Yahoo News

Infrastructure package without climate initiatives ‘would be a hard sell’ : New Mexico Senator

As lawmakers offer dueling infrastructure proposals in an effort to get a bipartisan bill across the finish line, New Mexico Senator Martin Heinrich (D) is looking to a different option: pushing forward with the president’s climate priorities, through budget reconciliation. In an interview with Yahoo Finance Live, Heinrich said the infrastructure package and climate initiatives will likely “move in parallel” given the lack of Republican support for a broader $2 trillion proposal, focused… Source link

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Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. The world’s largest cryptocurrency by market capitalization is still up about 23% year-to-date, although some traders are concerned about the looming ‘death cross,’ which could indicate a shift from a bullish to bearish price trend. The death-cross is defined by a cross of the 50-day moving average below the 200-day moving average, which could occur over the weekend. Still, some analysts remain… Source link

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U.S. likely won’t see new lockdowns, Biden says

WASHINGTON — President Biden doesn’t believe the U.S. will see any new lockdowns in the coming months, even as he warned about the new Delta variant of the coronavirus, which is much more transmissible than other versions of the pathogen. That variant originated in India and took hold in the U.K. during the course of the spring. Its rapid proliferation led British Prime Minister Boris Johnson to delay full reopening by a month. That reopening was supposed to take place on June 21, only to… Source link

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The MLB Yahoo Cup Hot Corner: Round 13

Welcome to the MLB Yahoo Cup Hot Corner! This free-to-enter, single-entry contest consists of 27 rounds where the top 1,075 overall entries and the top 70 entries per round share $10,000, with $1,000 to first and $50 to first per round. Scoring will be cumulative across all rounds, with your seven lowest scores dropped at the end. You may join this multi-round MLB DFS contest at any point, but enter today to give yourself the best chance to take home the title. Click here to begin the… Source link

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Yahoo Mobile shuts down, users must switch to Visible

Yahoo Mobile is an MNVO (mobile network virtual operator) that sold mobile services backed by Verizon’s network. Last month, Verizon announced it would sell its media group, which included AOL and Yahoo website properties and brands. As a result of the sale, the Yahoo Mobile network is being shut down. The network was not particularly a popular one and the device selection was quite slim. A new page on the Yahoo Mobile site explains that “Verizon has decided to separately sell the… Source link

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Amazon’s Prime Day discounts on the Echo and Fire TV are meant to keep you a customer for life

Amazon’s (AMZN) annual celebration of consumerism, Prime Day, is nearly here. Running from June 21 to June 22, the shopping event, which will feature concerts by Billie Eilish, H.E.R., and Kid Cudi, is certain to offer plenty of sales, and rake in billions for the e-commerce giant. During last year’s Prime Day, which was pushed to October due to the pandemic, sales by third-party sellers surpassed $3.5 billion. Amazon didn’t release total sales numbers for the event, but research firm… Source link

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Two distant, dastardly rate hikes

The Federal Reserve is usually a friend to presidents, keeping inflation in check and the economy humming. But the Fed under current chair Jay Powell is beginning to cause President Biden some headaches, as it struggles to assess unusual economic developments. The Fed this week surprised nearly everybody by signaling earlier interest rate hikes than in prior forecasts. The prevailing view at the Fed is now that the central bank will raise rates twice by the end of 2023. The prior outlook,… Source link

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‘Quadruple witching’ Friday to see $818 billion single stock options expiration

By Medha Singh and Saqib Iqbal Ahmed (Reuters) – A near-record dollar amount of single stock equity options -totaling $818 billion – is set to expire at the close of trading on Friday afternoon, potentially driving sharp moves in some stocks throughout the day, Goldman Sachs analysts wrote. A recent surge in interest in options trading, fueled in part by droves of retail traders looking to place wagers on the swings in so-called meme stocks such as GameStop Corp and AMC Entertainment Holdings,… Source link

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Yahoo Mobile prepares for shutdown

Yahoo Mobile, one of Verizon’s prepaid brands, is shutting down and giving customers an “amazing option” for cell phone service. That option happens to be Visible, another one of Verizon’s prepaid brands. Visible is the all-digital brand, targeting Millennials, and while it might sound a little peculiar to recommend a hip digital brand to old-time Yahoo diehards, their services aren’t that different when it comes down to it. Yahoo Mobile started sending email messages to customers… Source link

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Mexico to play World Cup qualifiers without fans due to homophobic chant

Mexico fans during a friendly against Honduras on June 12th in Atlanta. (Photo by Rich von Biberstein/Icon Sportswire via Getty Images) Mexico’s men’s national soccer team must play its first two home 2022 World Cup qualifiers in empty stadiums as punishment for some of its fans’ insistence on yelling a homophobic slur during matches. The “p***” chant has plagued Mexican soccer for years. Officials refused to reckon with it until recently. The Mexican soccer federation (FMF) promised to crack… Source link

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