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U.S. athletes Simone Biles and Megan Rapinoe were among 17 recipients of the Presidential Medal of Freedom on Thursday. Per the White House, the honor is bestowed to recognize “exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavors.” President Joe Biden presented the medals to recipients at the White House. Biles, 25, is the youngest person to ever receive the honor, which is the highest… Source link

Warren Buffett famously said one should be fearful when others are greedy and be greedy when others are fearful. Right now, there is a lot of fear around stocks, with an 18% year-to-date loss on the S&P 500 index – and that’s after gaining 3% in recent trading sessions. Does that mean it’s time to get greedy? Perhaps a hint is coming in from Oppenheimer. The firm is less pessimistic than most, and in recent note, chief investment strategist John Stoltzfus lays out a bull case for gains… Source link

The Las Vegas Raiders have made a landmark hiring by naming Sandra Douglass Morgan as team president. The team announced the hiring in a news conference on Thursday shortly after a report from the Las Vegas Review-Journal’s Mick Akers. She is the first Black woman to serve as a team president in NFL history. “It’s my honor to be here today as the newest member of the Raiders family,” Douglass Morgan said while sitting alongside team owner Mark Davis. “It’s the honor of a lifetime to serve as… Source link

U.S. stocks pushed higher for a fourth straight session on Thursday, led by broad-based gains across all sectors. Investors look ahead to the all-important June jobs report due out before Friday’s opening bell. The S&P 500 rallied 1.5% and the Nasdaq gained 2.3%. The Dow Jones Industrial Average added 246 points, or roughly 1.1%. The Labor Department is set to release its latest monthly employment data at 8:30 a.m. ET on Friday. Figures are expected to show a payroll gain of 268,000 — the… Source link

‘I’m betting the second half turns out better’: Jim Cramer believes that the market will soon bounce. Here’s what he likes to ‘protect you’ while the Fed keeps tightening The S&P 500 has plunged nearly 21% in the first six months of 2022, marking its worst first-half performance since 1970. But not everyone is bearish. CNBC’s Jim Cramer, for instance, still sees opportunity in the months ahead — particularly in the Dow Jones Industrial Average. “These tend to be boring, mature… Source link

The weather isn’t the only thing warming up in July. Roblox stock is surging as well. Roblox stock is up 25% over the last month, including a 14% move higher on strong volume on Tuesday despite a broader market pullback, and have continued to trek higher as the week has raged on. The metaverse gaming play has been one of the hottest tickers on the Yahoo Finance platform. Analysts pin the move on a few factors. “I think that part of it is that the third-party data that we have been hearing about… Source link

Rafael Nadal has withdrawn from his Wimbledon semifinal match versus Nick Kyrgios with an abdominal tear. Nadal announced the decision in a news conference Thursday. Kyrgios will advance to the Wimbledon championship match in a walkover. “Unfortunately, as you can imagine, if I am here, I have to pull out from the tournament,” Nadal said. “As everybody saw yesterday, I had been suffering with pain in the abdominal. I was not OK there, as yesterday I said. That’s confirmed. I have a tear in the… Source link

Though the comparisons to Manny Pacquiao are inevitable, Mark Magsayo (L) is out to chart his own course in boxing. (AP Photo/John Locher) Mark Magsayo is the first one to quash the comparisons. He’s Filipino, he boxes, he can punch and he’s strung together a long winning streak. But Magsayo, who defends his WBC featherweight title against Rey Vargas on Saturday at the Alamodome in San Antonio, doesn’t need a positive comparison with Manny Pacquiao from anyone in order to make himself… Source link

This article is part of our Yahoo DFS Baseball series. Thursday is set up to be a loaded slate in terms of top-tier starting pitchers. Things will start off with Justin Verlander taking the mound for the Astros in what could be an epic mismatch against the Royals. Gerrit Cole is also scheduled to start in the first game of a marquee series between the Yankees and Red Sox. One of the top pitcher’s duels could come from San Diego when Joe Musgrove and the Padres host Logan Webb and the… Source link

Base metals rallied on Thursday, but their downward trend over the last several weeks has been flashing recessionary signals. Copper (HG=F) futures touched a 19-month low this week amid concerns of a recession. The metal used in everything from jewelry to motors and electrical wiring is down about 19% year to date. “Doctor” Copper is often used to gauge the overall health of the economy. “Weak commodity prices help ease inflation fears,” Fiona Cincotta, senior financial markets analyst at City… Source link