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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 Tuesday, March 15, 2022 Rapid rent growth will persist The rent is too damn high. Once only referring to a single-issue political party led by former New York City mayoral candidate Jimmy McMillan in the 2000s, the phrase now resonates across the U.S. Rent growth, not just soaring energy prices, is doing its part to push inflation to a 40-year high… Source link

NFL teams preparing for a potential trade pursuit of Deshaun Watson are now focusing on two key aspects of his future, following Friday’s decision by a grand jury to pass on indicting the Houston Texans quarterback on sexual assault allegations. First, multiple teams considering a trade for Watson told Yahoo Sports that Tuesday’s deposition in the quarterback’s civil litigation will be a pivotal moment, because Watson is expected to give it without invoking his Fifth Amendment right to… Source link

Wall Street’s main benchmarks were little changed at the start of overnight trading Monday after stocks closed mostly lower to start the week. Investors continued to monitor the Russia-Ukraine war and braced for a key monetary policy decision due out of the Federal Reserve Wednesday that could place short-term interest rates above near-zero levels for the first time since 2018. Contracts on the S&P 500, Dow Jones Industrial Average and Nasdaq Composite ticked up slightly at the open after… Source link

Yahoo Sports Scores at NBA Crossover with a High-tech Retrospective Please enable JavaScript to view this website. … Source link

Thanks to a pair of huge birdie runs, and a clutch shot at the island green, Cameron Smith walked off TPC Sawgrass a winner on Monday afternoon. Smith posted a 6-under 66 in his final round in a rare Monday finish on the PGA Tour to win The Players Championship, marking his biggest win to date and his second so far this season. Smith took home $3.6 million with the win, which was part of a $20 million purse for the tournament — the largest in the history of the Tour. “It’s unreal. A long,… Source link

Nicknamed “the Bond King” by Fortune Magazine in 2002, Pacific Investment Management Company (PIMCO) founder Bill Gross made both a name and a very profitable empire managing bond funds. At the height of his career, Gross earned over $300 million in net returns and had accumulated almost $500 billion in assets. Then it all came tumbling down. Gross stepped down from PIMCO following a widely-publicized internal conflict between him and fellow chief executive Mohamed A. El-Erian. More… Source link

On Wednesday the Federal Reserve will likely take the first steps in paring back its stimulus — by raising interest rates for the first time since the global pandemic began. High inflation makes it a near certainty that the central bank will move to “tighten” its policies of printing money, by raising the target federal funds rate (the benchmark for short-term interest rates) by 0.25%. The uncertainty for Fed policy lies in how aggressive the central bank will move after the first… Source link

Ford (F) is taking an unusual approach to battle the ongoing semiconductor crunch afflicting global automakers — doing without them, for the time being. “We are working as hard as we can and offering ways for our customers to get their vehicles sooner during the global semiconductor shortage … Beginning soon, we will offer customers a way to get their Explorer more quickly, too, thanks to a specification change that will keep rear seat heating/air conditioning auxiliary controls up… Source link

WASHINGTON — When he invaded Ukraine, Vladimir Putin almost certainly expected a quick, decisive conquest that would restore the Kremlin’s influence in Eastern Europe and burnish his own status as a Russian leader on par with Peter and Catherine the Great. Weeks later, Russia is a hobbled pariah, while the dogged Ukrainian resistance — led by charismatic President Volodymyr Zelensky — has attained admiration in much of the world. There is little doubt that the Russian army has the… Source link

Awful news broke Monday that Fernando Tatis Jr. fractured his wrist during the offseason and is likely to undergo surgery that will cost him up to three months. Tatis was going No. 1 overall in Yahoo fantasy drafts, but that honor now falls to Trea Turner. Tatis already had an ongoing shoulder concern and reportedly injured his wrist earlier in the offseason, which flared up again when he began to swing a few weeks back. Unfortunately for fantasy managers, MLB players and owners were not… Source link