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Ozzy Osbourne is “doing well” after undergoing major surgery, according to his family. In a statement posted to Twitter on Tuesday, Sharon Osbourne said her husband is recovering. “Our family would like to express so much gratitude for the overwhelming amount of love and support leading up to Ozzy’s surgery! Ozzy is doing well and on the road to recovery,” the message reads. On Monday, the 73-year-old Black Sabbath rocker had “a very major operation.” “It’s really going to determine the rest of… Source link

* FedEx jumps after lifting quarterly dividend by more than 50% * Oracle rises as sales, profit top estimates on cloud boom * Continental Resources jumps on buyout proposal from founder (Updates to mid-afternoon, changes byline) By Chuck Mikolajczak NEW YORK, June 14 (Reuters) – The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central… Source link

Etsy’s (ETSY) stock has struggled this year so far, declining more than 66% this year to date. The entire tech sector’s been getting pummeled amid the broader bear market, but Etsy’s stock has been among the hardest hit. Snap (SNAP), Netflix (NFLX), and Shopify (SHOP) are among the other companies that have seen massive declines amid inflation, the war in Ukraine, rising gas prices, and escalating interest rates. Shares of Etsy, where crafters can sell their wares online, collapsed more than… Source link

That loud sucking sound we hear is the stock market digesting the work of a hawkish Fed that’s trying to fight unexpectedly sticky inflation. “We expect a tumultuous year, and our plan was not to sell into extreme whooshes — I would say we are in an extreme whoosh,” Canaccord Genuity Chief Market Strategist Tony Dwyer said on Yahoo Finance Live (video above). “I would say if you are looking to cut back exposure because money availability and the outlook isn’t so great, I would love to do it… Source link

With inflation hitting a 40-year high and gas breaking $5 a gallon, all eyes are on the Fed ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting. According to Drew Matus, chief market strategist at MetLife Investment Management, the Fed addressing inflation isn’t a matter of “if” but rather to what extent for investors. “The real question right now is: What’s going to be the cost of handling the inflation story?” Matus said on Yahoo Finance Live (video above). “I think… Source link

This article is part of our Yahoo DFS Baseball series. Get ready for a wild Tuesday with 16 games upcoming across baseball. The Cardinals and Pirates will play a doubleheader, with the first game of it being the only afternoon action of the day. One of the more appealing series will feature the Yankees hosting the Rays. Gerrit Cole will be on the mound for New York, while former Yankee Corey Kluber will start for the Rays. We’ll also have the battle of Los Angels with the Angels… Source link

Cryptocurrency sell-offs continued through Tuesday morning, with drawdowns waning after the sector’s “Black Monday” saw over $1 billion in crypto derivatives liquidated over a 24 hour period according to data from Coinglass. Overall, the total crypto market cap has lost more than two-thirds of its value since peaking in November, according to Coinmarketcap, falling from $3 trillion at its apex to $952 billion as of Tuesday 11 am New York time. After briefly dipping to $20,950 per unit… Source link

The U.S. teachers shortage could be getting worse. A March 2022 survey from the National Education Association (NEA) showed that more than half of teachers (55%) intend to leave the profession earlier than they planned, and that was before the elementary school shooting in Uvalde, Texas. “90% of teachers are saying they’re really thinking about what happened in Uvalde and what that means for them,” American Federation of Teachers President Randi Weingarten said on Yahoo Finance Live… Source link

The former head of Yahoo, Marissa Mayer, tore down three homes to build a pool.  She bought the houses for $700,000-$800,000 each, the San Francisco Business Times reported.  City officials initially rejected the plan, citing a law meant to protect California’s housing stock.  … Source link

SAN FRANCISCO — A backdoor pass is intercepted. A crosscourt pass is picked off. A simple dribble handoff is fumbled, and a lob is robbed. These are the giveaways that have become routine for the Boston Celtics, and one of the central stumbling blocks causing them to be on the brink of giving away this NBA Finals after being up 2-1. Game 5 on Monday was no different — as they lost to the Golden State Warriors 104-94 to fall down 3-2 — and it involved the usual suspects. Boston coughed up… Source link