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In his fourth game as a major leaguer, 21-year-old Julio Rodríguez, the Seattle Mariners’ top prospect coming into the year, noticed the opposition was kind of sleeping on him. Specifically, Minnesota Twins pitcher Dylan Bundy and catcher Gary Sanchez had left him largely unchecked over at first after he walked. Probably they’d seen the scouting reports, which praised his control of the strike zone, ability to adjust and “plus-plus raw power,” while tempering expectations about his… Source link

Nathan Eovaldi‘s bad day on Tuesday was one fan’s very good fortune. The Boston Red Sox entered the second inning at home holding a 1-0 lead over the Astros. They left trailing, 9-1 after a record-tying outburst sent five home runs into the Fenway Park stands en route to a 13-4 Houston romp. Eovaldi surrendered all five. One lucky fan caught two of them. Nathan Eovaldi didn’t have his best stuff against the Astros. (David Butler II/Reuters) Astros tee off on Eovaldi The inning started with a… Source link

CHICAGO — The Orlando Magic earned the right to select No. 1 overall in the 2022 NBA draft on June 23. The Magic had the best odds (14%) to land the top pick in the NBA draft lottery held Tuesday evening. This is the first No. 1 overall pick for the Magic since 2004 when they selected Dwight Howard. Orlando had two lottery picks last year (Jalen Suggs and Franz Wagner). The Oklahoma City Thunder will select No. 2, followed by the Houston Rockets at No. 3 and the Sacramento Kings at No. 4…. Source link

U.S. stock futures opened higher Tuesday afternoon after rallying during the regular trading day, as investors took in reassurances from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs. Contracts on the S&P 500 edged higher. The blue-chip index ended Tuesday’s regular trading day higher by 2% to settle at at 4,088.85. Technology and growth stocks that had been beaten down over the past month… Source link

3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income Inflation is on a white-hot tear. U.S. consumer prices surged 8.3% in April from a year ago, down slightly from 8.5% in March, but still near 40-year highs. Whether central bankers believe inflation is short-lived, prices are on the rise right now. To preserve purchasing power, investors usually turn to assets like gold and silver during inflationary times…. Source link

As the market’s downward slide continues following a hawkish Federal Reserve statement Tuesday afternoon, economists have downgraded their forecasts for the economy in 2023. “While we don’t necessarily have a recession in our forecasts, we do see the risk of a recession increasing,” said Beth Ann Bovino, Chief U.S. Economist for S&P Global Ratings. “We now have it at about 30%; we see the risk go much larger in 2023 when those cumulative rate hikes from the Fed to attack inflation… Source link

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank will continue to raise short-term interest rates — which will likely slow economic activity — until there is “clear and convincing evidence” that inflation is coming down. “We will go to that point and there won’t be any hesitation about that,” Powell said at a Wall Street Journal event. In the face of inflation rates not seen since the 1980s, the Fed has ratcheted up short-term borrowing costs in an effort… Source link

If you’d told a golf fan in 2002 — back when Tiger Woods was collecting majors by the armload, and Phil Mickelson was the lovable major-less loser — that those two would still be the most popular players on the planet in 20 years, it probably wouldn’t have come as a total shock. (That 2002 fan would have reason to worry about the state of a game that hadn’t produced anyone to eclipse Tiger and Phil, but that’s a different story.) Woods and Mickelson possess a rare combination of… Source link

Walmart is seeing a bifurcation in how its various consumers shop its stores as inflation takes its grip on wallets, explains CFO Brett Biggs. The trend ranges from upper income households still buying name brand merchandise at higher prices, to lower income shoppers trading to cheaper private label products. “We’re seeing everything that’s going on in the United States right now,” Biggs told Yahoo Finance in an interview. The comments come as Walmart had a surprising earnings shortfall for the… Source link

Yahoo Sports’ Dan Wetzel and Sports Illustrated’s Pat Forde discuss coaches who are heading into the 2022 college football season including Louisville’s Scott Satterfield, Arizona State’s Herm Edwards, Nebraska’s Scott Frost, and Auburn’s Bryan Harsin. Video Transcript [YAHOO SPORTS LOGO JINGLE] DAN WETZEL: We know Jeff Brohm is the head coach at Purdue. And Jeff Brohm is a– from the Brohm family of Louisville. His father, Oscar, brothers, Greg, and Brian, his son– everybody…. Source link