Yahoo News

We’re halfway through the year, and while the markets have been volatile, investors are having a good time so far. The S&P 500 has gained 11% year-to-date, and the tech-heavy NASDAQ has gained 9%. With the Fed keeping interest rates at historic lows, stocks are offering better rates of return – and they are keeping ahead of inflation, as well. But while the overall markets are up, individual stock performance can and will vary. Which means that in the midst of a general rising trend,… Source link

Yahoo Mobile is shutting down on August 31 as a result of Verizon’s sale of the Yahoo brand to the Apollo Global Management investment firm. On August 31, Yahoo Mobile — an unlimited call, text, and data smartphone plan currently owned by Verizon — will shut down. The plan was only launched in March last year, but it will be shuttered as part of Apollo Global Management’s acquisition of Verizon Media, of which the Yahoo brand is a part. The deal is… Source link

The NBA fined Philadelphia 76ers center Joel Embiid $35,000 and suspended the Atlanta Hawks center Bruno Fernando one game without pay following the altercation between the teams in Game 6, the league announced on Sunday.  The 76ers and Hawks meet for Game 7 at Wells Fargo Center in Philadelphia. Tipoff is 8 p.m. ET on TNT. Fernando was suspended for leaving the bench area during the altercation and will serve it on Sunday.  Embiid fined for ‘escalating’ situation  Embiid fell on top of the… Source link

EDEN, N.C. (AP) — The body of a fourth tuber has been found in a North Carolina river following a deadly accident in which a family on a recreational float went over a dam, local officials said Sunday. The Rockingham County Sheriff’s Office confirmed in a news release that Isiah Crawford, 7, was the person who was found in the Dan River. Another tuber, Teresa Villano, 35, is still missing. The search for her continued on Sunday, including near the Virginia state line, officials said. The… Source link

Thanks to James Harden’s hamstring, Kyrie Irving’s ankle and Kevin Durant‘s toes, the Brooklyn Nets are out of the NBA playoffs.  The Nets were overwhelming favorites to win it all before their second-round series against the Bucks, and those odds got even shorter after taking a 2-0 lead. More than 40 percent of the money wagered on who would win the NBA championship was on the Nets. After Brooklyn’s Game 7 loss on Saturday night there were a lot of torn-up tickets and some very happy… Source link

Investors this week are set to eye a number of economic data prints, including an update on the Federal Reserve’s preferred measure of inflation — personal consumption expenditures (PCE). Corporate events will include Amazon’s annual shopping extravaganza. This week’s inflation report from the U.S. Bureau of Economic Analysis on PCE will take on additional significance after the Fed upgraded its forecast on inflation for this year and next. The Fed’s updated median outlook for inflation… Source link

Colleges are increasingly making standardized tests optional for applicants, leading to questions about whether or not the companies profiting from broad-based testing should be the de facto gatekeepers of the higher education admissions system. “The test prep industry has become a multi-billion dollar industry, and it’s growing and expanding at a high rate,” Susan Paterno, a professor of English and director of the journalism program at Chapman University and previously served on a… Source link

Chris Noth’s return to the role of Mr. Big in the “Sex and and the City” revival almost didn’t happen. The actor tells Yahoo Finance Live that at first, he was “hesitant” about reprising his role as Carrie Bradshaw’s on-again, off-again main squeeze in the Emmy-winning HBO comedy-drama that originally ran from 1998-2004. “It was a little bit of a sort of creative negotiation because I didn’t really feel I had anything to offer in that role again. It kind of felt like I had done… Source link

Welcome to the start of the conference finals and the conclusion of the second round. Sunday features Game 7 between the Hawks and 76ers and the first game of the Western Conference Finals. Yahoo Sports’ Minty Bets has the advice that you need. All odds via BetMGM. Atlanta Hawks at Philadelphia 76ers (-7), Total: 216.5 Let’s start with the final game of the second round of the playoffs. The Hawks and Sixers tip off at 8 p.m. ET and the winner plays the Milwaukee Bucks in the Eastern… Source link

Jeff Bezos is set to launch aboard the New Shepard rocket on July 20. Mandel Ngan/AFP via Getty Images; Blue Origin Petitions to stop Jeff Bezos’ Earth re-entry collected more than 41,000 signatures between them. The one with the most signatures is entitled: “Do not allow Jeff Bezos to return to Earth.” Bezos will fly into space on July 20 for Blue Origin’s first human flight of New Shepard rocket. See more stories on Insider’s business page. More than 41,000 people have signed petitions calling… Source link