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Renowned economist Mohamed El-Erian believes inflation will come down by the end of the year but “will be sticky.” “I’m looking for a core CPI in the 4.5% to 5.5% range, so well above the 2% target of the Fed,” the chief economic adviser of Allianz said on Influencers with Andy Serwer (video above). The latest monthly Consumer Price Index (CPI) reading came in at 9.1%, the highest level since November 1981. The reading for July CPI will be released on Wednesday. “What I’m most… Source link

As the Federal Reserve gets more aggressive in its efforts to curb inflation amid implications from the ongoing COVID-19 pandemic continue to reverberate, Nobel Prize-winning economist Robert Shiller predicts that the cooling housing market is one sign among others that a recession may be on the way. “We have a lot of ingredients that might lead to a recession,” Shiller told Yahoo Finance (video above). “It looks like, since just a few months ago, the talk is really negative.” The… Source link

On a night when not one of the 10 fights went to the scorecards, it seems somehow appropriate that one of the stars of the night was a guy with the last name Usman. Kamaru Usman is the UFC’s welterweight champion, the pound-for-pound top fighter in the world and one of the greatest MMA fighters in history. His younger brother, Mohammed, doesn’t have his reputation or fame, but he did make a bit of history on Saturday. He knocked out Zac Pauga, a former practice squad member of the Houston… Source link

We may receive commission from purchases made via links on this page. Pricing and availability are subject to change. This content is created by a 3rd party partner for Yahoo. Green lawn chair Outdoor furniture, especially lawn chairs, beckons us to grab a cup of coffee or a cool drink to sit outside and enjoy the sun. Whether you love reading books outdoors or simply like spending in your garden, the perfect lawn chair makes the experience all the more comfortable. Plus, a contemporary set of… Source link

Kareem Hunt is skipping drills at Cleveland Browns training camp as he seeks a contract extension, according to multiple reports. CBS’ Josina Anderson reports that Hunt is participating in individual drills but skipped team drills for the second consecutive day on Saturday. The sixth-year running back was previously a full participant at training camp, per the report. Per Anderson and Cleveland.com’s Mary Kay Cabot, the Browns are fining Hunt for the skipped drills. Hunt, 27, is in the second… Source link

We may receive comission from purchases made via links on this page. Pricing and availability are subject to change. This content is created by a 3rd party partner for Yahoo. A man with his gym backpack If you like to exercise outside of your home, whether it’s at a gym or a studio, you need to carry your essential gym gear. Regardless of how frequent or intense your gym workouts are, every gym fanatic needs to carry a water bottle, some extra clothes, and a towel. It can be a bit of a… Source link

We may receive commission from purchases made via links on this page. Pricing and availability are subject to change. This content is created by a 3rd party partner for Yahoo. Man taking his time to exercise It’s easy to get stuck in a rut when it comes to exercise. Staying motivated can be difficult, and it’s even harder when you don’t have access to equipment at home. Getting outdoors and working out regularly can be an effective way of keeping yourself more fit and healthier…. Source link

Sharks’ projected Opening Night roster has good, bad problems originally appeared on NBC Sports Bayarea What will the Sharks’ Opening Night lineup look like? Here’s a way-too-early guess – considering that we’re still two months away from the Sharks’ season opener against the Nashville Predators on Oct. 7 in Prague, Czech Republic. Trades and free agent signings still are possible for San Jose. But right now, the Sharks have a couple of good problems: Too many NHL-caliber forwards and… Source link

The Carolina Panthers appeared to settle their quarterback situation when they traded for Baker Mayfield. But since dealing for the formerly disgruntled Cleveland Browns signal caller, they’ve maintained that he’ll engage in an open competition with incumbent Sam Darnold. On Saturday, head coach Matt Rhule revealed the earliest date he anticipates naming a starter. Check in with him after the Patriots game. “I’m not putting a timetable on the quarterback position until after we get back from… Source link

Anne Heche‘s loved ones are asking for the public’s prayers as she remains in the hospital after a car accident in Los Angeles on Friday. A rep for the Emmy winner, 53, exclusively tells PEOPLE in a statement that “Anne is currently in stable condition” after the crash, which occurred in the neighborhood of Mar Vista. “Her family and friends ask for your thoughts and prayers and to respect her privacy during this difficult time,” the rep says. Heche was inside a blue Mini Cooper that crashed… Source link