Yahoo News

Inflation? Oh yeah, I’m old enough to remember. As I’m sure you saw, inflation numbers came out red-hot on Thursday, with prices for the month of January rising at an annualized rate of 7.5%, the highest since February 1982. “This is a big shock to me,” says Jian Yang, professor of finance at University of Colorado. “When I hear that this inflation rate is the highest in 40 years, that really causes some concern about a challenge to the U.S. economy.” So I think it’s worth going… Source link

It wasn’t the most explosive trade deadline, but LeBron James sitting idly as power moves were being made was an unfamiliar sight. The Los Angeles Lakers had nothing to give but needed plenty, and usually that means James’ unspoken pressure tightens the vice on even the most seasoned general managers, yielding something, anything. But it was quiet on the Lakers front, as teams turned down Russell Westbrook. Perhaps the Lakers were unaware other teams have seen the film or taken advantage… Source link

Super Bowl LVI is just two days away, but the big game will not only be about football. Music icons Dr. Dre, Snoop Dogg, Eminem, Mary J Blige, and Kendrick Lamar are all set to perform at this year’s halftime show — the third production from the NFL’s partnership with Jay-Z and Roc Nation. “The opportunity to perform at the Super Bowl Halftime show, and to do it in my own backyard, will be one of the biggest thrills of my career,” Dr. Dre said in a statement at the time of the reveal, adding… Source link

The greatest receiver in NFL history wanted the San Francisco 49ers to be more aggressive in the NFC championship. Rice questioned the 49ers’ decision to punt on a crucial 4th-and-2 late in the contest, saying, “You gotta go for it.” Rice spoke about that game — and a number of other topics — with Jared Quay of Yahoo Sports. Rice wasn’t too keen to talk about the NFC championship at first, but quickly aired a complaint about the contest. “You just hurt me, big time,” Rice said. “Because… Source link

As China’s digital yuan takes the global stage at the winter Olympics, a top cryptocurrency executive believes the U.S. is actually ahead in the worldwide digital currency game. Recently, the Federal Reserve has unveiled its thinking about how a central bank digital coin might operate, without taking any firm stance on the topic. Only 2 countries, Nigeria and the Bahamas, have functional CBDCs, while a few other economies are moving toward pilots this year. However, Circle CEO Jeremy Allaire… Source link

Jackson State coach Deion Sanders is already drawing plenty of attention as a coach. Sanders led Jackson State to an 11-win season his first year on the job. He was rewarded with the FCS Coach of the Year honor. That success has already propelled Sanders into NFL conversations. There were no reports Sanders interviewed during the most recent coaching cycle, or that teams contacted Sanders, but there was a belief Sanders could break into the NFL head coaching ranks soon. Problem is, Sanders… Source link

As concerns around inflation soar, American consumers’ outlook on the trajectory of the U.S. economy has deteriorated, worrying some experts that negative attitudes could dampen expenditure and put a dent in economic growth. The University of Michigan’s closely-watched consumer sentiment index fell to 61.7 in early February, hitting the lowest level since October 2011. January saw a reading of 67.2. Recent declines in the measure have been driven by weakening personal financial prospects… Source link

Spoiler warning: The following article contains the answer for Friday’s Wordle puzzle. There is no game on the internet bigger than Wordle right now. In the span of a few months, the very straightforward, but undeniably entertaining, game has racked up daily player counts in the millions and inspired a number of memes and knockoffs. The New York Times just purchased the game for a sum said to be in the low seven figures. Celebrities like Jimmy Fallon and Stephen Fry have posted their own… Source link

There’s at least one thing in Urban Meyer’s life that lasted a shorter amount of time than his stint with the Jacksonville Jaguars. Urban Chophouse, a steakhouse in Columbus, will be sold and rebranded, according to Ben Koo of Awful Announcing. The restaurant, which opened in May, is being sold to Shawn Shahnazi, a local restaurant owner. As part of the rebrand, Meyer’s name will be taken off the restaurant. Shahnazi will also hire a new chef and rework the menu. The restaurant got decent… Source link

BEIJING — U.S. anti-doping chief Travis Tygart said Friday that the testing delay that allowed Russian figure skater Kamila Valieva to compete at the Olympics was “absolutely inexcusable” and “a catastrophic failure of the system that is so egregious, it almost seems intentional.” “I’m not saying that it is [intentional], because I don’t know that,” Tygart clarified in a phone interview. “But it never should’ve happened.” The International Testing Agency confirmed Friday that Valieva, the… Source link