Yahoo News

‘Crashes are the best times to get rich’ — here’s why Robert Kiyosaki thinks bitcoin’s plunge is great news and how you can take advantage of it Bitcoin is on a wild ride. The world’s largest cryptocurrency soared to $68,990 last November. Now, it’s at around $29,000 — a staggering 58% pullback from the peak. If the downtrend continues, Rich Dad Poor Dad author Robert Kiyosaki says he’s ready to start buying. “BITCOIN CRASHING. Great news,” he tweeted last week. “I am… Source link

Top economists and money managers worldwide are warning that rising consumer prices and falling economic growth are combining to form a deadly recipe for the global economy—stagflation. Some 77% of investment fund managers say they see “below-trend growth and above-trend inflation,” a.k.a stagflation, as the most likely outcome for the global economy over the next year, according to a May survey from Bank of America Global Research. That’s the highest percentage seen since August… Source link

Last year, thousands of pandemic-hit restaurants applied for government aid through the Restaurant Revitalization Fund. But then the program ran dry before everyone in line was taken care of. Now after months of waiting, the Senate has teed up a key vote to replenish the fund with an infusion of an additional $40 billion for restaurants and $8 billion more for other small businesses. The vote is set for as soon as Thursday and faces Republican resistance, but advocates say it could be the… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, May 18, 2022 Getting rid of bots isn’t as easy as it sounds Elon Musk’s $44 billion deal to buy Twitter (TWTR) is in purgatory. The brash Tesla (TSLA) CEO put the purchase on hold May 13, saying, on Twitter, of course, he couldn’t move forward with the acquisition until he can… Source link

Stephen Curry and the Warriors host the Mavericks for Game 1 of the West finals. Seeing the Mavericks maul the Suns on Sunday was one of the most shocking results I’ve ever witnessed. I wonder what will happen in this series because Golden State has had some questionable performances themselves. The Warriors will definitely be the favorite heading in, but this could be the start of something special for Luka Doncic. It does leave us with single-game slates from here on out, but we’re… Source link

Billionaires like Jeff Bezos and Bill Gates are making big bets on farmland — here are 2 effortless ways you can access it, too Fear is taking over. The S&P 500 is down about 16% of its value in 2022, while the tech-heavy Nasdaq has lost 26% over the same period. Investors are worried about rising interest rates, supply chain issues, and an economic slowdown. Billionaires are nervous, too. But they do have access to an asset class that has a proven track record of wealth protection:… Source link

It doesn’t take a brain surgeon to suss out a host of negatives from the brutal earnings results and conference calls from Target and Walmart this week. All of them come to the same conclusion though: Consumers are being financially battered by inflation and the economy is slowing much quicker than Wall Street economists have factored into their 500-step multi-factor models. “It has been a wild 48 hours in retail,” Jefferies Analyst Steph Wissink said on Yahoo Finance Live (video above). “We… Source link

MIAMI — The Boston Celtics do not anticipate Al Horford being cleared from health and safety protocols prior to Game 2 of the Eastern Conference finals on Thursday, league sources told Yahoo Sports. There is a minuscule path in which the veteran big man could fulfill the necessary steps for clearance, but sources maintain it’s highly unlikely. In Horford’s absence and with Marcus Smart sidelined with a right foot sprain, the Miami Heat took a 118-107 Game 1 win Tuesday night. Smart is… Source link

Southern Hills Country Club will play the host role this week at the 104th PGA Championship. We’ve seen this Tulsa course host four previous editions of the PGA and it always proves to be a tough test. Over those four runnings at Southern Hills, less than 30 golfers have escaped with red numbers next to their name at week’s end. So, to start our search for Yahoo DFS plays, let’s look at historical performance on tough courses. From there, we can look at bentgrass putting stats to see who has… Source link

We had the first two series of the second round of the NHL playoffs begin Tuesday. Now, here on Wednesday, the second two series kick off. It’s time for some more DFS action. Let’s savor the time when we have multiple NHL games basically every day while we can. Here are some players to target, and to avoid, for your DFS lineup. GOALIE Antti Raanta, CAR vs. NYR ($28): Wednesday, we have the teams that finished sixth, seventh, and ninth in goals per game this season. Then, we have the Rangers,… Source link