Yahoo News

Nuggets, Aaron Gordon agree to $92M extension: Report

After acquiring Aaron Gordon at the trade deadline, the Denver Nuggets have locked him up long-term. Gordon and the Nuggets have agreed to a four-year, $92 million contract extension that includes a player option for the 2025-26 season. The Athletic’s Shams Charania broke the news Tuesday, citing Gordon’s agent Calvin Andrews. Gordon joined the Nuggets via a midseason trade from the Orlando Magic, who selected him with the No. 4 pick in the 2014 draft. Gordon has career averages of 12.7… Source link

Read More »

Stock futures open higher, shaking off earlier losses

Stock futures opened slightly higher Tuesday evening after dropping during the regular trading day, with September selling pressure returning to markets even after a report showed a slower-than-expected rise in inflation last month. Contracts on the S&P 500 ticked above the flat line. Dow futures also steadied after the index shed nearly 300 points during the regular trading day, resuming declines and falling for the sixth time in seven sessions. Shares of technology heavyweight Apple (AAPL)… Source link

Read More »

Yahoo DFS Picks Week 2: NFL DFS lineup advice for daily fantasy football GPP tournaments

Week 1 is in the books, and whether the first dose of action was kind or cruel to you in daily fantasy football, it’s time to regroup and eye the Week 2 NFL DFS slate. There’s still enough perceived value available to entice us to invest in some big-ticket players in our Yahoo DFS tournament lineup. Speaking of which, we’re relying on a wild card – or two, depending on your perspective — in this lineup, but we like the assumption of risk in relation to the… Source link

Read More »

Higher taxes are necessary to invest and compete globally: US Commerce Secretary

Corporate tax increases are necessary for the U.S. to better compete globally, U.S. Commerce Secretary Gina Raimondo told Yahoo Finance Live in an interview. House Democrats are out with a proposal to raise the tax rate on companies with income of at least $5 million to 26.5%.  “If American business is going to compete, we need these investments,” Raimondo said. “And then the question is, how do you pay for them. I don’t know any business leader who thinks that it would be… Source link

Read More »

Get ready to hate Congress (even more)

House Speaker Nancy Pelosi, D-CA, speaks during a press conference at the US Capitol in Washington, DC on September 8, 2021. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) Since it worked so well the last time, Congress is about to flirt once again with the prospect of a U.S. government shutdown, followed by an ignominious and totally unnecessary default on the nation’s debts. Yes, you’ve heard this before. Yes, it’s tiresome and foolish. But it’s happening… Source link

Read More »

Crocs shares soar off heels of investors day

Shares of Crocs (CROX) rose as much as 17% and reached a record high in intraday trading off the heels of an investor day that gave Wall Street plenty to dig its heels into. Shares closed at $149.38 apiece, up 11.66% on the day. Crocs expects to pull in revenue of over $5 billion by 2026. It will also focus on expanding its reach in Asia and expanding its digital growth. The company is also boosting its sustainability efforts, announcing a new bio-based, lower carbon material called… Source link

Read More »

Apple unveils $699 iPhone 13 and $999 iPhone 13 Pro

Apple (AAPL) debuted its new iPhone 13 during its virtual fall event on Tuesday. The new iPhone comes in four versions, the iPhone 13 mini, the iPhone 13, the iPhone 13 Pro, and the iPhone 13 Pro Max. Available Sept. 24, the phones range in prices from $699 for the iPhone mini to $1,099 for the iPhone 13 Pro Max. While the design of the iPhone 13 remains largely unchanged from the iPhone 12, there are some small differences. For starters, the two rear cameras are now situated diagonally. The… Source link

Read More »

Apple debuts Apple Watch Series 7 with more durable design, bigger screen

Apple (AAPL) on Tuesday debuted its new Apple Watch Series 7, the latest version of the company’s popular wearable. Available later this fall and starting at $399, the Apple Watch Series 7 gets an all-new design and larger displays. Rather than the old 40mm and 40mm screens, the Series 7 features 41mm and 45mm panels that will provide more content on screen at once. The screens on the Series 7 are 20% larger than the Series 6’s panels. The larger display means you’ll be able to read 50% more… Source link

Read More »

The one question you should ask yourself before quitting for remote work

The labor market is no doubt tight: Job openings in July rose to record highs, the Labor Department’s monthly Job Openings and Labor Turnover report found. The overall quits rate was unchanged at 2.7% for the month, but the quit rate for the private sector increased to 3.1% from 3.0%, matching the all-time high in 2001, according to ING. Different dynamics are fueling this trend, Adam Ozimek, Upwork’s chief economist, told Yahoo Finance – primarily the ability to work remotely since the… Source link

Read More »

Here’s why the stock market may surprise everyone and ‘melt-up’

Amidst the expanding number of Wall Street bears right now, there is Chris Harvey, Wells Fargo Securities head of equity strategy. The nearly 30-year markets veteran is staying bullish on his outlook for stocks despite the naysayers looking for market plunges into year-end. Harvey is calling for the S&P 500 to end the year at 4,825, or up 8% from current levels.  For Harvey, there continues to be several key drivers of higher stock prices still in play. “Our 4,825 call is what we call an… Source link

Read More »