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Initial unemployment claims likely dropped for a seventh straight week to a fresh pandemic-era low, with the number of newly unemployed individuals trending down as economic activity ramped further. In the coming weeks, a phase-out of enhanced unemployment benefits across many states may further decrease the total number of claimants.   The Department of Labor is set to release its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here are the main metrics expected from the… Source link

World Wrestling Entertainment (WWE) is readying to tag in loyal fans back into the viewing experience when it returns to live touring in mid-July. And it looks like they are more than willing to accept that tag.  “Ticket sales are looking great,” WWE Chief Brand Officer Stephanie McMahon told Yahoo Finance Live.  WWE said it will begin a 25-city tour in Texas on July 16. It will mark WWE’s return to live touring — which includes fans in the stadiums — since the COVID-19 pandemic began in… Source link

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

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

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

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

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

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

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

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