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This article is part of our Yahoo DFS Hockey series. The Avalanche secured a big win in Game 1 of the Stanley Cups Finals with a 4-3 overtime victory against the Lightning. What will Game 2 bring? Hopefully it’ll be another great game, but for now I am focused on the DFS situation. You have $135 in salary to dish out to five players. One of them is your Superstar. They earned you 1.5 times the points. Here is my lineup recommendation for Saturday. SUPERSTAR Nathan MacKinnon, COL vs…. Source link

Golden State Warriors coach Steve Kerr knows what it’s like to win a championship in the NBA. After winning five as a player, Kerr picked up his fourth championship as a coach Thursday, giving him nine championship rings. If his comments Friday were any indication, celebrating championships doesn’t get old. [Warriors championship gear: Buy the newest shirts, hats and other memorabilia] Kerr admitted he partied pretty hard following his fourth championship with the Warriors. Upon landing back… Source link

The Federal Reserve, led by Jerome Powell, raised interest rates earlier this month.Samuel Corum/Getty Images A “stubborn” Federal Reserve has increased the likelihood of a prolonged recession, according to Axonic Capital’s Peter Cecchini.  That’s because the Fed could cause economic whiplash that leads it to cutting interest rates sooner than expected. “The 1970’s drawdown scenario of almost 50% for the S&P 500 is becoming all the more likely,” Cecchini said. The Federal Reserve’s decision to… Source link

Between a tanking stock market, soaring inflation, and mounting recession fears, Americans are turning on the economy. And somewhere, Vladimir Putin is probably smiling about it. Amid all the chaos, inflation has become the biggest financial concern of nearly every American as prices rise for everything from gas to groceries. There are several reasons that inflation reached a 40-year-high of 8.6% last month, including rising rents and labor costs. But economists say a major driver is Russia’s… Source link

This article is part of our Yahoo DFS Baseball series. It’s almost the official start of summer – the season for baseball – but we’re well into the season already. The primary DFS contests on Yahoo consist of 12 games starting at 4:05 p.m. ET or later with the doubleheader between the Mariners and Angels having been omitted. Here are my DFS recommendations to try and help make this a weekend of winning. Pitching Jeffrey Springs, TAM at BAL ($43): After starting the season in the… Source link

BOSTON — Jayson Tatum, as dejected as we have seen him in his nascent career, lolled out of the press room following his Boston Celtics’ NBA Finals loss to the Golden State Warriors and hugged his father. “It hurts,” Tatum had just told a horde of reporters huddled in a corner of TD Garden, as the smell of cigar smoke emanated from the nearby visitors’ locker room. “I feel like I could have done a lot of things better.” Following a lengthy discussion, the first team All-NBA forward exited… Source link

Many banks are finally increasing the yields on their online savings accounts and certificates of deposit, tracking the interest-rate hikes the Federal Reserve started in March to combat higher prices. For instance, Ally Bank increased its online savings account’s annual percentage yield (APY) to 0.90% from 0.75% last week, while American Express upped its high-yield savings account yield to 0.75% from 0.65%. More increases could be on the way after the Fed this week hiked its rate again —… Source link

Charles Barkley isn’t afraid to speak his mind. It’s one of the many reasons that after a Hall of Fame basketball career he’s one of the most popular sports analysts in the business. During an appearance on the Pat McAfee Show on Friday, the 11-time All-Star and current analyst for TNT dished on the LIV Golf and PGA Tour controversy and supported players who took the money to join the Greg Norman led series that is funded by Saudi Arabia’s Public Investment Fund. “I want all the LIV… Source link

As the U.S. economy grapples with soaring inflation and rising interest rates that could trigger a recession, the Biden administration is being blamed for overheating the economy with too much stimulus aid in the wake of the COVID-19 pandemic. In an interview with the Associated Press published Thursday, President Joe Biden called the notion that the federal stimulus package caused inflation “bizarre.” Still, some prominent figures, including personal finance expert Suze Orman, have questioned… Source link

Wednesday’s decision by the Federal Reserve to hike interest rates by 75 basis points was its biggest hike since 1994, and economists are starting to digest what a paradigm change it is. One of the world’s most prominent Fed watchers, Mohamed El-Erian, chief economic adviser of financial services firm Allianz and president of Queens’ College at Cambridge, says it’s part of a “great awakening” for central banks, as several others took action this week. For instance, the Swiss… Source link