Yahoo News

Scaramucci says if GOP goes with Trump in 2024 he’ll ‘liquidate’ the party

Anthony Scaramucci, managing partner of SkyBridge Capital and former White House communications director for the Trump administration, says if the Republican Party goes with Trump as its 2024 nominee, he’ll work to make the GOP a “minority party for at least a generation.” “I’m willing to fight for the country’s principles related to the Constitution and the democracy over policy. And so, if that’s where the Republicans are going, and they go with Donald Trump, I will look forward to —… Source link

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U.S. Inflation Expectations Hit Decade High as Yields Resurge

(Bloomberg) — U.S. Treasuries tumbled anew on Wednesday, driving long-maturity yields to their highest levels this week and pushing up inflation expectations as traders continued to price in a quicker economic rebound from the pandemic. Benchmark 10-year Treasury yields surged as much as 10.3 basis points to 1.495%, a move reminiscent of last Thursday’s startling selloff in government debt. Meanwhile, a market proxy for the anticipated annual inflation rate for the next half-decade… Source link

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Kellen Winslow sentenced to 14 years on rape charges

The Guardian Amber Glenn: America’s pansexual skating star on coming out and breaking through Since coming out as pansexual, the US national silver medalist has delivered a series of career-best performances and thrust herself into the conversation for next year’s Olympics Amber Glenn is believed to be the first ever out woman to actively compete on the international senior circuit. Photograph: Étienne Laurent/EPA “What is your sexuality?” Amber Glenn looked up from the questionnaire at… Source link

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Don’t expect an interest rate hike ‘anytime in 2022’

Philadelphia Federal Reserve President Patrick Harker said Wednesday that he does not expect the Fed to raise interest rates in 2022, despite bond market bets that a rate hike could come next year. “I think we’ve got a ways to go,” Harker told Yahoo Finance in an exclusive interview on Wednesday. The yield on the U.S. 10-year Treasury reached 1.47% as of Wednesday afternoon, almost 50 basis points higher than where the bond traded a month ago. Higher bond yields imply higher longer-term… Source link

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We’ll play key role in lowering US health costs

Oscar Health (OSCR), the startup health insurance company heavily built on its technology capabilities, debuted on the New York Stock Exchange Wednesday at $36 per share, under the IPO price of $39 per share, with a valuation of more than $7 billion. But the fall didn’t blunt the enthusiasm of CEO Mario Schlosser, who joined Yahoo Finance to discuss the decision to go public, as well as how he envisions the company to impact the health insurance industry in coming years. “Ten years from now, I… Source link

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Star stockpicker Cathie Wood remains bullish on bitcoin, warns on banks

By David Randall NEW YORK, March 3 (Reuters) – ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the growth of digital wallets will “gut” traditional banks. Wood, whose $24.4 billion ARK Innovation exchange-traded fund is the largest actively managed ETF tracked by Lipper, said in a webinar her fund remains “opportunistic” despite the recent slide in the S&P 500 as investors have raised concerns over… Source link

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Deutsche Bank Pounds the Table on UWM Stock

A moat is often talked of as the element to make a company truly stand out from the pack. For Deutsche Bank analyst Ashish Sabadra, UWM Holdings Corporation (UWMC) is one such name in possession of the elusive quality. After a conversation with UWM’s CTO, Sabadra came away believing UWM’s proprietary technology is its “key competitive differentiator.” “The company has invested heavily in putting together a world class modern IT infrastructure that rivals the scale of much larger… Source link

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Are consumers about to buy a ton of new clothes post-pandemic?

After a year of wearing the same joggers to work on Zoom calls — and essentially going nowhere during the pandemic — signs are emerging that consumers are starting to rebuild their very outdated closets with new clothes for their post vaccination life this year (hopefully). “More recently, however, we’re seeing signs of customer interest in going out-type apparel beginning to emerge,” Urban Outfitters co-founder and CEO Richard Hayne told analysts on an earnings call Tuesday evening. “We… Source link

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Kenny Smith on ‘The Inside Story’, coaching virtually in the pandemic – Yahoo Sports

Reuters Bucks put winning streak on line against Clippers Giannis Antetokounmpo continues to key an offensive surge that has led to Milwaukee’s four-game winning streak. Antetokounmpo is averaging 35.5 points, 13.8 rebounds and six assists during the Bucks’ streak, and Milwaukee is averaging 132 points over their past three wins over the Sacramento Kings, Minnesota Timberwolves and New Orleans Pelicans. The Bucks, and the two-time league MVP, will try to keep their momentum going on Sunday… Source link

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Yahoo Golf Talk: Arnold Palmer Invitational

Advancing onto leg two of the Florida Swing, a field of 123 golfers will turn their attention toward Arnold Palmer‘s Bay Hill Club & Lodge this week. This is a course we know very well but there is always a new batch of golfers that are playing it for the first or second time. That is where stats come in handy. They can help us pluck out potential course horses before they stamp their mark. The two areas I’m going to dive into today are bermudagrass putting performance and par-5… Source link

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