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This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 6, 2023 Today’s newsletter is by Alexandra Semenova, markets reporter at Yahoo Finance. Follow Alexandra on Twitter @alexandraandnyc. Read this and more market news on the go with the Yahoo Finance App. Investors have heard the adage a lot lately — good news is bad news, and vice versa. In today’s economy, positive data on job… Source link

The NBA closes out the work week with 11 games on Friday. Injuries and players resting will once again take center stage. The 76ers have already ruled out Joel Embiid, who will be missing his second straight game because of a foot injury. The Cavs have said Donovan Mitchell will sit out their matchup with the Nuggets for rest. The Nuggets will be playing the second game of a back-to-back set, so they’ll also need to be monitored for potentially giving players the night off. Let’s sift… Source link

The Michigan football program is under NCAA investigation for numerous potential rules violations, including head coach Jim Harbaugh directly for failing to cooperate with investigators, a Level I violation, sources told Yahoo Sports. The NCAA has prepared a draft of a notice of allegations, which once delivered to the school, will start a 90-day window on the case before the official notice is given. The program is also being investigated for four Level II violations, which are generally… Source link

The NFL announced Thursday night that it has canceled the remainder of the Monday Night Football game between the Buffalo Bills and Cincinnati Bengals and will designate the game as a “no contest,” leaving the two franchises with only 16 games in the 2022 schedule. That decision — which comes on the heels of a postponement following the cardiac arrest and subsequent hospitalization of Bills safety Damar Hamlin during Monday’s game — will be followed by a special league meeting on… Source link

All-Star Game rosters are out, so we know we’re really into the thick of the NHL season. Friday features six games, with several All-Stars in the mix, of course. Here are some players to target, and some to avoid, for your DFS lineups. GOALIE Kaapo Kahkonen, SAN at ANA ($23): Kahkonen has struggled this year, but he has a career .902 save percentage so I expect him to improve. He won’t necessarily be great, but he’s a better goalie than his current numbers (including an arguably-unsustainable… Source link

The head of the nation’s top cybersecurity agency is warning that the current technology ecosystem, which underpins much of our lives, is at risk of being hacked by malicious actors. In an interview with Yahoo Finance at CES 2023 in Las Vegas, Cybersecurity and Infrastructure Security Agency Director Jen Easterly explained that the tech industry, consumers, and government need to come together to help improve cyber safety in the U.S. “We live in a world…of massive connections where that… Source link

Inflation burned consumers in 2022. Prices rose faster than wages, on average, eroding the typical shopper’s purchasing power. Some things got so expensive buyers simply gave up. Consumers ought to get some revenge in 2023. Overall inflation has been slowing, from a peak of 9% in June to 7.1% in November. In coming months, there should be disinflation, or a declining rate of inflation, in many categories of goods and services. In some categories there will be deflation, or an outright drop… Source link

Crypto lender Genesis is cutting 30% of its staff in another round of layoffs, the company said Thursday. First reported by the Wall Street Journal, this latest round of job cuts comes two months after it froze customer withdrawals. Genesis is a crypto financial services company with trading, lending, market making, and custody businesses that is owned by Digital Currency Group (DCG). DCG also owns Grayscale, sponsor of the world’s largest bitcoin trust, GBTC, as well as crypto media outlet,… Source link

Utah’s Lauri Markannen is a player who is likely to excel during Thursday night’s matchup against the Rockets. Thursday brings a limited slate consisting of only four games. Among the eight teams that are set to take the floor, the Grizzlies, Magic and Rockets will be playing the second game of a back-to-back set. The Nuggets and Clippers will be playing the front end of a back-to-back set, so things could get tricky. One of the marquee matchups in which neither of those scenarios… Source link

The Buffalo Bills have been through a lot since Monday when their teammate Damar Hamlin collapsed on the field, but Thursday was full of positive news about his health and progress. Hamlin’s doctors at the University of Cincinnati Medical Center have announced that there has been “substantial improvement in his condition over the past 24 hours.” His “neurological condition and function is intact” and he’s “beginning to awaken.” He’s opened his eyes and has been moving his hands and… Source link