Yahoo News

Bloomberg Fed Dials Up Pressure on Wall Street to Ditch Discredited Libor (Bloomberg) — The Federal Reserve is intensifying its scrutiny of banks’ efforts to shed their reliance on the London interbank offered rate, and has begun compiling more detailed evidence on their progress, according to multiple people with knowledge of the matter.Banks are being asked for specifics on their Libor exposure, their plans for amending contracts tied to the benchmark, and the fallback provisions being… Source link

Arnold Palmer Invitational PGA Betting picks this week PGA Odds Sam burns Looking for a way to learn PGA DFS without jumping in with both feet? Then I have a perfect solution for you. This year Yahoo and Yahoo Fantasy are offering a $10,000 Freeroll called the “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. That winner will receive $1,000. While we may have missed four weeks of competition, not to… Source link

In case you were ever worried about the GOP-dominated state government of Tennessee not having the best interests of its citizens at heart, you can relax. Our boys are on the case, battling against the vast, nefarious invasion of transgender young people into high school sports, standing firm against college basketballers who kneel for the National Anthem, and, of course, battling for the right of every Tennessean to pack a gun… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 3, 2021 Goldman Sachs puts the SPAC boom in context. Late last year, we wrote about David Kostin’s equity strategy team at Goldman Sachs declaring 2020 the year of the SPAC. In the few months since this report, the trend has only accelerated. Kostin’s team on Monday published their latest update on the space and the torrid pace with which these vehicles are coming to market. And… Source link

The Conversation Why using reconciliation to pass Biden’s COVID-19 stimulus bill violates the original purpose of the process Speaker of the House Nancy Pelosi and other top Democrats meet with reporters before the House voted to pass a $1.9 trillion pandemic relief package on Feb. 26, 2021. AP Photo/J. Scott ApplewhiteReconciliation – it’s a term federal budget experts would understand, but for the rest of us, it sounds like what you do with a family member you haven’t talked to in… Source link

While spring training picks up in the world of baseball, the NHL season continues apace. Even if baseball is starting to gain your attention, don’t forget about hockey, especially DFS hockey. There are six games on the NHL slate Wednesday. To helpbgive yourself a little boost in the middle of your week, here are some players to target and avoid on the hunt for DFS success… GOALIE Jordan Binnington, STL at ANA ($33): Binnington’s numbers have gotten progressively worse from season to season,… Source link

Texas Gov. Greg Abbott completely lifted the state’s mask mandate on Tuesday despite the ongoing COVID-19 pandemic, and San Antonio Spurs coach Gregg Popovich isn’t happy about it. Abbott announced on Tuesday that residents are no longer required to wear a face mask in public and that all businesses can open at full capacity starting next week, according to The Dallas Morning News. Though new case numbers are declining nationally, the pandemic is far from over — and Texas is among the… Source link

Stock futures opened slightly higher Tuesday evening after sliding during the regular session, as investors weighed optimism over widespread post-pandemic business reopenings against concerns over economic overheating.  Contracts on the S&P 500 ticked up. Nasdaq futures edged higher after the index closed lower by 1.7% earlier, with technology stocks lagging amid a rotation to cyclical shares poised to benefit from easing stay-in-place orders. Airlines, cruse lines and hotel stocks increased… Source link

Last offseason, Kyle Van Noy signed a $51 million deal to join the Miami Dolphins and reunite with head coach Brian Flores. On Tuesday, news broke that the Dolphins are either releasing or trading him. The news arrived as a surprise to the veteran linebacker who was voted captain during his only season in Miami. Van Noy ‘surprised and disappointed’ “I am surprised and disappointed in their decision,” Van Noy told NFL Network’s Mike Garafolo in a statement. “As a captain, I gave my all to the… Source link

Bloomberg Intel Told to Pay $2.18 Billion After Losing Patent Trial (Bloomberg) — Intel Corp. was told to pay VLSI Technology LLC $2.18 billion by a federal jury in Texas after losing a patent-infringement trial over technology related to chip-making, one of the largest patent-damages award in U.S. history. Intel pledged to appeal.Intel infringed two patents owned by closely held VLSI, the jury in Waco, Texas, said Tuesday. The jury found $1.5 billion for infringement of one patent and $675… Source link