Yahoo News

More stimulus checks are on the way through direct deposit and the mail. The Internal Revenue Service and U.S. Treasury said Monday that the next batch of Economic Impact Payments will be issued this week with many coming as paper checks or prepaid debit cards. Some direct deposits began processing Friday with an official pay date of Wednesday, March 24. Additional payments are expected to be released on a weekly basis going forward, the IRS said in a news release. “The IRS continues to send… Source link

So much for this year being the Big Ten’s best chance to end its 21-year national title drought. College basketball’s supposed strongest league has been the NCAA tournament’s biggest disappointment. Nine Big Ten teams secured NCAA tournament bids on Selection Sunday, more than any other league in college basketball. Eight days later, only Michigan is still alive. The carnage started in the First Four when Michigan State squandered a 14-point lead against UCLA. Purdue then crumbled in the… Source link

Bloomberg Fight Between Commodities Giants and Shippers Leaves Seafarers Stuck (Bloomberg) — A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea, with an estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards. In an effort to keep deliveries of food, fuel and other raw materials on schedule, some of the big commodities firms are avoiding… Source link

Kyrie Irving will miss the Brooklyn Nets’ next three games while dealing with a “family matter,” the team announced on Monday. Irving will miss a three-game road trip for the Nets, where they will take on the Portland Trail Blazers, Utah Jazz and Detroit Pistons. It’s unclear specifically what Irving’s “family matter” is. Kyrie Irving will not accompany the team on this week’s three-game road trip (POR/UTA/DET) in order to tend to a family matter. — Brooklyn Nets… Source link

TipRanks Analysts Say ‘Buy the Pullback’ in These 3 Stocks The savvy investor knows that the best time to buy is when a stock is priced low – it’s just the old game of ‘buy low and sell high,’ the age-old advice on how to make money. But with the S&P at near record levels, it’s hard to tell when a stock is priced low. The key is just to take them as individuals. The stock market is the world’s greatest real-time experiment in averaging over large mass numbers. The markets as a… Source link

The 5 worst things people are doing with stimulus checks, Suze Orman says More than 90 million American households have now received their third stimulus checks. The $1,400 checks, which are part of President Joe Biden’s $1.9 trillion relief bill, are expected to help recipients cover immediate household expenses and pay down debt. And given that many qualifying households are receiving additional checks for dependents — that is, children and non-working adults – a large number of… Source link

No. 13 Wright State buried two 3-pointers in the final minute to deliver the NCAA women’s basketball tournament its first major first-round upset in nine years. The Raiders eked out a 66-62 win against No. 4 Arkansas on Monday in the Alamo Region in its third ever appearance in the tournament. The No. 13 seeds were 6-100 all-time against No. 4 seeds before Wright State’s victory, per the ESPN broadcast. The last 13-4 upset was in 2012 when Marist toppled Georgia. Only one team seeded lower… Source link

undefined Stock traded higher on Monday as technology stocks rose to recover some of last week’s declines. [Click here to read what’s moving markets heading into Tuesday, March 23] The Dow turned positive even as shares of component companies JPMorgan Chase (JPM) and Goldman Sachs (GS) lagged. Bank stocks, industrials and other cyclical shares including small caps underperformed, giving back some recent gains. Technology shares outperformed after another week of declines last week, and the… Source link

Yahoo, which last year started working with Walmart to allow customers to shop within Yahoo Mail, is delving even further into ecommerce.  The Verizon Media brand will launch an online marketplace called Yahoo Shops, later this year, according to Yahoo Life. Shoppers can buy products directly via reviews, editorial roundups … Source link

Bloomberg Turkish Markets Slide as Agbal’s Exit Stokes Lira Turmoil (Bloomberg) — Turkey’s stocks, bonds and the lira tumbled as the shock dismissal of the central bank chief triggered concern the country is headed for a fresh bout of currency turbulence.In one of the sharpest selloffs in years, the Borsa Istanbul Index lost more than 9%, triggering circuit breakers that halted trading. The lira also weakened more than 9%, while yields on Turkish local and dollar bonds soared.Investors… Source link