is broadband cost … [+] recovery. getty South Korea National Assembly member and Chair of the Committee for Science, Technology, Broadcasting and Communication, Young-Chan Yoon of the Democratic Party of South Korea and more than a dozen lawmakers from leading parties proposed an amendment to the telecom framework on September 8. A series of hearings have bill held around the bill which mandates no fees but… Source link

NEW YORK — Israel Adesanya was knocked out in his second kickboxing fight by Alex Pereira despite controlling most of the bout until the finish. On Saturday in the main event of UFC 281 at Madison Square Garden, history repeated itself. Adesanya was controlling the fight, hurt Pereira twice and was seemingly on the way to a decision victory. Then, out of nowhere, the hard-hitting Pereira cracked Adesanya with a combo and the course of UFC history was changed. The first right hand hurt… Source link

Halfway through November, the NHL is up and running and firing on all cylinders. It’s been an interesting season thus far, and that will hopefully continue Sunday. There are five games starting at 6 p.m. EST or later. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Igor Shesterkin, NYR vs. ARI ($36): Both teams are on the second leg of a back-to-back, but Shesterkin and the Rangers are at home. The Coyotes come in last in shots on net allowed per game. Shesterkin is… Source link

Even hip-hop icon Fat Joe is feeling the sting of inflation. “My wife is upset with the economy because everybody’s doing terrible out here — and we have more friends that are middle class to poor than we have rich friends,” the millionaire “Lean Back” singer said in a new edition of Yahoo Finance Presents. “You know, my wife came home from the supermarket. She had one bag. She was like: ‘It was $350… one bag.’ It’s crazy.” While the stock market embraced the latest Consumer Price Index… Source link

NEW YORK (AP) — Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday. The embattled company’s new CEO John Ray III said Saturday that FTX is switching off the ability to trade or withdraw funds and taking steps to secure customers’ assets, according to a tweet by FTX’s general counsel Ryne Miller. FTX is also coordinating with law enforcement and regulators,… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy is continuing to grow, having produced a record number of downloads and consumer spending across both the iOS and… Source link

Disney (DIS) is reining in its spending after the company reported weak fourth quarter earnings, which sent the stock plummeting to a new 52-week low as investors zeroed in on the media giant’s widening streaming losses. In an internal memo obtained by Yahoo Finance, Disney CEO Bob Chapek told division leaders on Friday that the company has established “a cost structure taskforce” to help Disney+ reach its profitability targets. “As we begin fiscal 2023, I want to communicate with you directly… Source link

This article is part of our Yahoo DFS Hockey series. It’s a beautifully busy night of NHL hockey Saturday. There are 11 games on the slate, which I always love to see. Saturdays are for hockey. Here are some players to target, and to avoid, for your DFS lineups. Let’s do this thing! GOALIE Logan Thompson, VGK vs. STL ($41): How good has Thompson been this year? He just allowed four goals to the high-flying Sabres and still has a 2.32 GAA and .925 save percentage. This matchup should be… Source link