Yahoo News

Senators Elizabeth Warren (D-MA) and John Kennedy (R-LA) sent a letter to a key student loan servicer CEO over “what appear to be false and misleading” statements during a congressional testimony on April 13, Yahoo Finance has learned. “We write to seek information on what appears to be false and misleading testimony that you provided at a hearing before the Committee on Banking, Housing, and Urban Affairs’ Subcommittee on Economic Policy on April 13, 2021,” they wrote.  Warren, the chair… Source link

“Shark Tank” investor Kevin O’Leary has a message for corporate America: hiring dyslexics can pay dividends for your business. He should know. The hard charging, say-it-like-it-is business mogul has struggled with the learning disability since he was a child. In an emotional interview, O’Leary opened up to Yahoo Finance about overcoming his Dyslexia and why he views it as a “super power” that has helped him succeed in business. “It’s the out of the box thinkers that make companies… Source link

The San Jose Sharks will become the first National Hockey League team to accept cryptocurrency next season — but it’s not an elaborate play to gain value from the assets. Instead, Sharks President Jonathan Becher told Yahoo Finance this week that he believes blockchain technology will make ticket exchanges more secure. “It’s good for consumers because it reduces fraud,” Becher told Yahoo Finance Live. “Crypto is nearly impossible to counterfeit … and fraudulent tickets and… Source link

You have roster needs, we have sensible solutions. All players featured here are available in a majority of Yahoo leagues and all can (hopefully) help your fantasy squad. Let’s go prospecting… Jarren Duran, OF, Boston Red Sox (10% rostered) Let’s get ahead of the next buzzy call-up by getting Duran stashed today — right now. Do it. Duran has homered six times in his last 12 games, including a walk-off opposite-field bomb on Sunday: He’s up to 13 homers on the season at Triple-A along with… Source link

FedEx (FDX) is poised to report fiscal fourth-quarter earnings after market close on Thursday, with the shipping company’s results likely to get a boost from persistent strength in e-commerce and a pick-up in business and international shipping. Here are the main metrics expected from FedEx’s report, compared to consensus estimates compiled by Bloomberg: The Memphis, Tennessee-based company is expected to see sales grow by 24% over last year, or at the fastest rate since at least 2010, based… Source link

Rudy Giuliani, the former personal attorney for former President Donald Trump, was suspended Thursday from practicing law in New York. Giuliani, who was also a New York City mayor and U.S. attorney, had propagated baseless claims of widespread voter fraud and tried to persuade state legislators to override the will of the voters during the 2020 presidential election A New York appellate court found that “there is uncontroverted evidence that respondent communicated demonstrably false and… Source link

Surging inflation is creating a conundrum for the Federal Reserve, economist Nouriel Roubini cautioned on Wednesday, adding that spiking prices will persist and potentially tie the central bank’s hands. With demand soaring, the resulting supply and labor bottlenecks are lighting a fire under prices. Although the Fed insists the effects are “transitory,” Roubini — also known as “Dr. Doom” for his gloomy economic predictions — warned that the central bank won’t be able to tighten monetary… Source link

New weekly jobless claims resumed declining last week but by a smaller than expected margin, underscoring the still-choppy recovery in the U.S. labor market.  The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended June 19: 411,000 vs. 380,000 expected and an upwardly revised 418,000 during prior week Continuing claims,… Source link

A section of Champlain Towers South, a Miami Beach condominium just one block from where Jared Kushner and Ivanka Trump are leasing a home, crumbled in the wee hours of Thursday morning. Screengrab/Google Street View; Screengrab/Alex Hernandez via Twitter A person died with 8 more injured in a Florida building collapse early Thursday, local media said. A video posted on Twitter showed damage to Champlain Towers on 8777 Collins Avenue, Surfside. The building is one block from Ivanka Trump and… 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 Thursday, June 24, 2021 Supply can’t meet demand, housing edition We’ve periodically checked in on the housing market at The Morning Brief over the last year, and the story has, in general, been consistent.  Home prices are rising amid a surge in demand, while low interest rates enable buyers to afford more house.  But cracks in the housing market… Source link