Yahoo News

Fed holds rates at near zero, projects two possible rate hikes by end of 2023

The Federal Reserve on Wednesday held interest rates at near-zero but optimism over the progression of the U.S. economic recovery spurred more Fed officials to pencil in rate hikes by the end of 2023. The Fed also reiterated for now its commitment to its asset purchase program, which is absorbing about $120 billion a month in assets. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,”… Source link

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Breaking Down BTIG’s New Bullish Call

Until recently, Bionano Genomics (BNGO) was a name flying under Wall Street’s radar. Yet, investors have taken a shine to the life sciences company in the past year and in tandem with some mighty share gains, there is a growing awareness that the company could be a force to be reckoned with in the field of cytogenetics. The latest analyst to present investors with the opportunity is BTIG’s Sung Ji Nam. “We believe BNGO is on the cusp of disrupting the cytogenetics testing market… Source link

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Blockchain is most impactful technology since internet: Financial adviser

Blockchain technology has revolutionary potential for the world of international commerce, according to a financial advisor. Ric Edelman, founder of Edelman Financial Engines, joined Yahoo Finance Live to discuss new developments in the crypto market, as well as the broader implications of blockchain technology in financial markets. Newer digital assets, like Bitcoin (BTC-USD) are not currently understood well enough among finance professionals, he said. This has led to them missing out on… Source link

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Yahoo Sports reports John Calipari is “open” to a return to the NBA

We have our first Calipari-to-NBA report of the offseason. With six head coach openings in the NBA now – the Boston Celtics, Indiana Pacers, New Orleans Pelicans, Orlando Magic, Portland Trail Blazers and Washington Wizards all have vacancies – Kentucky coach John Calipari is reportedly open to a return to the league. Yahoo Sports is reporting that, due to the “changing dynamics” and “massive expectations” at Kentucky, Calipari could be looking for a “second bite” in the… Source link

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U.S. Open at Torrey Pines

The App is Back! Don’t forget to download the NBC Sports EDGE app to receive real-time player news, mobile alerts and track your favorite players. Plus, now you can check out articles and player cards. Get it here! Some golf courses favor a particular skillset and Torrey Pines certainly fits that bill. It requires an all-around skillset but one of the key skills required is power. As a par 71 that stretches out past 7,600 yards and features thick, kikuyu rough, the short hitters are going to… Source link

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The Bachelor star Matt James to Chris Harrison: ‘Buy bitcoin’

Former “The Bachelor” star Matt James has a piece of advice for Chris Harrison, former host of “The Bachelor”: “Buy bitcoin.” The embattled host received a reported $25 million exit package after leaving the show amid a racism controversy. “The smartest thing that could be done with any of the payout would be to buy as much bitcoin as possible,” James told Yahoo Finance. “Because right now, it’s at an all-time low if you’re looking at the past few months.”  James said he sees an… Source link

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Top MLB closers show their worth

Elite fantasy closers surprisingly dependable How relief pitchers are valued can vary greatly between fantasy leagues based on formats, but so far the elite closers have been well worth their ADP (which was as high as the 3rd/4th round in NFBC’s Main Event, which has an overall prize component). Liam Hendriks recorded his AL-leading 18th save Tuesday night, lowering his ERA to 2.15 with a 46:3 K:BB line. Josh Hader has a 0.65 ERA and ranks as a top-25 fantasy player this year. Aroldis… Source link

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People hospitalized with COVID-19 now have one overwhelming thing in common. They’re not vaccinated.

In Minnesota, the HealthPartners system has seen a “precipitous decline” in COVID-19 hospitalizations, says Dr. Mark Sannes, an infectious disease physician and senior medical director for the system, which operates nine hospitals and more than 55 clinics. But now, nearly every admitted patient he does see is unvaccinated. “Less than 1% of our hospitalized COVID patients are vaccinated,” he said. In Ohio, at University Hospitals Cleveland Medical Center, only 2% of the COVID-19 patients… Source link

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Yahoo Cup PGA DFS Picks: The US Open Championship

Looking for a way to learn PGA DFS without jumping in with both feet? We have a perfect solution for you. This year, Yahoo and Yahoo Fantasy are offering a $10,000 freeroll called the PGA “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. That winner will receive $1,000. Ultimately, winning the Yahoo Cup comes down to picking the right golfers. Today I will provide my top three value PGA DFS picks based… Source link

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Cristiano Ronaldo just made Coca-Cola the most interesting stock on Yahoo Finance

With Coca-Cola’s stock (KO) recently getting a favorable mention among meme stock traders on Reddit, it shouldn’t come as a shock shares of the beverage maker are seeing significant interest after a high-profile athlete snub.  Soccer great and well-known health fan Cristiano Ronaldo sat down at a press conference Tuesday at the Euro 2020 and angrily moved two bottles of Coca-Cola to the side (see video below). Coke is a sponsor of Euro 2020. Ronaldo — who has roughly 392 million followers… Source link

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