Yahoo News

The golf boom is continuing this year as people look for fun, socially distanced outdoor activities during the pandemic. And that has caused executives at Dick’s Sporting Goods (DKS) to reach into their cash coffers to upgrade the shopping experience at their important Golf Galaxy stores so they keep pace with rivals such as the PGA Superstore.  Somewhat under the radar, Dick’s said on an earnings call Wednesday it would spend $20 million to bolster its Golf Galaxy stores in a bid to capture… Source link

Just in case you hadn’t noticed: The injuries, they’re bad. Terrible, in fact. Dramatically up compared to 2019. Everyone’s fantasy roster is hurting. It’s rough out there. Let’s try to find a few solutions on the wire for fantasy managers in desperate need of short-term fixes… Margot delivered a walk-off single against the Royals on Wednesday… …continuing a scorching hot stretch for the veteran outfielder. He has multiple hits in each of his last four starts. Margot has four homers among… Source link

After another exciting evening of NBA playoff action, the biggest piece of news on Thursday morning wasn’t about a specific play, but was instead about a moment during one of the games that didn’t involve basketball at all.  Russell Westbrook of the Washington Wizards had popcorn dumped on him by a Philadelphia 76ers fan while he was walking through the tunnel in the 4th quarter of Game 2. Westbrook had injured his ankle and was headed to the locker room when it happened, but had to be held… Source link

A leading indicator of the health of the housing market is showing signs that the hot housing market may be cooling off. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 4.4% in April from the previous month. The results are a huge disappointment, with analysts expecting a 0.4% increase, according to Bloomberg consensus estimates. And it reverses a pending home sales rebound in March. The NAR… Source link

Federal Reserve officials this week reiterated their support for loose monetary policy and downplayed the threat of inflation, despite a recent report that showed in April the Consumer Price Index (CPI) increased at its fastest rate in more than a decade. The stay-the-course approach from Fed officials defies criticism from some economists on the left and right over fears of a persistent spike in inflation that could derail the economic recovery. Such critics rightly worry about continued… Source link

During his campaign for president, John Delaney once described himself as a “solutions-oriented moderate.” His policy ideas, which were numerous, didn’t gain traction during an election often dominated by more liberal voices. Delaney himself was out of the race by January 2020 but once all was said and done, a fellow moderate — Joe Biden — ended up with the nomination and the presidency. In an interview with Yahoo Finance this week, Delaney, a former Maryland Congressman who now… Source link

Yahoo was a pioneer of the early internet era. Evolving from a human-edited directory of websites, in 1995 Yahoo launched its first search engine – Yahoo Search. By the year 2000 it was the most popular website in the world. Yahoo Search opened up the internet for millions. It was a simple tool that offered anyone with an internet connection a gateway to the sum of human knowledge. But, despite its best efforts, the search engine could not always provide people with the knowledge they were… Source link

Bloomberg Kevin Ulrich Scored a $2 Billion MGM Win. It Only Took a Decade (Bloomberg) — Hedge funds often measure their investments in minutes, not decades; but for Anchorage Capital Group, its long-held stake in Metro-Goldwyn-Mayer Studios Inc. is proving that patience can also be profitable.The New York-based money manager stands to make roughly $2 billion on its investment in the film and TV producer, one that began almost 11 years ago with MGM in bankruptcy court. Amazon.com Inc. agreed… Source link

Derrick Rose clapped his hands, almost rhythmically, as the Madison Square Garden faithful stood in approval, roaring and exhaling at once, finally able to bathe in their basketball cathedral. As long as it’s been for the New York Knicks, it’s almost seemed like a longer wait for Rose to return to this stage and to have a moment that he can appreciate after so many winds, so many turns and so many questions. The Knicks tying their first-round playoff series with the Atlanta Hawks was… Source link

China’s nationwide crackdown on crypto mining could create a competitive environment  in which only the biggest miners can survive, said a co-founder and managing partner of Waterdrip Capital, a major investor in the Chinese crypto mining industry. “Finding suitable sites outside the mining hubs requires a lot of resources such as capital and network,” Yusan Zheng said during a Chinese-language Clubhouse discussion hosted by CoinDesk. “Only the most experienced and deep-pocketed… Source link