Yahoo News

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 Tuesday, Oct. 18, 2022 “Past performance is no guarantee of future results” may be the most repeated disclaimer in the financial services industry. It’s a warning to investors not to get too excited about what they think is a replay of a historical pattern. Because oftentimes, history doesn’t repeat itself. That said, if history is any… Source link

Editor’s note: Jim Lanzone is the CEO of Yahoo Finance’s parent company, Yahoo. Yahoo CEO Jim Lanzone has overseen his share of internet success stories in his nearly three-decade career. From steering the ship at Ask.com, to the launch of CBS Interactive, Lanzone has built his reputation around turnaround stories. Yet, he credits his success to early failures with startup eTour, an internet search and navigation company he co-founded in 1998 at the height of the dotcom boom. “We went up way… Source link

Tuesday features eight NHL games on the slate. Sure, it’s opening night for the NBA, but there are only two basketball games going on. There’s four times the hockey! Here are some players to target and avoid for your DFS lineups. GOALIE Ilya Sorokin, NYI vs. SAN ($42): In his career, Sorokin has a 2.31 GAA and .924 save percentage. He’s off to a hot start to the season, even if it only two games, but that continues his standard from his two previous campaigns. The Sharks have only managed 2.51… Source link

(Bloomberg) — Goldman Sachs Group Inc. said investors should sell S&P 500 Index calls and fund buying of the same options on the Hang Seng China Enterprises Index to position for a likely catch-up in battered China-related assets. Most Read from Bloomberg “Sentiment on China-exposed assets has remained subdued this year and did not mirror the risk appetite rebound during the summer,” undershooting a measure of investor mood for global growth, strategists including Christian… Source link

Tuesday brings two games in baseball, starting out with Game 5 of the ALDS between the Yankees and Guardians. The game was originally scheduled to be played Monday, but was postponed because of rain. The second matchup of the day is Game 1 of the NLCS between the Padres and Phillies. Both teams pulled off upsets in the previous round, knocking off the Dodgers and Braves, respectively. Let’s dive into the Yahoo slate and discuss some players to consider for your lineups. Pitchers Yu Darvish… Source link

The chances of the Philadelphia Eagles going 17-0 are slim. But they’re somewhere above zero percent. The main factor in the Eagles’ favor is their schedule. It’s really soft. It’s hard to find a loss in it. Coming into the season, the Eagles had one of the easiest schedules in the NFL, and it hasn’t gotten any more daunting during their 6-0 start. It’s hard to win 11 NFL games in a row no matter who you play, but take a look at the Eagles’ remaining schedule and try to find their first… Source link

The UFC sent a letter on Monday to its athletes advising them that it updated its athlete code of conduct policy that will now prohibit them and their close associates from wagering on UFC events. In the letter, Hunter Campbell, the UFC’s chief business officer, writes “In order to assist our athletes in understanding their obligations under the laws of the majority of states in which sports betting is permitted, and in further support of these integrity measures, UFC has incorporated a… Source link

(Bloomberg) — Rupert Murdoch’s plan to combine News Corp. and Fox Corp., recreating the conservative-leaning media goliath that he split apart nine years ago, drew mixed reactions on Wall Street. Most Read from Bloomberg Several analysts said the potential recombination is unlikely to solve one of the key problems facing Fox and News Corp. — low valuations relative to their peers. While News Corp. gained 3.4% amid a broad market rally, Fox’s Class A shares dropped 9.4% for the biggest… Source link

The student loan forgiveness application officially opened on Monday at studentaid.gov/debt-relief/application, powered by the Education Department (ED). This is the only site where borrowers can sign up for student loan forgiveness. The official launch of the application portal follows a beta test that offered borrowers periodic access over the weekend. The application is available until December 31, 2023. “This is a game-changer for millions of Americans,” President Joe Biden said Monday at… Source link

Target CEO Brian Cornell says the retailer’s data predicts shoppers will spend solidly during the all-important holiday season despite “unusual” economic times in the U.S. “We continue to see a healthy guest shopping in our stores and shopping online,” Cornell said at the Yahoo Finance All Markets Summit on Monday. “We’ll see how they react throughout the holiday season, but when we talk to them they continue to say they want to celebrate the holidays.” Shares of the discount retailer rose 3%… Source link