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(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Most Read from Bloomberg Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap traders ratcheted down their expectations for a central bank cut before July. The stock market’s… Source link

Ilia Topuria will meet Alexander Volkanovski in the main event at UFC 298 on Saturday. (Cooper Neill/Zuffa LLC) It doesn’t take much to get Ilia Topuria to start telling you what he really thinks. All you have to do is ask and then wait. And honestly? You won’t have to wait long. I found this out recently when I questioned him about his claims that, after he beats UFC featherweight champion Alexander Volkanovski (26-3) at UFC 298 in Anaheim, California, this Saturday, he won’t look to… Source link

US consumer prices rose more than expected in January, according to the latest data from the Bureau of Labor Statistics released Tuesday morning. Investors had been closely watching the print for clues on when the Federal Reserve will begin cutting interest rates. Markets are now pricing in a nearly 80% chance the Fed cuts rates in June, bucking previous expectations that the central bank would begin cutting rates in May. “This was a bad report for those betting the Fed is going to start… Source link

Report: Jorge Soler, Giants agree to three-year contract – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Rep. Nancy Pelosi (D-Calif.) put Donald Trump on blast on Monday ― and at one point found a dismissive way to refer to the former president without even using his name. “I’ll just use this word that is really lacking on the Republican side, both in the Congress and with what’s-his-name who used to be president,” the former House speaker said on CNN. “Respect.” The moment came during a discussion with Anderson Cooper about current House Speaker Mike Johnson (R-La.), who lost two… Source link

NEW YORK (AP) — Donald Trump called Monday night for a leadership change at the Republican National Committee in an attempt to install a new slate of loyalists — including his daughter-in-law — atop the GOP’s political machine even before the former president formally secures the party’s next presidential nomination. Current RNC Chair Ronna McDaniel says she has no plans to leave the committee until at least after South Carolina’s Feb. 24 primary election. Still, Trump is calling for… Source link

Klay Thompson open to returning to Warriors in smaller role – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Spencer Dinwiddie finishes first practice with Lakers, explains decision to sign – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Steelers release QB Mitchell Trubisky – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Nearly 6,000 gaming industry workers have already been laid off in 2024, according to PC Gamer reporting, while 2023 saw well over 10,000 job cuts across video game studios. Are industry employers correcting themselves after seeing surging interest in gaming dating back to the pandemic? LightShed Partners Media and Technology Analyst Brandon Ross joins Yahoo Finance to comment on the headwinds contributing to these lay offs seen across the gaming sector. “A big one was actually mobile games… Source link