Yahoo News

Did you know that Tampa Bay Buccaneers quarterback Tom Brady co-founded an NFT agency? Well he did! It’s called Autograph, and you won’t be surprised to find out that it’s doing pretty well.  The company told TechCrunch on Wednesday that it had just completed its Series B funding round and had raised $170 million from venture capital firms Andreessen Horowitz and Kleiner Perkins, among several others. Both firms have been investing in cryptocurrency related projects and Autograph is the… Source link

Buffalo Bills at Kansas City Chiefs is a phenomenal divisional round matchup. You can tell by the point spread.  The Chiefs opened as 2.5-point favorites at BetMGM, and that moved to -1.5 by Wednesday. Think about that: The team that has Patrick Mahomes, has played in the past two Super Bowls and has won 10 of 11 is seeing the betting line move against them.  Just because it’s a big game — and this could well be the biggest game of the entire season before the Super Bowl — doesn’t mean… Source link

Weekly new jobless claims unexpectedly jumped last week by the most since October, with some renewed virus-related disruptions at least temporarily impeding the labor market’s recovery.   The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 15: 286,000 vs. 225,000 expected and a revised 231,000 during prior… Source link

Securities and Exchange Commission (SEC) Chairman Gary Gensler said on Wednesday hopes this will be the year the . As lawmakers and the crypto industry’s major players , Washington’s regulatory agencies have been at the forefront of those discussions. A number of proposals are floating around Congress and the Executive branch, yet it’s unclear whether 2022 will see any of them get implemented. “You shouldn’t put timelines on yourself, but I will say I sure hope so,” Gensler told… Source link

The Los Angeles Lakers will not be making a personnel move at this juncture and Frank Vogel will travel with the team tomorrow to coach in Orlando on Friday, league sources told Yahoo Sports. Vogel’s job security has been a topic of speculation recently as the Lakers have lost four of their last five games, including a 111-104 defeat to the Indiana Pacers on Wednesday in Los Angeles. In that loss, offseason acquisition Russell Westbrook was benched late in the game. Vogel told reporters after… Source link

Three days later, Mike McCarthy is standing by the ill-fated final play that saw the clock run out on the Dallas Cowboys‘ season. In his first public comments since his postgame news conference on Sunday, McCarthy discussed with reporters that final play from Sunday’s playoff loss to the San Francisco 49ers. He also addressed speculation about his job status. While he says he would run the play again, he’d like to see something change on Dak Prescott‘s execution — and it doesn’t involve… Source link

U.S. stock futures traded sideways Wednesday evening after a turbulent day in markets that saw the Nasdaq close in correction territory — or at least 10% down from its peak — as rising bond yields and concerns around tighter monetary policy continued to plague investors. Contracts on all three major indexes hovered near breakeven after the tech-heavy Nasdaq Composite logged a closing level more than 10% below its November record high in the earlier session The Federal Reserve is in a… Source link

Kyrie Irving can often be confusing, but very recently he spoke with the most clarity he’s displayed in years, saying unequivocally he would not be taking the COVID-19 vaccine. It puts the Brooklyn Nets in a curious position, particularly with Kevin Durant out for four to six weeks with an MCL injury. There was thought to be a little opening, especially when James Harden joked he would inject Irving himself last week, but Irving stated in no uncertain terms where he stands on the… Source link

President Joe Biden acknowledged that a major problem facing Americans remains high inflationary pressures, but said Wednesday that a large share of the dilemma falls on the shoulders of the nation’s central bank. “A critical job in making sure elevated prices don’t become entrenched rests with the Federal Reserve, which has a dual mandate: employment and stable prices,” Biden said on the eve of the one-year anniversary of his inauguration. The price stability mandate is in flux, where the… Source link

With the Nasdaq Composite (^IXIC) teetering on the brink of correction territory, a painful sector rotation continues to flummox investors this year in expectation of the Federal Reserve taking its foot off the gas. Amid the overall market defensiveness, one analyst is suggesting that investor pessimism may be overblown. Callie Cox, investment analyst at eToro, recently appeared on Yahoo Finance Live to break down the current macro environment, as markets recently went from pricing in zero… Source link