Yahoo News

Loretta Mester, president of the Federal Reserve Bank of Cleveland, joined Yahoo Finance to discuss her outlook on inflation and the central bank’s response. Below is a transcript of her appearance, aired live on May 10. – BRIAN CHEUNG Welcome back to Yahoo Finance. I’m Brian Cheung here live on site at the Atlanta Fed’s Financial Markets Conference in beautiful Amelia Island and I’m here with Cleveland Fed President Loretta Mester. President Mester, so it’s great to see you and also in… Source link

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, joined Yahoo Finance to discuss his outlook on inflation and the central bank’s response. Below is a transcript of his appearance, taped and aired on May 10. – BRIAN CHEUNG: Hi I’m Brian Cheung here on the sidelines of the Financial Markets Conference hosted by the Atlanta Fed alongside the Atlanta Fed President Raphael Bostic. President Bostic, great to see you. RAPHAEL BOSTIC: Good to see you too, Brian. BRIAN CHEUNG: It’s… Source link

U.S. stocks were mixed at the end of a choppy session Tuesday as markets struggled to recover from a sharp sell-off that sent all three major indexes to their lowest level year-to-date to start the week. The S&P 500 was 0.3% higher after the benchmark closed below 4,000 for the first time since March 2021 on Monday, deepening losses from its longest streak of weekly declines since 2011. The Dow Jones Industrial Average fell for a fourth straight day to close 85 points, or 0.3% lower, and the… Source link

Even pizza prices are headed higher amid elevated inflation. Papa John’s said this week that the company increased prices 7% in the first quarter to help offset inflationary pressures. Despite the price increase, Papa John’s still saw North America same-store sales gain 1.9%. “We have got great demand for our products [and] positive comparable sales in the first quarter despite the most challenging operating environment we have ever seen,” said Papa John’s CEO Rob Lynch on Yahoo Finance Live… Source link

Josh Naylor was stoked. And rightfully so. The Guardians first baseman had a massive night on Monday against the Chicago White Sox as Cleveland rallied from an 8-2 eighth-inning deficit for a 12-9 win in extra innings. Naylor finished the night 3 of 5 at the plate with eight RBI, including a grand slam in the ninth inning that tied the game at 8-8. Naylor calmly ran the bases after his blast over the right centerfield wall. But once he touched the plate, it was on. Naylor shushed the White Sox… Source link

Luka Doncic and the Dallas Mavericks head into Phoenix for Game 5 with the series tied 2-2. This is easily the best slate of the season up to this point. We have two Game 5s here, with both of them featuring a 2-2 series. The home teams have won all eight games in both of these series, and it’ll be interesting to see which club breaks serve first. With that in mind, let’s take a look at things on Yahoo! Injury Report Core Plays James Harden (PG – PHI): $38 Harden’s price has fallen… Source link

There’s now an explanation for why French soccer club Lyon demoted veteran fullback Marcelo to its reserve team earlier this season. And it’s a gas. According to multiple reports, the 34-year-old Brazilian was dropped from the first team because of repeated instances of farting in the dressing room. Per ESPN, Marcelo was laughing during a speech captain Leo Dubois made following an early season loss. And he was accused of “continuous farting” in front of the team’s manager and sporting… Source link

Tom Brady is still playing for the Tampa Bay Buccaneers, but he’s already got a job lined up when he decides to hang up his helmet. During an earnings call on Tuesday, Fox CEO Lachlan Murdoch announced that Brady will be joining Fox Sports when he retires, taking the role of lead NFL analyst. He’ll be calling games with Kevin Burkhardt, who is replacing Joe Buck this season after Buck and his broadcast partner Troy Aikman left for ESPN earlier this year. With Burkhardt in the Buck seat, Brady… Source link

A new Yahoo News/YouGov poll shows that Americans’ confidence in the U.S. Supreme Court has collapsed over the last 20 months — a period that began with former President Donald Trump and Senate Republicans installing a 6-3 conservative majority ahead of the 2020 election and culminated last week with the leak of a draft opinion signaling that five GOP-appointed justices plan to overturn Roe v. Wade. The last time Yahoo News/YouGov asked about confidence in the court was in September 2020,… Source link

A coalition of tech giants, including Google, Microsoft and Yahoo, have pledged support for a New York bill that would ban the use of controversial search warrants that can identify people based on their location data and internet search keywords. In a brief statement, the coalition known as Reform Government Surveillance said it “supports the adoption of New York Assembly Bill A84A, the Reverse Location Search Prohibition Act, which would prohibit the use of reverse location and… Source link