Stock futures drift lower before Fed minutes

Stock futures drift lower before Fed minutes

U.S. stock futures traded lower Wednesday morning, as investors looked to shake off the latest wave of selling sparked amid growing concerns about the impact of inflation on company profits and the broader economy. Traders also awaited the Federal Reserve’s meeting minutes later in the day, which may help further clarify the path of monetary policy in the near-term. Contracts on the S&P 500 edged lower, steadying after Tuesday’s renewed rout. Dow and Nasdaq futures were each also off slightly… Source link

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3 themes being discussed among power brokers

3 themes being discussed among power brokers

DAVOS, Switzerland — The World Economic Forum in Davos, Switzerland is well underway, and there is a lot happening here on the ground despite not being as crowded as previous years. One source said the crowds feel 10% to 20% lighter in the halls of the Congress Center. Another noted that the after-hours party scene (more on that below) is less muted than in year’s past. There is also far less optimism about the economy in the voices of world’s power brokers. One CEO remarked that we may be… Source link

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Critical New Google Chrome Security Warning For All Users, Update Now

Critical New Google Chrome Security Warning For All Users, Update Now

The good news for the estimated 3.2 billion users of Google’s Chrome web browser is that, as far as we know, there are no new zero-day attacks ongoing against them. However, according to the latest confirmation from Google, a total of 32 new security vulnerabilities have been discovered that impact the Chromium-based browser. Of these, one has a critical impact status, eight are rated high and a further nine are medium. This is one big, and very important, security update for all Chrome… Source link

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NBA plays on hours, miles from Uvalde elementary school shooting

NBA plays on hours, miles from Uvalde elementary school shooting

DALLAS — Stephen Curry looked his coach directly in the eye, accompanied by a firm handshake — no words spoken, the bond formed by these two men didn’t need verbal confirmation. The Dallas Mavericks’ usually boastful and always heard PA announcer Sean Heath’s voice cracked when calling for a moment of silence before the start of Game 4’s Western Conference final, a rarity even though in-arena commemorations of mass shootings are as commonplace as pyrotechnics and eardrum-blasting… Source link

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Pepsi out as Super Bowl halftime show sponsor

Pepsi out as Super Bowl halftime show sponsor

For the first time in a decade, Pepsi is out as the title sponsor of the Super Bowl halftime show. Pepsi renewed its long-standing partnership with the NFL on Tuesday, according to CNBC. The deal will allow Pepsi to use the NFL in advertisements, and will have Pepsi, Gatorade and other Pepsi brand products at NFL games and events. That new deal, however, didn’t include rights to the halftime show at the Super Bowl. “Our priorities and their priorities have evolved, and we wanted to make… Source link

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Deshaun Watson investigation ‘nearing end’ per Roger Goodell

Deshaun Watson investigation ‘nearing end’ per Roger Goodell

The NFL’s Deshaun Watson investigation is officially in the home stretch. Commissioner Roger Goodell closed the league’s spring meetings on Tuesday and said there is no timeline for a decision on Watson’s future, but that the end of the league’s investigatory process is near. The news comes on the day that an interview with two of the 22 Watson accusers alleging sexual misconduct in civil suits is set to air on HBO’s “Real Sports,” personally detailing their allegations against the… Source link

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LeBron James, sports world outraged after Texas shool shooting

LeBron James, sports world outraged after Texas shool shooting

LeBron James was one of plenty in the sports world who was outraged on Tuesday afternoon after a horrific mass shooting at a Texas elementary school. The Los Angeles Lakers star erupted on social media calling for change after at least 18 students and three adults were killed in Uvalde, Texas. “Like when is enough enough man!!!” he wrote, in part. “These are kids and we keep putting them in harm’s way at school. Like seriously ‘AT SCHOOL’ where it’s suppose to be the safest.

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Anderson said he warned Donaldson about ‘Jackie’ comment in 2019

Anderson said he warned Donaldson about ‘Jackie’ comment in 2019

Tim Anderson spoke out on Tuesday about his relationship with Josh Donaldson, and said he gave the New York Yankees third baseman a warning about calling him “Jackie” back in 2019. Donaldson was suspended for one game after he admitted to calling Anderson “Jackie,” as in a reference to Jackie Robinson. Donaldson said he has called Anderson “Jackie” repeatedly since 2019, and insisted that he was just “joking around” based on a comparison Anderson made about himself. That,… Source link

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In The Know by Yahoo Presents the Father’s Day Shop

In The Know by Yahoo Presents the Father’s Day Shop

Our team is dedicated to finding and telling you more about the products and deals we love. If you love them too and decide to purchase through the links below, we may receive a commission. Pricing and availability are subject to change. Ask most people, and they’ll tell you the dads in their life are really hard to shop for. While some never really want anything special or specific, others already seem to have everything a dad could need. But still, you can’t let Father’s Day pass without… Source link

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Snap’s Gloomy Outlook Leads to Record Stock Tumble, Hits Rivals

Snap’s Gloomy Outlook Leads to Record Stock Tumble, Hits Rivals

(Bloomberg) — Snap Inc. plunged 43%, posting its biggest-ever one-day drop and dragging down social media peers, after the company cut its revenue and profit forecasts, blaming the weaker economic outlook for a sudden slowdown of its advertising business. Most Read from Bloomberg “We continue to face rising inflation and interest rates, supply chain shortages and labor disruptions, platform policy changes, the impact of the war in Ukraine, and more,” Chief Executive Officer Evan Spiegel… Source link

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