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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

As gas prices top $5.00 a gallon nationwide and economists ponder when demand destruction will really kick in, many wonder whether the electric vehicle (EV) industry is benefitting. Data shows that new EV purchases jumped in Q1, and many industry watchers speculate high gas prices are driving this behavior. But a new study from Autolist — an online car shopping platform— shows gas prices actually are not driving more EV consumer sentiment. “This was a little bit of a surprise for us,”… Source link

This article is part of our Yahoo DFS Baseball series. Get ready for a packed Friday with 16 games scheduled across baseball, which includes a doubleheader between the Phillies and Nationals. As far as exciting series go, there will be no shortage of them. The Blue Jays will host the red-hot Yankees and try to start whittling away at the Yankees’ division lead in the process. The Red Sox also have some catching up to do in the AL East, but they will be met with a tough foe when they… Source link

Fears of an economic downturn are growing among CEOs, with some convinced the economy has already rolled over. The majority of chief executive officers and other C-suite leaders across the globe believe their geographic region will enter a recession by the end of 2023, according to a survey from the Conference Board released Friday. The business research firm found that 60% of CEOs expect the economy to contract in their primary area of operations in the next 12 to 18 months. Some 15% of CEOs… Source link

M.J. Daffue is playing in his first U.S. Open. After nine holes on Friday, he was leading the U.S. Open by three strokes. Those facts combined would melt the brains of most people who watch golf, but the people who are capable of playing it are made of sterner stuff. Stuff that drives them to take shots like this, for instance: (Via screenshot) Yes, that’s Daffue, pronounced “Duffy,” preparing to drive off the deck from a hospitality tent alongside the 14th hole at The Country Club. You can… Source link

BOSTON — A code of conduct message was briefly displayed on the Jumbotron a few times per game at TD Garden during the NBA Finals. And at least on one occasion a night, the PA announcer read the message to fans. Plastered on the entire screen in green with a white font, it read: “Fans engaging in any disruptive behavior such as: fighting, throwing objects, attempting to enter the court or interrupt play, USING IMPROPER OR OFFENSIVE LANGUAGE or gestures are subject to ejection, ban, and… Source link