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RIP Tony Siragusa. (Photo by Evan Agostini/Invision for PepsiCo/AP Images) Tony Siragusa, a member of the Baltimore Ravens’ Super Bowl-winning defense who carved out a post-retirement media career, died Wednesday, the Ravens confirmed Wednesday. He was 55 years old. Siragusa, nicknamed “Goose,” played 12 seasons in the NFL, but had to overcome a major obstacle on his way there when he tore his ACL in college at Pittsburgh, depleting his draft stock to the point that he went undrafted in the… Source link

‘A cold dark place’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks Michael Burry — the hedge fund manager depicted by Christian Bale in The Big Short — has been aggressively investing during this market downturn. Burry’s latest 13F filing for the first quarter of 2022 shows a broad range of new investments and some interesting strategic moves with options. That’s a significant shift from the previous quarter when Burry… Source link

Policymakers at the Federal Reserve are beginning to entertain the possibility of recession, as high inflation pushes the central bank to raise interest rates at the fastest pace in decades. “It’s certainly a possibility,” Fed Chairman Jerome Powell told the Senate Banking Committee on Wednesday when asked about the chance of a recession. Powell clarified: “It’s not our intended outcome.” The Fed chief’s remarks on Wednesday stand in contrast to his commentary from early May, when… Source link

Patrick Harker, President of the Federal Reserve Bank of Philadelphia, joined Yahoo Finance Live on June 22, 2022, to discuss his economic outlook and the Fed’s recent decision to raise interest rates by 0.75%. — BRIAN CHEUNG: President Harker. Good morning. How are you? PATRICK HARKER: Good morning, Brian. Thanks for having me. BRIAN CHEUNG: So a lot to talk about, obviously the big news headline coming from the Fed last week of that 0.75%, 75 basis point, move. It was an interesting kind of… Source link

Antitrust action is desperately needed to reel in the practices of Big Tech companies, especially around privacy, Google’s former head of advertising said Tuesday. Driving the news: Competition in tech is needed to ensure people are able to have private online experiences, because large companies like Google will never truly care about user privacy, Sridhar Ramaswamy said during an onstage interview with Axios in Toronto at the Collision Conference. Ramaswamy spent 15 years running Google’s… Source link

You might have heard: Joe Biden is shaping up as the next Jimmy Carter. As a Democratic president in the 1970s, Carter had to deal with surging inflation, as Biden does now. Carter also faced an energy crisis, triggered abroad, much as Biden is now trying to tackle soaring gasoline prices caused by Russia’s invasion of Ukraine. Carter famously claimed the nation faced a “crisis in confidence,” which is arguably the case under Biden, too, given that consumer confidence, by some measures,… Source link

Comcast Corp.’s NBCUniversal and Alphabet Google have emerged as top contenders to work with Netflix and help the streaming company create an advertising-supported tier of its service, according to people familiar with the matter. Netflix, which is hoping to boost revenue by selling ads around its programming, is still in the early stages of developing the strategy and has explored a range of tie-ups in recent weeks. Source link

U.S. consumer prices rose 8.6% in May from a year ago, marking the biggest increase since December 1981. But according to pollster and GOP political strategist Frank Luntz, things are about to get a lot worse. “We are 13 days away from an absolute explosion on inflation,” Luntz told CNBC last week, referring to the upcoming 4th of July weekend. He explains that Independence Day, Thanksgiving, and Christmas are three holidays where Americans hit the road and “buy more food than any other… Source link

(Warning: This column contains allegations of sexual misconduct.) It should be of little surprise that when Houston-area attorney Tony Buzbee announced that 20 of his 24 clients had settled civil lawsuits against Cleveland Browns quarterback Deshaun Watson, he spent most of the time talking about one of the plaintiffs who hadn’t resolved things. Ashley Solis. Tuesday’s settlements are a step toward Watson eventually moving past this scandal and perhaps returning to play NFL games, but it… Source link

Google announced today that it’s adding a new label on Maps and Search that will allow people to identify their business as being LGBTQ+ owned. The new label is now available to merchants in the United States with a verified business profile on Google. The new label joins the current options available to merchants, which include Black-owned, Latino-owned, veteran-owned and women-owned. The label also expands on the “LGBTQ+ friendly” and “transgender… Source link