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After the Biden and Bezos war of words, gas prices really are coming back down to earth

After the Biden and Bezos war of words, gas prices really are coming back down to earth

After hovering near the $5 mark for a while, the average price of gas could fall to $4 per gallon by mid-August, analysts predict. Gas prices have been retreating from their highs last month for a couple of weeks now. AAA reports the average price per gallon currently stands at $4.75 nationwide, a 16-cent drop from a month ago. Wednesday’s drop of 2.8 cents per gallon was the second largest single-day drop in the last decade. The decline comes on the heels of a Twitter feud between Jeff… Source link

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Ons Jabeur to face Elena Rybakina in women’s final

Ons Jabeur to face Elena Rybakina in women’s final

The women’s Wimbledon final match is set. Ons Jabeur of Tunisia will face Elena Rybakina of Kazakhstan after both were victorious Thursday. Jabeur, 27, took down Tatjana Maria of Germany 6-2, 3-6, 6-1 while Rybakina, 23, beat Simona Halep of Romania in straight sets 6-3, 6-3. This final will be extra special for both competitors. Neither Jabeur nor Rybakina had ever reached a Grand Slam final in their careers, previously only advancing as far as the quarterfinals. Jabeur reached the… Source link

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George Noble Blasts Jim Cramer “That is all bullsh*t”

George Noble Blasts Jim Cramer “That is all bullsh*t”

George Noble, Managing Partner and Chief Investment Officer of Noble Capital Advisors, is a must-follow on Twitter. Aside from sharing his views and opinions, the star stock-picker is unafraid when it comes to controversy and confrontation. A recent example is a tweet he shared on June 21 2022, where he laid into investment celebrity Jim Cramer. In his tweet, Noble cites the Belkin Report and shares an excerpt referencing the bullish consensus on energy stocks stating, “In our humble… Source link

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Brittney Griner pleads guilty to drug charge in Russia

Brittney Griner pleads guilty to drug charge in Russia

Phoenix Mercury star Brittney Griner pleaded guilty to a drug charge Thursday in a Russian court, a “decision informed by discussion with her legal defense team in Russia,” Griner’s team said in a statement. “I’d like to plead guilty, your honor. But there was no intent. I didn’t want to break the law,” Griner said in court. “I’d like to give my testimony later. I need time to prepare.” In a statement, Griner’s legal team stated that “considering the nature of her case, the insignificant… Source link

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This CEO warns that the Fed’s strategy has created a giant bubble in housing. Here’s what he likes for protection

This CEO warns that the Fed’s strategy has created a giant bubble in housing. Here’s what he likes for protection

‘The biggest Ponzi scheme in history’: This CEO warns that the Fed’s strategy has created a giant bubble in housing. Here’s what he likes for protection The Fed is tasked with a dual mandate: to ensure price stability and aim for maximum employment. But according to Dan Morehead, CEO of crypto hedge fund giant Pantera Capital, there’s a third thing that the Fed has been doing — running a Ponzi scheme. In his latest Blockchain Letter, Morehead says that the Fed’s “manipulation of… Source link

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Internet couldn’t resist mocking Aaron Rodgers’ odd first tattoo

Internet couldn’t resist mocking Aaron Rodgers’ odd first tattoo

Aaron Rodgers getting his first tattoo was probably going to become fodder for jokes regardless of what he put in his skin, but he certainly gave the internet enough material to go above and beyond. The Green Bay Packers quarterback unveiled the ink on Wednesday via Instagram, shouting out Hungarian tattoo artist Balazs Bercsenyi for the work. Here it is: The caption from Rodgers: First tattoo. From the 🐐 himself @balazsbercsenyi Grateful for his mastery and friendship 💪🏼❤️… Source link

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Tycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire

Tycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire

(Bloomberg) — By 2:08 p.m. Shanghai time on March 8, it was clear that Xiang Guangda’s giant bet on a fall in nickel prices was going spectacularly wrong. Most Read from Bloomberg Futures had just skyrocketed above $100,000 a ton and his trade was more than $10 billion underwater. It was threatening not only to bankrupt Xiang’s company, but to trigger a Lehman Brothers-like shock through the entire metals industry and possibly topple the London Metal Exchange itself. But Xiang was calm…. Source link

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Dave Nadig on Energy and the Economy

Dave Nadig on Energy and the Economy

Energy inputs are always going to be cyclical with the economy. This is the primary topic of this week’s “ETF Report” on Yahoo Finance. VettaFi’s financial futurist, Dave Nadig, was on hand to discuss how the energy sector has shifted, considering where things are in the market. As Nadig states, “When people think the economy is doing well, oil tends to run up. On the contrary, when people think we’re heading for a recession, oil tends to come down. However, digging under… Source link

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Kanye car coming? ‘Donda Foam Vehicle’ shown in release

Kanye car coming? ‘Donda Foam Vehicle’ shown in release

It might soon be time to add another accolade to Kanye West’s artistic catalog. The man with 21 Grammy wins and a multi-billion dollar valuation for his Yeezy collaborations, is potentially looking at making a car. DONDA, West’s content company known for collaborating on projects across various fields like film, design, as well as fashion, named noted sneaker designer Steven Smith as the head of “Donda Industrial Design.” Now one of the products highlighted in the release naming Smith… Source link

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Jake Paul officially cancels bout with Tommy Fury, claims boxer ‘went into hiding’

Jake Paul officially cancels bout with Tommy Fury, claims boxer ‘went into hiding’

The Jake Paul-Tommy Fury boxing match is officially off, for a second time. Paul does not sound pleased. The YouTuber-turned-boxer confirmed via Twitter on Wednesday that Fury had received a termination notice for their bout and claimed his erstwhile opponent “literally went into hiding.” Paul confirmed he still planned to fight in his Aug. 6 event at Madison Square Garden, co-headlined by an Amanda Serrano match, but will have to find an opponent on short notice. He indicated an announcement… Source link

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