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LeBron James is officially a billionaire. The Los Angeles Lakers star is worth an estimated $1 billion, according to Forbes, which makes him the first active NBA player to join the billionaire club. The only other basketball player to be worth 10 figures is Michael Jordan, who earned that moniker 11 years after he retired when his stake in the Charlotte Hornets increased to 89.5 percent in 2014. While James has earned more than $385 million in pretax salary during his 19-year NBA career, per… Source link

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. Most Read from Bloomberg “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference Thursday. “The confluence of the number of shocks to the system to me is unprecedented.” Waldron’s comments echoed the… Source link

KFC (YUM) is continuing its partnership with rapper (and Kentucky native) Jack Harlow. On Tuesday, the fast food chain announced the new “Jack Harlow Meal,” which will drop at KFC locations nationwide beginning June 6. The combo meal, hand-selected by Harlow himself, includes the brand’s spicy chicken sandwich, mac & cheese, secret recipe fries, a side of ranch, and a lemonade. “From releasing ‘Come Home the Kids Miss You’ and now launching my own meal at KFC, I’m having a super blessed… Source link

  U.S. stock futures advanced in pre-market trading Thursday after renewed concerns over the economy evoked a downbeat start to June. Investors look ahead to several key employment reports before markets open. Contracts on the S&P 500 rose 0.5% after a choppy previous trading day, while futures tied to the Dow added 130 points, or about 0.4%. Nasdaq futures pushed 0.6% higher. So far this holiday-shortened week, all three major indexes have logged two straight days of losses after last week’s… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 2, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Fear and greed are universal to the human condition. And the fear and greed of the herd — a/k/a retail traders — is currently swinging far to the fear side. This may be good news, as the herd is often… Source link

Josh Donaldson said he was hurt after his New York Yankees teammates didn’t back him up following his “Jackie Robinson” comments directed at Chicago White Sox star Tim Anderson. Donaldson said on Wednesday that while he admits what he said about Anderson was wrong, hearing his own teammates bash him for it was disappointing. “I think that was tough to hear, for sure, just for the simple fact that I pride myself on being a good teammate, and everywhere I’ve went, every organization… Source link

SAN FRANCISCO — It took a moment for Jordan Poole to soak it all in, wearing the hat and T-shirt with confetti dropping from above at Chase Center as the Golden State Warriors clinched a trip to the NBA Finals. If it’s a feeling he wants to help duplicate, the punitive luxury tax penalties won’t be a deterrent for the Warriors to keep him. Warriors president of basketball operations and general manager Bob Myers cut off the question before it could be finished, flatly saying “no”… Source link

Amber Heard.EVELYN HOCKSTEIN/POOL/AFP via Getty Images A jury largely sided with Johnny Depp in his defamation trial with Amber Heard on Wednesday. Experts told Insider that Heard lost because she wasn’t believable on the stand, and isn’t as big a star. “The jurors loved him, the public loved him, everyone on social media loved him.” Amber Heard lost her defamation case with Johnny Depp because she didn’t come off as credible, and lacks her ex-husband’s star power, experts told Insider hours… Source link

Market Coverage – Thursday June 2 Yahoo Finance – Yahoo Finance Source link

The westward journey away from war and toward the 2022 World Cup began early on a Saturday morning in Kyiv. It had been two months since the bombs started falling and the sirens started wailing; since windows shattered and some Ukrainian soccer players sheltered on garage floors. They feared the Russian missiles that seemed to strike incessantly. They huddled in basements, under blankets. They pleaded for peace, then fled for safety, their minds as far as could be from the sport that once… Source link