Yahoo News

BlackRock (BLK) has downgraded its outlook for stocks amid increasing economic uncertainty and persistent inflation. Strategists at BlackRock’s Investment Institute said Monday the firm cut its exposure to developed market equities, citing aggressive intervention by central banks to tame rising prices across the global economy. “Right now, we think the Fed has boxed itself in by responding to political pressures to rein in inflation,” strategists led by Jean Boivin said in a note… Source link

LAS VEGAS — The first weekend of Summer League was jam-packed with exciting games and glimpses of top players from the 2022 NBA draft. The No. 1 pick, Paolo Banchero, went head-to-head with No. 4 pick Keegan Murray in a sudden-death double-overtime thriller. No. 2 pick Chet Holmgren is settling in with the Oklahoma City Thunder, while No. 5 pick Jaden Ivey showcased some flashy passes and dunks in the open court. “This is a great class and people were kind of underestimating our class,”… Source link

Condoleezza Rice is now a part owner of the Denver Broncos. The former U.S. Secretary of State officially joined the new ownership group of the Broncos on Monday, the team announced. Rice joins the group led by Walmart heir Rob Walton and his family. “We’re pleased to welcome former Secretary of State Condoleezza Rice to our ownership group,” Rob Walton said in a statement. “A highly respected public servant, accomplished academic and corporate leader, Secretary Rice is well known as a… Source link

This article is part of our Yahoo DFS Baseball series. There will be 10 games played across baseball Monday, including a doubleheader between the Royals and Tigers. While that’s not exactly an exciting matchup, the headline of the night will be the Braves hosting the Mets. After falling in a big hole at the start of the season in the NL East, the Braves have cut the Mets’ lead to 1.5 games. It will be a battle between two aces, as well, when Max Scherzer faces off against Max Fried…. Source link

Not only has Paul Rudd repeatedly helped save the Marvel Cinematic Universe onscreen, but he’s also a superhero in real life as well. According to NPR, the star of the Ant-Man franchise recently reached out to Brody Ridder, a 12-year-old boy in Colorado who had experienced months of bullying at his school. His mother, Cassandra Ridder, reached her breaking point when Brody brought home his yearbook that only two teachers and two students signed. “Hope you make some more friends,” Brody wrote… Source link

Gas prices have come off their highs, but relief at the pump may be short-lived, says one analyst. “For the moment, we’re going to see the lowest prices we’e seen since May,” Tom Kloza, OPIS global head of energy told Yahoo Finance Live. “Unfortunately, I think we’re going to see prices rally after they find a bottom in the first half of July.” Prices at the pump have decreased to a national average of $4.68 per gallon, after topping $5 last month. Oil prices have been under… Source link

The ketchup bottles at Heinz Field will soon be in the recycling bin. The Pittsburgh Steelers announced Monday that their home stadium will no longer be called Heinz Field. The team reportedly couldn’t reach a new deal with Heinz, the sauce and condiment company famous for its signature ketchup and the iconic bottles that contain it. Andrew Fillipponi of Pittsburgh radio station 97.3 The Fan first reported that the Steelers already had a new deal in place, and it’s with a non-ketchup company… Source link

The following players are widely available in Yahoo Fantasy Baseball formats and may be worth grabbing, depending on your league’s depth. Hicks has three homers and two steals while batting .323 with more walks than strikeouts over eight games in July. The Yankees have remained patient with him all season (a .359 OBP thanks to an elite walk rate helps), and more power is finally starting to show. Hicks has 10 runs scored and eight RBI over the eight games this month, as counting stats will… Source link

In June of 2018, just days after finishing seventh grade, Dante Moore attended a one-day University of Michigan football camp that is usually reserved for high school prospects. He had been invited by coach Jim Harbaugh, who’d heard of his prodigious talent. Dante’s father, Otha, told the Detroit Free Press at the time that he was surprised but thrilled at the request. He was a lifelong Detroiter and, as his son would declare, a “die-hard Michigan fan.” So die-hard, in fact, that Otha… Source link

The Las Vegas Raiders went 10-7 last season. Everyone is excited about the Cincinnati Bengals after their playoff run, but the Raiders came 9 yards from tying a wild-card game at Cincinnati (or going for two and the win) in the final minute. Then this offseason the Raiders added arguably the best receiver in the NFL, Davante Adams, and Chandler Jones‘ 107.5 career sacks. They also hired Josh McDaniels, one of the game’s most accomplished offensive coordinators, as their new coach. The Raiders… Source link