Yahoo News

The It List is Yahoo’s weekly look at the best in pop culture, including movies, music, TV, streaming, games, books, podcasts and more. Here are our picks for Aug. 1-7, including the best deals we could find for each. (Yahoo Entertainment may receive a share from purchases made via links on this page.) WATCH IT: Celebs battle it out in the kitchen in Celebrity Beef Joel McHale, the longtime host of E!’s The Soup, returns to the network seven years later to present this new cooking competition… Source link

The economy is looking pretty dreadful, and that won’t make the Federal Reserve’s job any easier as it tries to engineer a soft economic landing, one top Wall Street economist warns. “I would say that the recent economic data have been central banks’ worst nightmare,” said Citi Global Chief Economist Nathan Sheets on Yahoo Finance Live (video above). “On the one hand, I would say there is very clear evidence of a slowing in global demand. And on the other hand, there is also clear evidence… Source link

The NFL now holds Deshaun Watson’s football future in its hands. With independent disciplinary arbitrator Sue L. Robinson delivering a six-game suspension decision in Watson’s personal conduct policy case on Monday, the spotlight now shifts back to the NFL, which must decide whether to appeal the penalty. The league issued a statement Monday saying it’s “reviewing” the decision and “will make a determination on next steps.” Barring a mutually agreed upon extension between the NFL and NFL… Source link

Extreme weather events, from droughts to floods, have inflated global food prices beyond the effects of the Russia-Ukraine war — and climate change will only continue to stress crop yields. “The climate is the No. 1 reason why food prices go up,” Sal Gilbertie, president and CEO of Teucrium Funds (CORN), told Yahoo Finance Live (video above). “It happens all the time. If you look at the last six or seven times that global grains have risen, all but one — and that would be the Ukraine war… Source link

Boeing could be poised to see a big financial boost as it regains the authority to deliver 787 jets. Morgan Stanley Analyst Kristine Liwag estimated that Boeing may realize $17 billion in sales from the 120 787 airplanes it currently has in inventory waiting for delivery. “This is a major milestone for the business and unlocks another lever of free cash flow generation,” Liwag wrote in a new note to clients, describing the development as a “positive catalyst” for the stock. Liwag predicted that… Source link

James Howells was doing some housecleaning in 2013 when he mistakenly threw out a hard drive that contained 8,000 Bitcoin he had mined. At the time, it was a mistake that cost him anywhere from $108,000 to $8.6 million depending on when he tossed the drive (2013 was a particularly volatile year for Bitcoin). That’s enough to make anyone kick themselves. Bitcoin, though, has only gotten more expensive, meaning Howells’ losses have continued to grow. Even with the recent crypto winter, they… Source link

The NBA has begun an investigation into the New York Knicks for alleged tampering regarding free agent pickup Jalen Brunson, sources told Yahoo Sports. The league will look into whether the Knicks made contact with Brunson prior to the start of the free agency period. Reports emerged days before June 30 that Brunson already had a deal in place with the Knicks. Brunson and the Knicks agreed to a four-year, $104 million deal after New York was thought to be the frontrunner to land the free agent… Source link

U.S. stocks fell Monday in a choppy start to August trading as Wall Street struggled to sustain July’s momentum. The S&P 500 and Dow Jones Industrial Average each fell roughly 0.3%, while the Nasdaq Composite held near breakeven. Investors mulled a flurry of data early in the session that showed manufacturing activity expanded at the slowest pace in more than two years. The Institute for Supply Management’s gauge of factory activity retreated to 52.8 from 53 a month earlier, marking the… Source link

Inflation has been a persistent nightmare, and rising rents nationwide are partly to blame. Unfortunately for renters, things are unlikely to get better this year. “No quick relief in rent increases,” Alan Detmeister, a senior economist at UBS, told Yahoo Finance. “Probably not getting too much worse after the early next year [or] probably peaking early next year but then a long slow, downward pace on rent increases and still staying high through at least the end of 2024.” The rental inflation… Source link

The NFL suspended Cleveland Browns quarterback Deshaun Watson for six games on Monday for violating the league’s personal conduct policy. The decision was rendered in response to the NFL’s investigation of multiple women who filed civil lawsuits against Watson before he settled with 23 of them; one of those suits remains. The women, whom Watson hired for massages, accused the QB of sexual misconduct or sexual assault. Watson will be eligible to return to the Browns in Week 7 against the… Source link