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(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The fastest inflation in decades and the resulting rush by central banks to raise interest rates are stoking recession fears in financial markets — worries that are being compounded by the impact of aggressive coronavirus lockdowns in China and the war in Ukraine. In the last week alone, the the U.S. and U.K. logged inflation accelerating the most since the… Source link

Two starts into his MLB career, Cincinnati Reds starting pitcher Hunter Greene is exactly as advertised. Simply put, the rookie right-hander who went second overall in the 2017 MLB draft thanks to his easy triple-digit speed is lighting up the radar gun like no other pitcher in recent MLB history, if any MLB history. Greene made his second start for the Reds on Saturday at Dodger Stadium. By results, the Los Angeles native was strong enough, shutting down the Dodgers for five innings until… Source link

If Al Haymon, Tom Brown, Stephen Espinoza and whoever else may be involved in the negotiations to put Errol Spence Jr. and Terence Crawford in the ring against each other in their next bouts screw this up, may they be damned to watching “Ishtar” for the next 20 years with only limited bathroom breaks. This can’t be screwed up. It can’t be put on the back burner. It can’t be allowed to marinate. Spence has to be the next opponent for Crawford and Crawford has to be the next opponent… Source link

Errol Spence Jr. and Yordenis Ugas were nose-to-nose for the better part of 10 rounds on Saturday in their battle for three quarters of the welterweight belts at AT&T Stadium in Arlington, Texas. That was a big problem for Yordenis Ugas. Spence is too good, too strong and too powerful of a puncher for Ugas to fight the way he did, throwing few punches and not moving out of the way. Spence crushed Ugas repeatedly with uppercuts, closing his right eye, which eventually led to referee Laurence… Source link

Since Saturday was packed to the brim with NHL action, Sunday features several teams on the second day of a back-to-back. It also features earlier starts. The DFS slate covers all six games, with the first starting at 1 p.m. EDT. Here are my Easter recommendations for players to target, and ones to avoid. GOALIE Marc-Andre Fleury, MIN vs. SAN ($33): With so many clubs playing on consecutive days, goaltending options are a little dicey. Fortunately, the Wild provide a better combo than most… Source link

Shoni Schimmel faces a maximum of 15 years in prison. (Photo by Tim Clayton/Corbis via Getty Images) Two-time WNBA All-Star Shoni Schimmel has pleaded not guilty to charges stemming from allegations of assault against her former partner, the U.S. Department of Justice announced Friday. The 29-year-old Schimmel faces charges of assault by strangulation of an intimate dating partner and assault resulting in substantial bodily injury. She faces a maximum sentence of 15 years in federal prison,… Source link

In an NBA playoff matchup between Ja Morant and Anthony Edwards up top and Karl-Anthony Towns and Jaren Jackson Jr. down low, it was ESPN that brought the noise. Way, way too much noise. The first quarter of ESPN’s broadcast of Game 1 between the Minnesota Timberwolves and Memphis Grizzlies was marred by a loud and bizarre noise that can be best described as a cross between static and a jackhammer. This was no momentary interruption either. The disturbance went on for several minutes, with ESPN… Source link

Pernod Ricard (RI.PA) is officially in the metaverse with Absolut’s Coachella activation, allowing “real life to meet virtual life.” For the first time ever, the second largest spirits & wine maker Pernod Ricard, unveiled an experience in the metaverse dubbed Absolut.Land with its brand Absolut Vodka. North America CEO Ann Mukherjee told Yahoo Finance the global company partnered with Decentraland over other potential partners in the space, including Meta’s Horizon Worlds (FB) and Roblox ( Source link

J.D. Vance has become the latest candidate to gain Donald Trump’s coveted endorsement in a Republican primary this year. Vance, who has been trailing in the crowded Ohio Senate race, joins well over 130 candidates Trump is betting on as a test of his continued influence in GOP politics. The author had previously been critical of the former president, but Trump concluded Vance “gets it now” in his endorsement announcement. The former venture capitalist is now possibly the candidate with… Source link

Jordan Belfort attends the premiere party for “The Wolf of Wall Street” at the Roseland Ballroom in New York.Evan Agostini/Invision/AP Jordan Belfort, the real-life “Wolf of Wall Street,” is now marketing himself as a crypto mastermind. Last week, he hosted a $40,000 cryptocurrency workshop at his Miami estate, NYT reported Friday. Three years ago, the former stockbroker and convicted felon said Bitcoin was a “mass delusion.” Jordan Belfort, the real-life inspiration behind “The Wolf of Wall… Source link