U.S. stocks opened Friday’s trading session higher following an in-line August jobs report. Shortly after the opening bell, the S&P 500 was up 0.7%, the Nasdaq up 0.7%, and the Dow was up about 150 points, or 0.5%. This jump follows a volatile trading session on Thursday that saw all three major indexes sink before paring losses, with the S&P 500 and Dow finishing September’s first trading session in the green. Data from the Labor Department published Friday morning showed nonfarm payrolls grew… Source link
Read More »Donovan Mitchell joins ambitious Cavaliers after Knicks balk at parting with RJ Barrett, Quentin Grimes
Ambition and desperation met at an intersection when the Cleveland Cavaliers and Utah Jazz consummated a blockbuster trade headlined by Donovan Mitchell going East — not to New York — and cementing Danny Ainge taking a sledgehammer to the Jazz roster for what’s sure to be an ugly-ish rebuild. Cleveland was ambitious enough to go after Mitchell, and Utah desperate enough to get off the Western hamster wheel that inevitably ends in San Francisco. In sending restricted free agent Collin… Source link
Read More »Updates on Cristiano Ronaldo, Chelsea, USMNT stars and more
The summer transfer window in European men’s soccer has shut. News of deadline-day deals is still trickling in around the English Premier League, Spain’s La Liga, Italy’s Serie A, Germany’s Bundesliga, France’s Ligue 1 and elsewhere. But most business is done. Cristiano Ronaldo, for example, is definitely staying at Manchester United, largely because no legitimate interest from a Champions League club ever appeared. Christian Pulisic, likewise, remains at Chelsea, with the club “blocking any… Source link
Read More »Ukrainian tennis player Marta Kostyuk declines handshake with Belarus’ Victoria Azarenka
The coldest end to a match at the US Open came at Court 17 on Thursday, where Victoria Azarenka of Belarus defeated Ukrainian player Marta Kostyuk in straight sets, 6-2, 6-3. As the second-round match concluded, Kostyuk approached the net and only offered her racket to the celebrating Azarenka, who obliged with a quick tap with her own racket before the pair shook hands with the chair umpire. It was a quick moment, but a prime example of how the war in Ukraine is still being felt in the sports… Source link
Read More »Where Wall Street’s mega banks stand on return-to-office policies
Late hours on Wall Street are part of industry lore, but in a post-pandemic world, banks are still hashing out official return-to-office policies. Earlier this week, moves by Goldman Sachs and Morgan Stanley to lift COVID protocols at their offices drew attention to the ambiguity around official RTO rules across financial institutions. While messaging from the companies was shy of mandating a five-day-per-week return, lifting vaccine and testing requirements appears to be part of a broader… Source link
Read More »Strategies for difficult middle rounds, RB dead zone
Most fantasy football players rightly put most of their stock and preparation into getting the first few rounds of their drafts right. If you can hit on your first, second and third picks, chances are you will have a core that can take you far during the season. But what about the middle rounds where the star power starts to fade and the choices get tougher? What about those players who are filling out the rest of your roster, who might not be big names but will still find their way in your… Source link
Read More »Yahoo Sports’ 2022 college football predictions
Week 1 of the 2022 college football season is here. And what better way to start the season than with some predictions that will undoubtedly be imperfect? Here are the conference champion and College Football Playoff predictions from our Yahoo Sports college football staff with insight from Nick Bromberg and Sam Cooper on their playoff picks below. Yahoo Sports’ 2022 college football predictions. College Football Playoff predictions Nick Bromberg: I realize that we had Clemson ahead of Utah in… Source link
Read More »Mortgage rates jump over a half-point in two weeks
Mortgage rates jumped again this week, giving no relief to the price-weary homebuyers still in the market. The rate on the 30-year fixed mortgage increased to 5.66% from 5.55% the week prior, according to Freddie Mac, and is up more than a half-point from two weeks ago. While lower than the 5.81% registered in June, the rate remains over 2 percentage points higher than the start of the year. Higher borrowing costs have left cash-strapped homebuyers at a divide. Some folks have opted to put off… Source link
Read More »Meta CEO Mark Zuckerberg is ‘derailing right in real-time’
Leadership expert and former Medtronic CEO Bill George ripped Meta CEO Mark Zuckerberg in a wide-ranging interview with Yahoo Finance Live (video above). “Facebook and Mark are not grounded in values, so he is all over the map,” the corporate insider said in a scathing assessment of Zuckerberg’s leadership as CEO. George, known for his very successful stint as Medtronic’s CEO from 1991 to 2001, is the author of new leadership book “True North: Emerging Leader Edition.” In the book, George and… Source link
Read More »Stocks extend losses in downbeat start to September
U.S. stocks fell lower to start the month after all three major averages registered their biggest August percentage declines since 2015. The S&P 500 edged down 0.5%, and the Dow Jones Industrial Average erased 105 points, or 0.3%. Tech continued to lead the way down, with the Nasdaq Composite sliding 0.9%. Meanwhile, the benchmark U.S. 10-year Treasury yield reached 3.257%, its highest level since June. A downbeat start to September comes on the heels of four straight sessions of selling amid… Source link
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