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By this point in the COVID-19 pandemic, Best Buy was supposed to be headed back to the days of Best Buy of old — reasonable levels of sales and earnings growth as people bought tech gear only when really needed or around a cool product launch.  But that hasn’t happened, actually quite the contrary.  With work life likely changed forever because of the pandemic — at the very least well into 2022 judging by pushed out return-to-office dates from the likes of Apple and others — Best Buy… Source link

AKRON, Ohio — The piece of metal that struck a Cedar Point amusement park guest waiting in line for the Top Thrill Dragster roller coaster was about the size of “a man’s hand,” according to state investigations. The accident has left 44-year-old Rachel Hawes of Michigan in intensive care with a brain injury, according to a family statement released to a Cleveland TV station. “We are devastated by last weekend’s accident at Cedar Point,” the statement said. “We want to thank everyone for… Source link

Billionaire bond investor Jeffrey Gundlach, the founder and CEO of $137 billion DoubleLine Capital, says his number one conviction over several years is that the U.S. dollar will decline as a consequence of current economic policies, resulting in the U.S. losing its sole reserve currency status. “My number one conviction looking forward a number of years — I’m not talking about the next few months at all, I’m talking about several years — is that the dollar is going to go down,” Gundlach… Source link

Hospitals in the U.S. South have quickly become overwhelmed with COVID-19 patients as cases continue climbing amid the surge of the Delta variant of coronavirus. And while there are indications that Delta transmission tends to subside after around 50 days, some health professionals see things getting worse before getting better. “We’ve seen it pick up with children, young adults, young women, pregnant women, unfortunately,” Dr. Ellen Eaton, assistant professor at the University of… Source link

Taliban fighters patrol in the Wazir Akbar Khan neighborhood in the city of Kabul, Afghanistan, Wednesday, Aug. 18, 2021. (AP Photo/Rahmat Gul) The chaotic departure of U.S. troops from Afghanistan obscures an important national-security development: The American counter-terrorism effort of the last 20 years has generally worked, while getting more efficient and much cheaper over time. U.S. troops invaded Afghanistan 20 years ago to root out the al Qaeda terrorists who perpetrated the Sept…. Source link

Los Angeles Chargers dual-threat running back Austin Ekeler is partnering with Yahoo Sports this … [+] season. (Photo by Nick Tre. Smith/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images Austin Ekeler became a household name—especially to fantasy football enthusiasts—during the 2019 NFL season as Los Angeles Chargers starting running back Melvin Gordon continued his holdout in the hopes of securing a new contract. Even after Gordon made his season debut in… Source link

Central bankers will convene virtually this week to discuss an “uneven economy,” which could ignite a debate on the Federal Reserve’s policies as they relate to racial inequality and climate change. The Fed’s annual Jackson Hole Economic Symposium is set to kick off on Thursday with the theme: “Macroeconomic Policy in an Uneven Economy,” a departure from the vague themes of years’ past (i.e. “Implications for Monetary Policy” and “Challenges for Monetary Policy”). In… Source link

  One of the best things on FantasyPros is the Expert Consensus Rankings (ECR). Fantasy Football rankings are subjective, and as such, they vary from site to site and expert to expert. So as you are doing your pre-draft preparation, it is good to get as many opinions as possible, hence the value of the ECR. Once draft day comes and you are in your draft room, though, you can often be swayed by the default rankings on the platform you are using. Those rankings are typically… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, August 24, 2021 A ‘maximalist’ vision of bitcoin means every company will be a crypto company. Oh what a difference a summer makes. Bitcoin’s (BTC-USD) slow but steady rebound from its spring lows saw the crypto unit top $50,000 on Monday, with the latest move greased by PayPal’s (PYPL) announcement that it would let U.K.-based… Source link

(Bloomberg) — The chief executive officers of Apple Inc., Microsoft Corp. and Amazon.com Inc. plan to attend a White House meeting with President Joe Biden this week to discuss efforts by private companies to improve cybersecurity following a dramatic uptick in ransomware and online attacks over the past year. Apple’s Tim Cook, Microsoft’s Satya Nadella and Amazon’s Andy Jassy plan to attend the event scheduled for Wednesday afternoon, according to people familiar with the matter. The… Source link