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DETROIT — It seemed fitting, DeMar DeRozan exuding an air of confidence the morning of the Chicago Bulls’ season opener in October but also knowing what was to come over an 82-game season. “I think we’ll be really good,” he told Yahoo Sports. “But I wanna see how we react when we hit a little adversity.” Adversity has knocked the Bulls upside the head recently, with injuries being a main but not singular culprit to erase a lot of the good vibes that started the season. The… Source link

After weeks of relative silence on the issue, President Joe Biden issued a stark warning to CEOs Monday: Moscow is exploring cyberattacks, they could come soon, and businesses need to do more to prepare. “The president delivered a very clear message, which is, every company needs to be hardening its cyber defenses,” National Economic Council Director Brian Deese told Yahoo Finance. “And I think it was well-received in part because we’ve been working with the private sector for months… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, March 23, 2022 Apple (AAPL) may soon be forced to loosen its vice-like grip on its App Store, as regulators from the U.S. to South Korea zero in on the tech giant’s high-margin business. Developers ranging from Spotify (SPOT) to “Fortnite”-maker Epic have railed for years against… Source link

The Fashion’s Metaverse Milestones Exhibition and auditorium areas at the Vogue Business and Yahoo Metaverse Experience are open to everyone, so please explore these interactive spaces even if you are not a Vogue Business Member. If you are not yet a Vogue Business Member, please register to attend here. Vogue Business Members are able to access all of the virtual island including the planet, forest and beach areas where you can network with our expert speakers and Vogue Business editors…. Source link

The years-long hot housing market has shown signs of cooling off. Mortgage rates over a weeklong period earlier this month topped 4% for the first time in three years — and the rise will likely continue as the Federal Reserve pursues a series of interest rate hikes this year. But persistent inflation and rising interest rates shouldn’t scare off homebuyers, real estate guru and “Shark Tank” panelist Barbara Corcoran told Yahoo Finance. Instead, aspiring homeowners should jump into the market… Source link

Returns from stocks and bonds are likely to suffer in the long-term, CEO and CIO of Research Affiliates Chris Brightman told Yahoo Finance Live. “[Investors should expect] not just lower long-term returns from the bond market but lower long-term returns from the stock market as well,” Brightman told Yahoo Finance Live. “Remember, the stock market’s trading at near all-time highs in terms of prices relative to, say, cyclically adjusted earnings or extraordinarily low dividend yields. And… Source link

Former President Donald Trump pulled his Senate endorsement of Rep. Mo Brooks, R-Ala., on Wednesday. (Chip Somodevilla/Getty Images) Former President Donald Trump pulled his U.S. Senate endorsement of Rep. Mo Brooks, R-Ala., describing him as “woke” and slamming the candidate for telling voters to look past Trump’s false claims that the 2020 election was rigged. “When I endorsed Mo Brooks, he took a 44-point lead and was unstoppable. He then hired a new campaign staff who… Source link

(Bloomberg) — Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation. Most Read from Bloomberg The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in… Source link

If it feels like 2022 has been a little less exciting for the cryptocurrency space, your instinct may not be too far off. Judging by Google search trends, interest in cryptocurrencies have hit a short-term peak. Global interest in virtual currencies like bitcoin (BTC-USD) and ethereum (ETH-USD) are 70% below their 2021 highs, according to new data from DataTrek. Query volumes for “nft” [non-fungible tokens] are also pretty weak at 65% lower than their January 2022 highs. Peak crypto… 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 Wednesday, March 23, 2022 Investors like to look at a squiggly line known as the yield curve to measure market sentiment about the future. When the line has a neat and upward slope, investors generally go about their days without paying any mind to the line. But when the line loses its shape, the U.S. economy might, uh, tilt into a… Source link