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(Bloomberg) — Stocks in Asia fell Tuesday and Treasuries sold off across the curve as investors remain cautious about whether central banks can raise interest rates to rein in inflation without derailing growth. Oil gained after the European Union backed a push to ban some Russian oil. Most Read from Bloomberg Equities in Japan, Korea and Australia inched down while Hong Kong futures fell. US contracts opened higher in the first day of trading after the Memorial Day weekend. Yields on… Source link

After 7 weeks of straight losses, the markets went into the long weekend on positive note: their best single week since 2020. The S&P 500 added more than 6% wiping away its losses from the month of May. The sudden drop in value, combined with the even more sudden bullish shift, even if it is temporary, has brought out the discount shoppers of the equity world. ‘Buy the dip’ is a real thing, and frequently successful path toward long-term portfolio gains, and the current environment is… Source link

(Bloomberg) — European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for the invasion of Ukraine. Most Read from Bloomberg The sanctions would forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but include a temporary exemption for pipeline crude, European Council President Charles Michel said late Monday during a summit in… Source link

Stay away from the too-friendly dolphin. Officials have identified an animal that has gotten a bit pushy in the water off of North Padre Island, said a press release from the National Oceanic and Atmospheric Administration. North Padre Island is about 20 miles east of Corpus Christi. “Biologists report the animal is showing more aggressive behavior, separating children from their parents in the water, and isolating swimming pets from their owners,”  said the latest release issued on… Source link

Toronto, Ontario –News Direct– Star Royalties Ltd. Star Royalties Ltd. May 30, 2022 – TheNewswire – TORONTO, ON – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV:STRR), (OTC:STRFF) is pleased to report its financial results for the quarter ended March 31, 2022.  All amounts are in U.S. dollars unless otherwise indicated. Alex Pernin, Chief Executive Officer of Star Royalties, commented: “During the first quarter of 2022, Elk Gold Mine commenced production, while… Source link

Whether hot inflation persists or we’re heading towards a bear market, Suze Orman, personal finance expert, says you should still lean on stocks for the long haul. “Over the long-term stocks have produced the best gains after factoring in inflation,” writes Orman in a blog post. “Bonds and cash struggle to keep pace with inflation; only stocks have a track record of earning more than inflation.” Orman’s advice is sound. But some areas of the stock market perform better than others… Source link

JPMorgan says the market bottom is near as corporate buybacks skyrocket — here are 3 high-upside stocks to play that bullish sentiment Stocks have fallen quite a bit in 2022. If you are wondering where the market bottom is, JPMorgan has some good news. The bank sees companies continuing to buy back their shares, which could help stocks establish a bottom. “In the latest sell-off, JPM estimates 3-4x higher buyback executions than trend, which implies the corporate put remains active,”… Source link

Jeff Gladney, a former first-round pick who played for the Minnesota Vikings and Arizona Cardinals, has died at age 25. According to Clarence Hill Jr. and Drew Davison of the Fort Worth Star-Telegram, Gladney died in a car accident. Both the Cardinals and Vikings confirmed his death on their official Twitter accounts Monday afternoon. Gladney, a cornerback, was a four-year starter at Texas Christian University, and played in the 2020 Senior Bowl before being drafted by the Vikings in the first… Source link

David Letterman, Dave Chappelle, Adam Sandler, Conan O’Brien, Molly Shannon and David Spade shared memories and reflected on the death of their friend Norm MacDonald at the end of the late comedian’s new Netflix special, “Norm MacDonald: Nothing Special.” After watching a screening of MacDonald’s performance, which was recorded in his home, friends of the late “Saturday Night Live” star, discussed his impact on the comedy world. During their conversation, several of them… Source link

CINCINNATI — Haji Wright’s World Cup dreams initially sprouted amid broken glass. That’s what his mother, Serena, lovingly recalls about the boy who seemed attached to his soccer ball. His feet would carry it from the family’s Los Angeles backyard to the dining room table. He’d dribble it to the bedroom he shared with his younger brother, Hanif — and that’s where the window would shatter. The brothers broke it at least twice, Serena says. She threatened to leave it unrepaired…. Source link