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Energy and oil prices have been on fire over the last six months. And expect them to go higher, says one analyst. “For multiple reasons, there’s still room to go higher in the coming weeks,” Troy Vincent, DTN ​​senior market analyst, told Yahoo Finance Live. Some strategists have been forecasting $100 barrel for oil. “I wouldn’t say it’s inevitable, but it’s going be very easy to get there,” said Vincent. Over the last six months, crude is up nearly 40%. On Monday, prices took a breather… Source link

(Reuters) – Rumble Inc, a YouTube-style website popular among U.S. conservatives, has offered Joe Rogan $100 million over four years for all his shows, days after the podcaster apologized for using racial slurs in his content. Rogan is also facing backlash for COVID-19 misinformation in his program hosted on Spotify, after singer-songwriters including Neil Young and Joni Mitchell pulled their content from the streaming platform. The incidents prompted Spotify to add a “content advisory” to any… Source link

In the beginning of the NBA season, it appeared to be a two-man race between Evan Mobley and Scottie Barnes for the rookie top honor, but now a few other players have entered the conversation. Cade Cunningham, Franz Wagner and Josh Giddey all had strong starts to the second half of the season, and the gap between the top five rookies is smaller than ever. Orlando Magic guard Jalen Suggs returned to the court Jan. 14 after being sidelined for five weeks with a thumb injury. Two second-round… Source link

The Sports Illustrated Swimsuit edition is ringing in its 58th anniversary with a new advertising initiative aimed at gender equity. The “Pay With Change” mandate will only allow brands that are helping to drive gender equality forward to advertise in the magazine’s annual print issue as well as across its digital platforms. MJ Day, editor-in-chief of the SI Swimsuit edition, told Yahoo Finance Live that the advertising mandate, which goes into effect with the magazine’s May 2022… Source link

Apple (APPL) shouldn’t let Peloton (PTON) end up in the hands of Nike or Amazon, contends Wedbush tech analyst Dan Ives. While Apple is known to be cautious on doing big deals (last one was $3 billion for headphone maker Beats in 2014), a bid for Peloton makes sense. “Acquiring Peloton would be a major strategic coup and catalyze the company’s aggressive health and fitness initiatives over the coming years. With ~2.8 million paid subscriptions today and a very strong/unique competitive moat,… Source link

Stock traded mixed Monday at the start of another busy week for corporate earnings and fresh economic data as investors continue to assess the Federal Reserve’s path forward for monetary policy. The S&P 500 rose was little changed after posting its best weekly gain of the year last week. The Dow also hugged the flat line, while the Nasdaq gained. After last week’s rollercoaster trading — with stocks sliding following Meta Platforms’ (FB) disappointing outlook, and then rebounding sharply… Source link

ZHANGJIAKOU, China—Ireen Wüst skated her way into sports history Monday night, winning individual gold for a record fifth straight Olympics. The Netherlands’ Wüst won the 1500m speedskating event with a time of 1:53.28, edging out Japan’s Miho Takagi by 0.44 seconds. Wust’s Dutch teammate Antoinette de Jong placed third with a time of 1:54.82. The win gave Wüst gold medals in five separate Olympic Games: Beijing, PyeongChang (2018), Sochi (2014), Vancouver (2010) and Torino (2006)…. Source link

By Howard Schneider WASHINGTON (Reuters) – The last time the U.S. unemployment rate fell below 3%, as one Federal Reserve official has predicted it will this year, the Korean War was nearing its end and a recession that saw legions of workers lose their jobs was just around the corner. While the circumstances were unusual, it nonetheless presented a now-familiar pattern – a falling unemployment rate eventually giving way to recession – that current Fed officials will be challenged to avoid as… 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 Monday, February 7, 2022 Bigger isn’t always better. Case in point: Lots of trading desks are locked in on the dramatic underperformance of the small-cap Russell 2000 Index amid the bounce-back in broader stocks from the late January lows. The Russell 2000 — which is often viewed a proxy for the strength (or lack thereof) of the domestic economy… Source link

YANQING, China — U.S. skier Nina O’Brien crashed across the finish line in her second Olympic giant slalom run here on Monday, sending gasps throughout an audience that included many fellow racers. Doctors and emergency responders tended to her on the icy snow for almost 10 minutes, before dragging her away from the finish area on a stretcher. O’Brien, though, was not only “alert and responsive,” according to a U.S. ski team spokeswoman. She was “calm,” “worried about delaying… Source link