Netflix (NFLX) has chosen an ad partner. The streaming giant will partner with Microsoft (MSFT) to help roll out its new ad-supported offering later this year. The tech giant, which generated $10 billion in advertising sales last year, will serve as the streamer’s technology and sales partner. Netflix stock rose to a session high on the heels of the announcement, up more than 2% in midday trading. “Microsoft has the proven ability to support all our advertising needs as we work together to… Source link
Read More »Pete Davidson really, really wants to have kids: ‘That’s like my dream’
Pete Davidson is looking forward to having a child of his own. The 28-year-old comedian, actor and boyfriend of Kim Kardashian revealed his “dream” of having a family of his own in an interview with Kevin Hart for Peacock’s Hart to Heart. “My favorite thing ever, which I have yet to achieve, I wanna have a kid,” the Saturday Night Live alum said in a teaser. “That’s like my dream. It’s like super corny.” He went on to imagine how “it would be so fun. Dress up the little dude. It’s just like:… Source link
Read More »Coffee visits to Starbucks, Dunkin’ drop as record-high inflation takes hold
As inflation reaches new record-highs, more Americans are ditching their daily cup of joe — at least at big coffee chains like Dunkin’ and Starbucks (SBUX). According to new data from foot traffic analytics platform Placer.ai, coffee visits dropped below quick service restaurants for the first time all year during the month of June due to “a combination of inflation, high gas prices, and the rise in COVID cases,” the report noted. Over the past two years — as the pandemic hammered fast… Source link
Read More »U.S. government warns that Iran may try to kill American officials in revenge for killing top general
The U.S. government believes that Iran may try to assassinate current or former senior American officials to avenge the death more than two years ago of its top military and intelligence commander, according to an intelligence report obtained by Yahoo News. In January 2020, the Trump administration conducted a drone strike that killed Maj. Gen. Qassem Soleimani while he was on a trip to Iraq. Since then, the regime in Tehran has threatened revenge against those it deems responsible and has… Source link
Read More »Food prices soar in June as White House says ‘prices are too high’
U.S. consumer prices in June accelerated at the fastest annual pace since November 1981 — rising 9.1% year-over-year, up from May’s 40-year high of 8.6%. Soaring food prices contributed significantly to the surge with the category seeing increases of 1% over the month and 10.4% annually, the biggest 12-month increase since the period ending February 1981. Grocery prices rose 1% last month and 12.2% on a year-over-year basis with the prices of cereal, bread, and chicken seeing increases of… Source link
Read More »Here’s why Jim Cramer believes that the market will soon bounce and have a ‘strong rally’ through late August
After the S&P 500 posted its worst first-half performance since 1970, many investors are wondering whether the downtrend would continue for the remainder of the year. But according to CNBC’s Jim Cramer, we could be at a turnaround. “I said to [David Faber] that July 13th will be the bottom. I said that in February,” he reminds viewers. Cramer also uses analysis from market technician Larry Williams to show that the market could be ready for a rebound in the not-so-distant future. “The… Source link
Read More »Yahoo DFS Baseball: Wednesday Picks
This article is part of our Yahoo DFS Baseball series. There will be a lot of day baseball Wednesday, with five games carrying early start times. Among them could be a great pitching matchup when Charlie Morton and the Braves take on Chris Bassitt and the Mets. The evening portion of the slate is not short on top-tier pitchers, either. Among the big names who are expected to take the mound are Shane McClanahan, Zack Wheeler, Shohei Ohtani and Tony Gonsolin. Keeping in mind that runs… Source link
Read More »Bank of Canada hikes key rate by 75 bps for first time since 1998
Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable The Bank of Canada raised its benchmark rate by 100 basis points on Wednesday, a surprise move that exceeded economist expectations, as the central bank attempts to set a firehose against scorching inflation. The unexpected and supersized increase comes after two consecutive 50 basis point hikes, bringing the policy interest rate to 2.5 per cent, the highest level… Source link
Read More »Just 18% of Americans say Biden should run for reelection in 2024 — a new low
Just 18% of Americans say President Biden should run for reelection in 2024, according to the latest Yahoo News/YouGov poll — the lowest number to date. Nearly two-thirds (64%) say he should bow out. And for the first time, more Democrats now say Biden should pass on a second term (41%) than say he should pursue one (35%). The survey of 1,672 U.S. adults, which was conducted from July 8 to July 11, represents perhaps the starkest evidence to date of the president’s deteriorating position… Source link
Read More »Inflation surges to new 40-year high as CPI rises 9.1% in June
U.S. consumer prices in June accelerated at the fastest annual pace since November 1981. The Bureau of Labor Statistics’ Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% last month, up from the prior 40-year high of 8.6% in May. Economists were expecting June’s reading to show an 8.8% increase, according to estimates compiled by Bloomberg. On a monthly basis, the broadest measure of inflation rose at a pace of 1.3%, inching up from 1% in May and climbing at a faster tempo… Source link
Read More »