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The standoff between China and Taiwan (and the U.S.) has heightened tensions to their highest level in decades but — so far at least — economic observers haven’t seen a worst-case scenario. The island’s crucial semiconductor industry has dodged a direct hit and, while China currently has Taiwan effectively blockaded, that is expected to end this weekend. But White House officials and other observers say that doesn’t mean Taiwan’s economy and world markets are getting off scot free…. Source link

Warner Bros. Discovery (WBD) continued to plummet on Thursday, dropping 16% in midday trading after the company reported a $3.42 billion loss in the second quarter, partly due to obstacles related to its recent merger. “We knew it was going to be messy, but this was pretty awful,” Geetha Ranganathan, Bloomberg Intelligence senior media analyst, told Yahoo Finance. The company expects 2022 adjusted EBITDA to come in between $9 billion and $9.5 billion, a decline from previous forecasts of $10… Source link

The July jobs report was so out-of-the-blue hot on Friday — coming in at more than double expectations — that it may spur the Federal Reserve to be way more aggressive on interest rate hikes than market goers thought just one day earlier. If so, would that set the table for a potential swift downdraft in stocks? “I think it does at the S&P level for the index,” Wall Street’s biggest bear strategist Mike Wilson of Morgan Stanley told Yahoo Finance (video above) when asked if on if the jobs… Source link

Arizona Cardinals coach Kliff Kingsbury wants quarterback Kyler Murray to understand one thing about calling plays: “This s*** ain’t easy.” Kingsbury gave Murray a chance to call plays in practice and gave an evaluation of Murray as a play-caller. The verdict: Kingsbury wouldn’t want to play for Murray. As Kingsbury explained, he let Murray call plays for the backup quarterbacks Saturday. Kingsbury made the decision so Murray could experience what it was like to call plays during a game…. Source link

Tampa Bay Buccaneers wide receiver Chris Godwin took a major step Friday in his return from an ACL injury. Godwin, who tore his ACL in Week 15 last season, took part in his first practice with the team. The move signals Godwin has made immense progress since his ACL tear. There were hints that was the case at the start of camp, when Godwin avoided the physically unable to perform list. While that was encouraging, it was hard to buy into Godwin’s quick recovery until he got on the field. Godwin… Source link

It was business as usual at Tesla’s (TSLA) annual meeting last night, peppered with commentary from CEO Elon Musk across a number of topics like car production, supply chain and pricing, and of course the status of the Cybertruck. A number of proposals were put to shareholders to vote on, key among them management’s desire for a 3 for 1 stock split, which was approved by shareholders. Based on yesterday’s closing price the new share price would be around $308. Musk’s presentation to… Source link

The Arizona Cardinals are facing another off-field situation this year. Running backs coach James Saxon is awaiting a trial date after being charged with two counts of domestic battery on May 25 for an alleged incident on May 7. Saxon allegedly assaulted a woman in front of a child younger than 16 years old in Indianapolis, according to ESPN. Saxon faces a sentence of six months to 2.5 years and a possible fine of up to $10,000 for the Level 6 felony (the least serious in Indiana) and up to… 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. Yards darts good for outdoor games Nothing beats a good yard game. Whether it’s a simple round of corn-hole or a quick game of ladder toss, almost everyone enjoys yard games (as long as you have a yard, of course). Though they may not be as in-depth as sports or as interactive as video games, they don’t need to be… 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 man wearing his red jacket in an office On warm summer days, most people usually like wearing light clothing like shorts and T-shirts, but rain and strong winds are still possible, even on the warmest August afternoons. So what should you wear when it’s sunny and bright, but you still need a little extra… Source link

The Bank of England announced its biggest rate hike since 1995 on Thursday, following the lead of the Federal Reserve in the U.S., which has been raising rates to respond to skyrocketing inflation. But some Fed watchers believe the U.S. central bank acted too slowly. The Federal Reserve became ensnared in a “cognitive trap” that made the central bank believe inflation was fleeting, Mohamed El-Erian, Allianz SE chief economic adviser and ex-PIMCO CEO, said in a recent episode of “Influencers… Source link