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This week is set to be a relatively quiet one for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their “blackout period” ahead of their June policy-setting meeting. Still, new data on consumer price inflation will be of interest, since market participants have been looking for signs that the post-pandemic recovery is generating a surge in prices amid supply chain and labor shortages and booming demand.  The Labor… Source link

Q: For people that use Yahoo! or AOL email, what happens to their accounts now that Verizon has sold these assets? Will they need to seek out new providers? How does this work for consumers?   — Connie G., Hobe Sound  A: In May 2021, Verizon sold its equity share in both AOL and Yahoo! to Apollo Global Management for approximately $5 billion. In addition to the main brands involved, the sale also included entities like TechCrunch and Engadget, as well as a number of AOL and… Source link

(Bloomberg) — The Russell Reconstitution is a big deal every year, but this time, potential changes for GameStop Corp. and AMC Entertainment Holdings Inc. make it interesting for a broader swath of investors than normal. The annual reconstitution of Russell’s U.S. family of indexes accounts for market changes in the previous year, and it affects more than $10.6 trillion in investor assets benchmarked to, or invested in, products based on the Russell U.S. Indexes, according to its website…. Source link

(Bloomberg) — Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process. Bitcoin and many others in the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 12:20 p.m. in London on Sunday, according to pricing data from CoinGecko, though No. 2 Ether was slightly higher…. 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! Here’s an oversimplification: things haven’t exactly been trending in the right direction for the rebuilding Orioles this season. That disturbing trend continued on Saturday afternoon when ace left-hander John Means, who tossed a no-hitter against the Mets last month, was… Source link

The Nets had hustle and star power in Game 1. (Photo by Tim Nwachukwu/Getty Images) Even with only a big 2 (or big 14, according to Kevin Durant), the Brooklyn Nets are still formidable. The Milwaukee Bucks confirmed that for themselves on Saturday. The Nets defeated the Bucks 115-107 in Game 1 of the Eastern Conference semifinals, riding big nights from Durant and Kyrie Irving at home in Barclays Center. The game opened with a brutal turn of events for the Nets, as James Harden exited after… Source link

Injuries have been a main character throughout this NBA season, so it would be unrealistic for it to allow the most anticipated playoff series to unfold uninterrupted. But for some reason, James Harden coming up lame in the first minute seemed to affect the Milwaukee Bucks more than the Brooklyn Nets. Perhaps it’s because the Nets have dealt with uneven turf all season, yet still find themselves discovering new elements, morphing into a more dogged bunch. Harden’s nonemotional reaction to… Source link

(Bloomberg) — El Salvador’s Nayib Bukele, Latin America’s youngest president who’s known to break from the norms, said he plans to send legislation that would make Bitcoin legal tender in the country. “In the short term, this will generate jobs and help provide financial inclusion to thousands outside the formal economy,” Bukele said in a video broadcast at the Bitcoin 2021 conference in Miami. He said he would submit the legislature a bill next week. In a series of tweets, the… Source link

(Reuters) – Floyd Mayweather will give up nearly 35 pounds (16 kg) to YouTube personality Logan Paul when they step into the ring for their exhibition fight at Hard Rock Stadium in Miami on Sunday but that is the only thing the undefeated five weight division champion is conceding. The “ceremonial” weigh-in on Saturday produced no surprises with the 6 feet, 2 inches (1.88 m) Paul always going to have an advantage on the scales coming in at 189.5 lbs with the 5-foot, 8-inch (1.73 m) Mayweather… Source link

Everything that is great about heavyweight fighting and everything that is wrong with it was on display in the opening five minutes of the main event of UFC Vegas 28 on Saturday between Jairzinho Rozenstruik and Augusto Sakai. For more than four minutes at Apex, the two big men circled each other cautiously, their right hands cocked but rarely coming out of the holster. That was the bad part. But then, when Rozenstruik heard the clapper to signify 10 seconds were left in the round. He exploded… Source link