Yahoo News

Richard Clarida, vice chair of the Federal Reserve Board of Governors, spoke with Yahoo Finance to discuss inflation risks and what lies ahead for Fed policy. Below is a transcript of his appearance on May 25, 2021. – BRIAN CHEUNG: Joining us here on Yahoo Finance in an exclusive is Vice Chairman of the Federal Reserve Board that’s Richard Clarida. Thank you so much for joining us this afternoon. I wanted to ask you just kicking things off we’re going to get an interesting print on inflation… Source link

After preaching patience during the initial weeks of the season, I need to change my tune. In roughly one week, the MLB season will be one-third of the way to the finish line. And although the roughly 70 percent of games that remain as of today give fantasy managers plenty of time to make progress, we have entered a key phase of the season where tough decisions need to be made on each roster member. Here are some big names to acquire and a few overachievers to send packing. Players to… Source link

Bloomberg Ex-High School Classmates Are Among the World’s Largest Crypto Holders (Bloomberg) — Kyle Davies and Su Zhu started Three Arrows Capital at the kitchen table of their apartment in 2012. Now they’re among the world’s biggest crypto holders with a portfolio worth billions of dollars.At least for the moment.Their portfolio was rocked in recent days as environmental concerns over mining, regulatory scrutiny, warnings by Chinese authorities about digital currency payments and a… Source link

The Wrap Stephen Colbert’s ‘Late Show’ to Become First Late-Night Show to Return With Full, Vaccinated Audience “The Late Show With Stephen Colbert” will return to the The Ed Sullivan Theater on June 14 with a full, vaccinated audience, the CBS late-night show revealed Monday. This makes the “Late Show” the first network late-night show to not just make the move back to its home studio, but also with a complete crowd. Per CBS, “After more than a year and 205 episodes produced… Source link

Atlanta Hawks legend Dominique Wilkins received an apology from a restaurant that turned him away for dress code reasons. La Bilboquet — a French restaurant in Atlanta — issued a statement Monday formally apologizing to Wilkins and vowing to make changes. Following the Wilkins incident, La Bilboquet said it will “provide diversity, equity and inclusion training to all current employees.” The restaurant also said it would “reevaluate” its dress code restrictions to eliminate… Source link

Golf appears to be a game of manners. Don’t be fooled. Golf is a game of seething hate, grievances great and small, barely masked by a thin veneer of decorum. You want to win against the world’s best, you can’t be a nice guy. You’ve got to have a deep well of mean in your soul. Every single one of golf’s champions does, no matter what pleasant face they present to the world. All of this is a long and florid way of saying: Brooks Koepka gave us an honest look at the mind of a… Source link

Stocks rose on Tuesday to extend a rally from a day earlier, with technology stocks outperforming as concerns over rising inflation were at least temporarily pushed to the side.  The S&P 500 ticked up after the index closed out Monday’s session higher by 1%. The Nasdaq and Dow also rose. The move higher in technology stocks came alongside a move lower in Treasury yields, with the yield on the benchmark 10-year note hovering just below 1.6%. Cryptocurrency prices steadied, and Bitcoin prices… Source link

For some lucky fanbases, it’s the NBA Playoffs. For Detroit Pistons faithful, it’s mock draft szn. Until the NBA Draft Lottery on June 22, the Pistons will be picking second in these mock drafts. That means a lot of Jalen Green, Evan Mobley and Jalen Suggs. What it also means is not a lot of Cade Cunningham, the golden goose of the draft. Except, maybe it doesn’t. Krysten Peek of Yahoo! Sports released a mock draft today that actually had the Pistons landing Cunningham with the… Source link

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the public markets, typically priced below $5 per share. At such a low share price, even a small gain – a share price increase of mere pennies – can quickly… Source link

Bloomberg Deutsche Bank’s Nightmare Decade Is Gone, But Not Yet Forgotten (Bloomberg) — On the day before one of the biggest margin calls in history, Deutsche Bank AG chief Christian Sewing joined an urgent meeting with a not-unfamiliar message: there was a problem, and billions of dollars were at stake.But as executives on the late-March call briefed him on the bank’s exposure to Archegos Capital Management, this time it wasn’t all bad news. Risk managers had been concerned by the… Source link