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Despite the modest rally that we’ve seen since late May, volatility still rules the markets. The overall trend for the year has been down – to the tune of 14% on the S&P 500 and 23% on the NASDAQ. It’s not exactly an environment that would encourage large-scale buying. But Marko Kolanovic, global market strategist from JPMorgan, takes the contrarian view, explaining why, in his view, current low prices represent opportunities. “As the market got into oversold conditions, it didn’t… Source link

Ezra Miller‘s legal troubles mount as more disturbing claims are hurled at the 29-year-old The Flash star. The parents of 18-year-old Tokata Iron Eyes claim in court documents that Miller began grooming their daughter at age 12 and supplied Tokata with alcohol, marijuana and LSD. They are seeking a protective order as Tokata apparently dropped out of school and fled with them to Hawaii, where the actor has been arrested multiple times. Ezra Miller, here the 2019 Time 100 Next Gala, is accused… Source link

This article is part of our Yahoo DFS Golf series. RBC Canadian Open Toronto, Ontario, CanadaSt. George’s Golf and Country Club – Par 70 – 7,014 yardsField – 156 entrantsPurse – $8.7M The Preview As the RBC Canadian Open reappears on the PGA Tour’s schedule for the first time since 2019, St. George’s Golf and Country Club in Toronto is primed to host the event for the first time in over a decade. The par-70 layout lends an old-school country club feel with thick rough surrounding… Source link

(Bloomberg) — Apple Inc. will handle the lending itself for a new “buy now, pay later” offering, sidestepping partners as the tech giant pushes deeper into the financial services industry. Most Read from Bloomberg A wholly owned subsidiary will oversee credit checks and make decisions on loans for the service, which is called Apple Pay Later. The business — Apple Financing LLC — has necessary state lending licenses to offer the feature, though it operates separately from the main Apple… Source link

The 82-game NBA season has been in place since 1967-68, but has come under scrutiny recently, with the flames being stoked most notably by commissioner Adam Silver. Silver is pushing for an in-season tournament to generate more interest and certainly more revenue. The tournament would lead to shortening the season. But it seems he could be running the risk of devaluing the regular season by pressing for more incentivized games before the playoffs. “I recognize that could always be a concern… Source link

The general read from Wall Street in the wake of Target’s surprise warning on Tuesday is that things can’t get much worse from here. “While this news is painful to digest, we are hopeful that this is a rip the bandaid off type event that will allow the company to operate more efficiently in the second half and beyond,” RBC Capital Markets analyst Steven Shemesh wrote in a new note to clients. “We expect investors to tread with caution near-term, but believe this decision ultimately makes the… Source link

The demand for cruise vacations may be weakening as high levels of inflation, the ongoing COVID-19 pandemic, and a slowing economy weigh on consumer purchase decisions. Royal Caribbean, Norwegian Cruise Line, and Carnival all saw capacity-weighted sequential ticket pricing declines from May to June, according to new data from BofA Global Research. Price declines ranged from 1% to 3% compared to May, with Carnival seeing the largest drop (2.6%). The pricing softness looks to be extending into… Source link

Jim Cramer says oil is the ‘only dip that can be bought right now’ — here are 3 blue-chip energy stocks that also provide healthy yields as high as 7.8% With the market down double-digits in 2022, a lot of stocks seem to be on sale. But not all of the beaten-down names are worth buying at the moment, according to CNBC’s Jim Cramer. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at… Source link

JaMarcus Russell is young enough at age 36 to still be starting in the NFL. Tom Brady and Aaron Rodgers are older, and Matt Ryan was born three months before Russell. But Russell’s path took a different turn during a turbulent three years with the Oakland Raiders. The last time he was seen on an NFL field was January 2010, taking mop-up snaps in a season-ending blowout to the Baltimore Ravens. Then Russell was just gone, quickly anointed one of the biggest busts in NFL draft history. No other… Source link

The Cleveland Browns agreed to excuse quarterback Baker Mayfield from the team’s three-day mandatory minicamp next week, the team announced according to multiple reports. If the Browns didn’t excuse Mayfield and he still skipped camp, the team could have fined him $14,775 for the first day, $29,550 for the second day and $44,325 for the third. Mayfield, who has been recovering from shoulder surgery this offseason, has been the subject of trade speculation since the Browns acquired Deshaun… Source link