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Inflation has been making headlines all year, and rightly so; it’s at 40-year high levels, driven by sharp increases in the prices of gasoline and diesel fuels. But oil and its various refined products have come down in recent weeks, and so – the July inflation numbers weren’t as bad as had been feared. The overall year-over-year price increase for the month came to 8.5%, still awful, but less than the 8.7% economists had been predicting. Markets these days are rallying in… Source link

Minnesota Vikings quarterback Kirk Cousins will miss the team’s first preseason game after testing positive for COVID-19. Vikings coach Kevin O’Connell announced the news Friday. Cousins won’t play in Sunday’s game against the Las Vegas Raiders due to the positive test. He’s expected to return to the Vikings next week. He has minimal COVID-19 symptoms, per O’Connell. With Cousins sidelined, the team will play both Sean Mannion and Kellen Mond. O’Connell did not announce which player would… Source link

Bed Bath & Beyond has entered the retail death spiral that pulled once-proud retail chains such as Sears and Circuit City into the grave, according to one analyst. In a new note to clients on Friday, Loop Capital analyst and vocal Bed Bath & Beyond critic Anthony Chukumba reiterated a sell rating and $1 price target on the stock. Shares rose 20% as of 1:10 p.m. ET in Friday’s session on continued speculation that Bed Bath & Beyond is nearing a capital raise to bolster its dwindling cash… Source link

On Wednesday, the Bureau of Labor Statistics released data showing the Consumer Price Index rose 8.5% over the past year as of July. The number showed inflation had cooled from 9.1% the prior month, somewhat easing fears of a recession. On a recent episode of “Influencers with Andy Serwer,” before the latest inflation numbers were released, ServiceNow (NOW) CEO Bill McDermott predicted that, if a recession comes, it would not pose a long-term threat to the U.S. economy. “I’m actually really… Source link

On the same day that the Centers for Disease Control and Prevention eased COVID-19 guidelines, the Food and Drug Administration issued a statement warning that at-home rapid antigen tests can deliver false negative results and people who need tests should should plan to do so more than once to make sure they are not “unknowingly spreading the SARS-CoV-2 virus to others.” Health experts recommend tests for people who have been exposed to the virus or are experiencing symptoms. “Today’s… 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. A shredding a paper Do you ever worry about throwing sensitive letters and old personal documents in the trash? If so, you’re not alone. From credit card bills to work documents, many people fret about the risks of throwing important papers into garbage cans and recycling bins. Fortunately, a paper shredder is all you… Source link

(Bloomberg) — President Vladimir Putin’s invasion of Ukraine set Russia’s economy back four years in the first full quarter after the attack, putting it on track for one of the longest downturns on record even if less sharply than initially feared. Most Read from Bloomberg In a bleak tally of the war for Russia, an economy that was picking up speed at the start of 2022 swung into a contraction during the second quarter. Data on Friday showed gross domestic product shrank for the first… Source link

Washington Commanders president Jason Wright wasn’t happy with the way one reporter handled an interview with quarterback Carson Wentz. Wright implied that he would restrict the reporter’s access after a “pompous, unprofessional” back and forth with Wentz. [Set, hut, hike! Create or join a fantasy football league now!] The reporter in question is Scott Abraham, who works for ABC 7 in Washington, D.C. Abraham sat down with Wentz and offered up some blunt questions about Wentz’s struggles in… Source link

Fantasy football analyst Matt Harmon is revealing the highlights of his positional projections for the 2022 season. Next up, here are the running back projections that stood out to him. Most in the fantasy community probably get this one by now but it’s worth repeating: Javonte Williams isn’t going to get a workhorse role with Melvin Gordon back on the roster. Here’s how I project the Broncos rushing share: Javonte Williams – 53% Melvin Gordon – 30% Russell Wilson – 12% Everyone else -… Source link

You’ve seen these types of videos thousands of times now. It picks up with two fans at a sporting event arguing over who knows what. Tensions escalate, punches get thrown and other fans are left watching in horror as two grown people duke it out because they disagreed about something as trivial as sports. Carolina Panthers wide receiver DJ Moore wasn’t going to let that happen Thursday night. Moore hopped into the stands to break up a tense situation at the team’s Fan Fest. One fan grabbed… Source link